Altcoin
Bitcoin Veteran Who Correctly Called The XRP Price Surge To $3.8 In 2017 Is Back With 30,000% Forecasts – It’s Not For XRP
A famous bitcoin veteran trader who accurately predicted a 1,900% surge in XRP’s price to $3.8 in 2017 is driving a crazy FOMO among smart crypto investors after forecasting ETFSwap (ETFS) will rally 30,000% from $0.05769 to $15 in December.
Bitcoin Veteran Predicts XRP Price Could Rally To $1.5 Before End Of Year
The XRP price trading at $0.63 has experienced a 7.23% increase following recent predictions from a famous Bitcoin veteran trader for XRP to touch $1.5 before 2024 runs out.
Analysis from the Bitcoin veteran trader shows XRP price could break out and rally among bullish altcoins, including ETFSwap (ETFS), following BTC, creating a new all-time high of $89,000 in the crypto markets and igniting the 2024 crypto bull run.
However, the Bitcoin veteran trader has also highlighted XRP price resistances and ongoing legal battles with the Securities Exchange Commission (SEC) as bearish factors that can limit XRP’s potential to rally when compared to ETFSwap (ETFS).
ETFSwap (ETFS) Will Create Millionaires With A 30,000% Mega Price Surge In December, Bitcoin Veteran Reveals
In less than 30 days, ETFSwap (ETFS) will create the next set of crypto millionaires with a 30,000% programmed rally forecasted by a famous Bitcoin veteran trader. According to the Bitcoin veteran, ETFSwap (ETFS), priced at $0.05769 in the bonus round of presale, shows the same bullish signals as XRP price in 2017 before it rallied. The Bitcoin veteran touts ETFSwap’s (ETFS) first feature in the bull run and imminent token launch alongside a groundbreaking DeFi platform as bullish fundamentals that will drive a 30,000% rally of ETFS in December.
ETFSwap (ETFS) has hit a significant milestone with the successful launch of the first phase of its beta platform on Testnet. ETFSwap (ETFS) will launch shortly on Mainnet for user interactions in the coming weeks after the developers thoroughly test its DeFi functionalities. The backend development of the ETFSwap (ETFS) DeFi platform, which has been completed, hosts robust utilities and solutions to scale the profitability of ETF and crypto traders trading in the markets.
Following the mainnet launch of the DeFi platform, ETFSwap (ETFS) users will pay the cheapest trading fees when buying and selling popular exchange-traded funds (ETFs), including spot Bitcoin, spot Ethereum, bonds, equities, commodities, vanguard, Ishares, and fixed income ETFs among many others. They will also receive mouthwatering trading incentives when they swap the ETFS utility token for other high ROI ETFs and crypto assets on the DeFi platform. A live ETF price tracker will be featured on the DeFi platform for ETF traders to monitor real-time market movements of favorite ETFs. A standout feature of ETFSwap’s (ETFS) groundbreaking DeFi platform is a 100x trading booster that smart traders can use to amplify gains on their ETF trades up to 60,000%.
ETFSwap (ETFS) users will generate passive income from staking ETFs on the DeFi platform liquidity pools. The DeFi platform will offer competitive ETF staking rewards of up to 87% APR. ETFSwap (ETFS) is a borderless DeFi platform that will support perpetual contracts trading of cryptocurrencies. Crypto traders will trade Bitcoin futures, Ethereum futures, and XRP price futures, among other popular cryptocurrencies. Unlike regular DeFi platforms, ETFSwap (ETFS) will allow traders to open multiple trading positions and take advantage of bullish market trade setups.
ETFSwap will provide optimal trading liquidity to crypto and ETF traders using its market-making expertise. ETFSwap (ETFS) users will join a tokenization revolution in the crypto industry. They will enjoy unlimited access to tokenize their real-world assets (RWA) using the ETFS DeFi token. The ETFSwap (ETFS) DeFi platform will guarantee instant settlements to users trading their tokenized assets on-chain.
ETFSwap (ETFS) will also guarantee top-notch platform security. ETFSwap (ETFS) DeFi platform smart contracts, which the CyberScope security firm has audited, are without vulnerabilities. The smart developers behind ETFSwap (ETFS) DeFi platform development have completed KYC with the SolidProof audit firm.
Conclusion
ETFSwap (ETFS) 30,000% programmed rally in December, touted by a Bitcoin veteran trader, is the best bet for retail crypto investors looking to make generational wealth in the 2024 crypto bull run. Like XRP price rallies in 2017, ETFSwap (ETFS) will create millionaires.
For more information about the ETFS presale,
Crypto expert Egrag Crypto has again predicted that the XRP price could rally to as high as $27. The analyst has also revealed the exact timeline for when the altcoin could record this massive price surge.
Expert Reveals Time For XRP Price To Hit $27
In an X post, Egrag Crypto asserted that the XRP price can hit $27 in 60 days. The expert remarked that historical patterns indicate that the altcoin can reach this target within this timeframe.
