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XRP Price Prediction: Ripple Expects More Hurdles from the SEC, Traders Hedge with this $0.03 Altcoin for 3,000% Profits

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The SEC filed a notice of appeal on October 2, challenging Judge Analisa Torres’s ruling that XRP is not a security. This appeal saw the XRP price tumble sharply, forcing Ripple traders to migrate to alternative investments. 

Amazingly, RCO Finance (RCOF), an upcoming Ethereum altcoin, has become the center of attraction after securing over $2.79 million in funding during its ongoing presale. 

Will the XRP price continue slumping, and will RCO Finance (RCOF) persist with its bullish trend? Let’s find out!

XRP Plunges 13% As Ripple’s Battle With SEC Takes New Turn 

The XRP price has performed dismally over the past week. On September 30, the XRP price was trading around $0.6223. Following a brief spike, the altcoin dived sharply on October 1 after reflecting the bearish trend in the Bitcoin (BTC) price, which saw the leading crypto revisit the $60,000 level. 

This downturn intensified after the SEC filed a notice of appeal on October 2 in its ongoing legal battle with Ripple. Specifically, the SEC challenged Judge Analisa Torres’ August 2023 ruling that XRP is not a security when sold to retail investors on exchanges. This news saw the XRP price trade as low as $0.5101 on October 3. 

By October 7, the XRP price had stabilized at around $0.5390. This price means the XRP price has shed 13% in a week. Moreover, the 24-hour Ripple trading volume has surged 76%, indicating investors are flocking to the market to dump XRP. Combined with the challenges from the SEC, this selling force might trigger more losses. 

RCOF: A Superb Presale Opportunity

As the SEC presents Ripple Labs with new challenges, XRP investors seek alternative investments to hedge against losses. Amazingly, RCOF has grabbed investor attention because of its utility as a base currency and governance token within the RCO Finance platform.

Also, RCOF has emerged as a top pick among Ripple investors because it is a safe investment. SolidProof, a top-tier blockchain security firm, verified that RCOF is safe to invest in by auditing the altcoin’s smart contract. 

This step helped boost investor confidence in this altcoin, explaining why it has secured $2.79 million in funding. 

As of October 7, RCOF was offering investors an opportunity to join its presale at $0.0344 during Stage 2. Investors who purchase RCOF at $0.0344 will enjoy tremendous returns when the altcoin attains its launch price of $0.4-$0.6. 

Also, experts expect RCOF to surge 3,000% by Q4 2024, outshining XRP’s 1,580% climb in Q4 2017. 

This forecast explains why Ripple investors are embracing this budding altcoin as the XRP price continues tumbling. 

RCO Finance Intrigues Investors With RWA Tokenization Abilities

Ripple investors are actively looking for to-of-the-line platforms to diversify their portfolios as the XRP price continues showcasing a weak outlook. 

This explains why RCO Finance, an up-and-coming DeFi platform that aims to simplify investing by democratizing access to professional investment management tools, has quickly gained popularity. 

RCO Finance has also caught investors’ attention with its AI-powered robo advisor. Investors are fascinated by the robo advisor because it uses machine learning and algorithms to offer custom investment recommendations based on personal risk profiles and financial goals. 

Investors can implement these recommendations into their investment plans to scale their profits while minimizing risk exposure. Amazingly, the robo advisor can trade automatically on behalf of investors. This automation enables the robo advisor to adjust investors’ portfolios in real-time, shielding against altcoin market crashes. 

Taking things a step further, the robo advisor provides investors with free tax and financial legal advice, helping them stay compliant as the robo advisor diversifies their portfolios with the over 120,000 crypto and TradFi assets RCO Finance supports. 

Besides its robo advisor, RCO Finance has attracted investors because of its revolutionary real-world (RWA) tokenization capabilities. RWA tokenization allows RCO Finance users to bolster their portfolios with illiquid assets like real estate, commodities, and art.

RCO Finance has also gained ground quickly because its non-KYC onboarding process significantly lowers the entry barriers. This approach also allows investors who prefer withholding personal details to maintain anonymity. 

These benefits explain why you should join Ripple investors in embracing RCO Finance to improve your chances of making lucrative trades. 

For more information about the RCO Finance Presale:

Visit RCO Finance Presale

Join The RCO Finance Community

 



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Dogecoin Price Chart Patterns Shows Similarities To Bitcoin In 2016, Why This Is Good

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Veteran trader Peter Brandt has brought fresh attention to DOGE by identifying striking similarities between the current Dogecoin price action and the Bitcoin price movements from 2015-2016. Brandt highlighted these patterns in a recent post on social media platform X, suggesting that Dogecoin could be following in Bitcoin’s early footsteps.

