Top Crypto Traders Who Missed XRP’s 2018 Big Run Now Eye AVAX & Trending New Altcoin
The post Top Crypto Traders Who Missed XRP’s 2018 Big Run Now Eye AVAX & Trending New Altcoin appeared on BitcoinEthereumNews.com.
Ripple (XRP) pulled one of the most memorable runs in the 2017 bull market. It soared by over 100x and reached a peak of $3.84 in early 2018. Investors who want to experience similar price multipliers are now looking into Avalanche and Cutoshi. The new altcoin is showing significant promise, with its ongoing presale raking in over $1 million in record time. Ripple Surges 181% in One Month Ripple (XRP) investors are gloating at the news of the impending resignation of the head of SEC, Gary Gensler. After years of draining legal battles, Ripple Labs and XRP holders are drawing a sigh of relief. That’s because Gensler can leave his position on January 20. That day will mark the start of Donald Trump’s presidential term. – Advertisement – The SEC’s crackdown played a major role in Ripple’s underperformance over the last years. However, with Trump coming to power, a new, crypto-friendly regulatory framework might be there, and XRP is reacting. In the last month alone, Ripple has recorded 181% gains. Besides, today, it sells for $1.47 with a massive 33% intraday increase. Simultaneously, Ripple’s volume is up by a staggering 220, with over $21.55 billion worth of XRP traded on exchanges. Analyst Crypto Michael foresaw this move back in July. He posted a chart reading showing Ripple forming a multi-year triangle pattern. Ripple broke out as predicted with a near-vertical upward jump that saw it tear through several resistance levels. Many agree that the party is just getting started. – Advertisement – Avalanche Reclaims Resistance, Eyes $40 Avalanche (AVAX) is steadily gaining ground with a 40% monthly increase. That saw it take the 12th place on the CoinMarketCap crypto leaderboard. At press time, Avalanche is selling at $39.35 with an 11.3% daily increase. According to analyst Grronk, once Avalanche flips…
Filed under: News - @ November 24, 2024 3:12 pm