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Technical analysis by SoftQuant about Symbol XRP: Buy recommendation (10/25/2024)

https://sahmeto.com/message/3290945
SoftQuant
SoftQuant
Rank: 6879
1.5
Buy،Technical،SoftQuant

Weve had plenty of scepticism come out over inclusion of altcoins in the strategic reserves. News reports on it undermining the reserve. We have also had Trumps cost cutting and tariffs pushing bearish pressure on the market. While ADA+XRP+SOL are sitting on previous all time highs. Even more troublesome is the unwinding of USDT.This may pull away one of the largest liquidity providers to the crypto space. This can be extremely bearish. I am myself however still bullish. I see rising fundamentals and a lot of room for upside in L1s and applications token price.

Translated from: English
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Signal Type: Buy
Time Frame:
1 month
Price at Publish Time:
$0.53063
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