Peter Brandt’s Observations On Dogecoin Price Chart Patterns

Recent interest in Dogecoin in the past 30 days has brought its price action to the forefront of the trading analysts. The majority of these analysts have highlighted many technical indicators and trading patterns that point to a continued Dogecoin price surge in the coming months. However, veteran trader Peter Brandt has offered a unique perspective that sets his analysis apart. Rather than focusing solely on indicators, Brandt compares Dogecoin’s price action to the early days of Bitcoin, particularly to Bitcoin’s cycle from 2015 to 2016, when the leading cryptocurrency was still priced below $1,000.

In his post, Brandt pointed to specific price behaviors on Dogecoin’s chart that echo Bitcoin’s structure from several years ago. According to Brandt, Dogecoin’s price has undergone phases of price bottoms and corrections that resemble Bitcoin’s patterns before its first major rally in 2017. “Does anybody see the similarities of $DOGE to the $BTC chart in 2015-2016?” Brandt said. 

According to him, the Dogecoin price action in the past year has been characterized by a blow off top, a correction via a falling wedge, a double bottom, and a complex correction following completion of the double bottom, all of which were present on the Bitcoin price chart in 2016. Notably, Brandt highlighted that Dogecoin is currently in the same position as Bitcoin was in May 2016.

Dogecoin price Bitcoin
Source: X

Why Is This Good For Bitcoin?

If anything, the way Bitcoin turned out is a good indicator of what’s in play for Dogecoin’s future.  Each of the patterns highlighted by Peter Brandt was instrumental in marking Bitcoin’s bottom and its subsequent climb toward new heights in 2017. If the Dogecoin price continues to mirror Bitcoin, we could see the meme coin going on a strong surge in 2025, much like the Bitcoin price rally in 2017. 

At the time of writing, Dogecoin is trading at $0.38, and its value has essentially doubled in the past seven days. According to the on-chain analytics platform Santiment, this Dogecoin price rally has been largely driven by retail traders. Notably, addresses holding less than 100,000 DOGE tokens have increased by 74,885 in the past four weeks, while sharks and whale addresses have reduced by 350 addresses in the same timeframe.

Although Dogecoin has corrected since it reached $0.4346 in the past 24 hours, the meme coin is starting to trend on social media again. This is due to the US president-elect Donald Trump appointing Dogefather Elon Musk and billionaire Vivek Ramaswamy to lead the newly created Department of Government Efficiency (DOGE).

Dogecoin price chart from Tradingview.com
DOGE price dumps after yearly high | Source: DOGEUSDT on Tradingview.com

Featured image created with Dall.E, chart from Tradingview.com



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Expert Says Dogecoin Price Is Long Overdue For Rally To $1.5, ETFS To Reach $5, And XRP To Touch $10

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A top market expert believes the Dogecoin price is long overdue for a rally to $1.5. Amid the brewing bullish momentum in the crypto market, investors also target XRP price for a run towards $10 and the new presale token ETFSwap (ETFS) to reach $5. The bullish expert predictions for these cryptocurrencies present an opportunity for profit, but investors are focusing on ETFSwap (ETFS) for its higher profit margin and low-risk presale entry.

ETFSwap (ETFS) Could Rise To $5 To Lead Other Market Prospects

The $5 projection for ETFSwap (ETFS) beat the Dogecoin and XRP price predictions, and investors are looking to capitalize on its prospect for the best market gains in the coming bull run. ETFSwap (ETFS) is a new Ethereum-based project that aims to provide a decentralized platform for trading and investing in tokenized ETFs.

The tokenized ETFs on the emerging DeFi platform will be backed by actual ETF securities bought from traditional markets. This enables the tokenized ETFs to maintain their real-world value while offering broader on-chain use cases. The new platform also aims to list ETF assets from various industries, including energy, engineering, healthcare, and more.

These diverse options allow for smoother portfolio diversification and asset conversion compared to centralized platforms. Users will be able to swap tokenized ETFs and cryptocurrencies, crossing between both markets with ease to take advantage of opportunities as they come. Also, the new ETF platform will allow users to collateralize their ETFs for liquidity, which can be used for other market opportunities.

Additionally, ETFSwap (ETFS) will offer impressive features, including faster ETF settlements, passive income from staking, 24/7 market coverage, zero-KYC trading, lower transaction costs, and more. ETFSwap (ETFS) eliminates the limitations around trading hours, conversions, KYC requirements, and many more that exist on centralized platforms.

