An analyst, who was carefully called the coding market in 2022, believes that one of the large digital assets will be the fastest horse if the conditions become optimistic again.
In a new strategic session, known as an analyst known as Donalt Recount 66,000 subscribers to YouTube Technical channel, which is believed to be XRP, has more upscale capabilities and can outperform other encryption assets including ETHEREUM (ETH).
“I am a great XRP believer in the sense that I think the price of XRP will rise, in general.
I think it’s best. I have said this since then [it was priced at] $ 0.60. I think it’s the best currency to capture the power of Altcoin this entire market cycle. “
XRP is trading at $ 2.30 at the time of this report, an increase of about 342 % of the price of November 1, 2024, about $ 0.52.
However, the pseudonym says that although XRP has more bullish capabilities than Ethereum, the latter will be a better balance for encryption during stagnation.
“If the market decreases, you will be happier your ETH from XRP. But if the market rises, it will greatly outperform the XRP.”
ETHEREUM is traded at a price of $ 1900 at the time of writing, a 31 % decrease from the price of November 1, 2024 of about $ 2,500.
Next is Bitcoin (BTC). According to the pseudonym, after its decrease to about 76,600 dollars earlier this week is “good”, but additional negative corrections can indicate a declining mile.
“We wore a little before support [at slightly below $72,000]I find it well. I really don’t want to see us to trade less than $ 80,000 for a long time. I generally think that if we re -test 70,000 dollars, this is an enormous sign of weakness. It will be difficult to return from it. “
Bitcoin is traded at $ 84,319 at the time of writing this report.
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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