Based on this price prediction, XRP could reach this $27 target by June, marking a 1,250% gain for Ripple’s native crypto. The expert’s accompanying chart showed that he was alluding to the 2017 bull run as to why the altcoin could record such a parabolic rally.
In 2017, XRP recorded a historic gain of over 60,000% as it rallied to its current all-time high (ATH) of $3.8 the following year. As such, based on history, a 1,250% increase is nothing for the altcoin.
In the meantime, the XRP price still boasts a bearish outlook thanks to the sentiment in the broader crypto market. As CoinGape reported, Ripple’s coin could drop to the next major support levels at $1.79 and $1.56 if it fails to hold above $2.03.
Decision Time For The Altcoin
In an X post, crypto analyst CasiTrades stated that it is decision time for the XRP price. She noted that the altcoin is showing strength with a bounce right back to the first key test at $2.17. She added that this is the resistance level she wants to see flip into support, as it might be the “most important price of the week.”
The analyst stated that XRP must reclaim this level to build momentum. She added that the $2 level remains a valid target if the $2.17 level rejects. Meanwhile, CasiTrades revealed that $2.70, $3.05, and $3.80 are the major resistance zones once the upward trend is confirmed.
The analyst also mentioned that the XRP price is now fully inside the Fibonacci Time Zone 3, which spans most of April. She affirmed that this is the breakout window market participants have been preparing for and that all signs point to a macro wave.
CasiTrades affirmed that the structure is clean. The RSI divergence has confirmed the bottom, while the subwaves are aligning well with the larger targets. If the next leg pushes XRP back above $2.17 with momentum, she claimed that market participants may finally see obvious signs of Wave 3. Interestingly, the analyst added that if the altcoin clears $2.70 this week, it may break the $1,000 price extension.
For now, investors may remain cautious, especially seeing how XRP fell after the PMI and JOLTS data release earlier today. Donald Trump is also set to announce reciprocal tariffs tomorrow, which could spark a massive price crash.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
A recent Binance update has triggered massive liquidations while sending Solana memecoin ACT into a steep correction. At first, pundits blamed market maker Wintermute for the jarring declines but Binance’s update to leverage and margin tiers appears to be the culprit.
Several Altcoins on Binance Suffer Massive Corrections
According to an X post, several altcoins listed on Binance took a major hit, dropping by double-digit percentages. The hardest hit of the lot was Solana memecoin ACT, experiencing a sudden drop of over 50% in 30 minutes.
Other altcoins including DEXE and DF equally recorded steep declines of 23% and 16% respectively in the same window. The price slump left traders scratching their heads but a consensus formed that sizable sell orders were behind the declines.
“The sudden dips were triggered by large sell orders executed in a short time frame, leading to a significant surge in spot trading volume,” said one pundit.
Others turned to market maker Wintermute as the trigger for the selloff. However, Wintermute CEO Evgeny Gaevoy denied responsibility while noting that the market maker reacted “post move.”
The decline comes amid a broader market recovery with several cryptocurrencies including Compound (COMP) gaining 70%.
What Triggered The 50% Decline For Solana Meme Coin
A Binance update on leverage and margin tiers on specific tokens like ACT triggered the massive declines. According to an April 1 announcement, the top exchange has updated the margin tiers of several perpetual contracts, noting that existing positions will be affected.
Following the move, one ACT whale got liquidated for $3.79 million at $0.1877, triggering a broad selloff. Former FTX community manager Benson Sun noted that traders had less than 3 hours to respond to the change, criticizing Binance for the move.
“Before changing the rules, Binance should have evaluated how many positions would be closed,” said Sun. “If there are market makers with large positions, they should have notified them in advance.”
Within hours of MUBARAK’s listing, the memecoin tumbled by 40% with Binance CEO Changpeng Zhao downplaying the impact of a listing on prices. Binance has drawn criticism in recent days following its exclusion of Pi Network from its Vote To List initiative.
Aliyu Pokima
Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
A crypto market crash looks imminent, with Bitcoin, Ethereum, XRP, and Dogecoin witnessing notable declines. This price crash happened following the release of weak manufacturing PMI and JOLTS data, which provides a bearish outlook for the market.
Crypto Market Crash: BTC, ETH, XRP, & DOGE Decline
CoinMarketCap data shows that a crypto market crash could be on the horizon, with the Bitcoin price sharply dropping below $83,000 from a daily high of around $84,400. Altcoins such as Ethereum, XRP, and DOGE also witnessed sharp declines.
This market crash occurred following the release of weak ISM manufacturing PMI and JOLTS data. The March PMI data dropped to 49, below expectations of 49.5 and lower than the 50 recorded in February.
The US JOLTS job openings for February came in at 7.568 million, below the expected 7.690 million and lower than the 7.762 million recorded in January. These data add to several macro fundamentals that paint a bearish outlook for the market.
This crypto market crash could persist, with China, Japan, and South Korea agreeing to respond to Donald Trump’s proposed tariffs. Trump is set to announce a number of reciprocal tariffs tomorrow, which could significantly harm the market as it sets off a trade war between the US and other nations.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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