ETFSwap (ETFS) is set for a beta launch following its launch on Testnet, and early investors are excited to try out its amazing features. Also, the ETFSwap (ETFS) has passed the KYC audit by SolidProof, verifying the legitimacy of the project. With these crucial processes done, investors look for the best market gains possible.

Dogecoin Price Predicted To Reach $1.5 Amid Broader Bullish Market

The Dogecoin price has seen positive movement over the past month as the meme coin now attempts to break resistance above $0.2. Expert predictions target a Dogecoin price surge to $1.5, which presents about an 8x opportunity from its current price. The Dogecoin price is attempting to surpass its $0.2288 yearly high following a Donald Trump victory in the US election.

Expert insights suggest that a Trump win is viewed positively by the crypto landscape, and investors are particularly hyped for a Dogecoin price run after Elon Musk’s proposal of a Department of Government Efficiency (DOGE).

The Dogecoin price as of this writing is $0.1941, gaining over 80% in the past month. Expert analysis suggests that the Dogecoin price could be set for a $1.5 all-time high ahead amid bullish market conditions.

XRP Price Predicted To Rise To $10 Following Trump Victory

Crypto enthusiasts express excitement over a possible XRP price rally following a Trump win. Donald Trump had previously stated during his campaign that he would fire SEC chair Gary Gensler on his first day in office. While this may not mean the end of the Ripple case, expert insights suggest that the XRP price may react positively to this news.

XRP price as of this writing is $0.5504, already teasing a bullish breakout as Trump took the early lead in the US elections. The XRP price has broken out of a month-long consolidation since the SEC filed appeal documents against the final court ruling in the Ripple – SEC case. Expert analysis suggests XRP could launch a rally towards $10 in the long run amid positive expectations from the new US administration.

Conclusion

A potential rally to $5 for ETFSwap (ETFS) presents an opportunity for about 100x profits from its current presale price of $0.05769. The new presale coin is set to outperform the expert Dogecoin or XRP price predictions, especially amid the brewing narratives around ETFs and real-world assets.

Having concluded its presale rounds, ETFSwap (ETFS) opened a bonus presale round at $0.05769 per token, offering a final opportunity to investors who missed their chance. Don’t miss out on this cheap opportunity for life-changing profits.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community



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HIPPO Price Rockets 65% As Binance Lists Sudeng, Rally To Sustain?

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Sudeng (HIPPO) and X Empire prices witnessed phenomenal gains on Wednesday, nabbing the attention of crypto market enthusiasts globally. As the crypto exchange giant Binance unveiled futures listing for the mentioned cryptos, a bullish market bubble appears to have swallowed the tokens. Meanwhile, traders also appear to have reacted positively to the listing announcement, given the one of the coin’s intraday trading volume soared 102% at the time of reporting.

Binance Unveils HIPPO & X Perpetual Contract Sparking Optimism

According to an official Binance announcement dated November 13, the crypto exchange is listing HIPPO USD-Margined perpetual contract today at 12:30 UTC. Per the listing announcement, users on the platform can enjoy up to 75x leverage trading the asset. Meanwhile, the exchange also revealed that it will support Multi-Assets mode for the asset.

Further, the announcement also revealed that the exchange is adding X Empire (X) futures contract (1000XUSDT) in an effort to enhance trade offerings for users. The platform’s colossal user base remains poised to enjoy 75x leverage trading the asset, starting on the same date and time. Overall, the listings by one of the top crypto exchanges has sparked significant investor intrigue amid a bullish crypto market as it paves the way for further trader interaction with the assets. In turn, market watchers are eyeing a bullish impact on prices as more money flows into the tokens’ ecosystem.

How Are The Listed Coins Performing?

At press time, HIPPO price witnessed a 66% uptick in value and is now trading at $0.02119. The coin’s intraday low and high were $0.01075 and $0.02453, respectively. Notably, the token’s intraday trading volume also witnessed a 102% surge to $106.68 million at the time of reporting.

Simultaneously, X price gained 1% in light of the futures listing to trade at $0.0003148. The coin’s 24-hour low and high were $0.000211 and $0.0003618, respectively. Intriguingly, the listed tokens’ rising actions have sparked market intrigue over future performances, as Binance’s previous listings had a bullish impact.

Notably, PNUT and ACT prices witnessed phenomenal gains as the same exchange unveiled spot listings for the tokens. The exchange listed the token in ACT/USDT and PNUT/USDT trading pairs. Overall, this past chronicle brings significant attention to the aforementioned listings. Crypto market participants continue to monitor the tokens for further price action shifts.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

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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