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币圈有道
Apr 25, 2023
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Bulls and Bears of XRP Battle Over $2: What to Expect The crypto market watches XRP struggle above $2, a battlefield between bullish and bearish conviction. After falling from recent highs, the digital asset faces a crucial test. Crypto markets are in a tug-of-war, where sentiment changes quickly and crucial price levels determine the next move. $1.97 is a line in the sand for XRP. If this holds, upward momentum may resume, but a collapse may empower bears. Grumlin Mystery, a prominent crypto analyst, predicts XRP will fall to $1.96. In his March 30th X article, he noted that US tariffs and Trump's policy moves are reducing crypto market liquidity, undermining XRP's price stability. Grumlin said that restrictive trade restrictions and economic uncertainties have slowed money flow into riskier assets like cryptocurrency. With less liquidity, bears may force prices down since market participants have less purchasing power. He cautioned that XRP may struggle to find support if current economic circumstances remain and a plunge below $1.96 might cause additional falls. Due to liquidity shortages, sellers have pushed prices down. XRP's ability to maintain $1.96 support is dubious, and until market circumstances improve, a larger fall may occur. Grumlin Mystery added that a dramatic shift in Trump's tariff rhetoric is unexpected, making it hard to assess its entire effect on financial markets, including cryptocurrency. Many anticipated Trump's attitude would boost the crypto market, but the truth is more complicated. If buyers hold $1.96, XRP may rise again. A rebound from this support zone might go to $2.64, the next obstacle. A break over this level might go to $2.92 or $3.4, indicating a positive comeback. Rising trade volume and market mood would indicate this situation. Sellers' control loss and XRP's inability to hold above $1.96 may intensify the drop. Next, watch $1.70 and $1.34 for key support. Below these levels, the asset might lose further to $0.93 or below. #xrp #TrumpTariffs #VoteToListOnBinance #WhaleMovements #BSCTradingTips $XRP $BTC $ETH
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Focus on Fundamentals, Long-Term Bets, Invest in Founders with a Mission: CZ Shares Investment Advice Changpeng Zhao, often known as CZ, the creator of Binance recently offered insightful analysis on the Reachme platform. CZ and His Investment Approach Zhao visited X to go over his simple investment philosophy, stressing the need of following "fundamentals" and concentrating on execution over imagination. Under the heading "Proposal for a Revolutionary Asset Tokenization Model," these revelations answered one of the messages he got. Known for his realistic commercial techniques, Zhao said, "I stay away from fancy models." I never purchase ideas as well. Ideas are nothing. One must execute. He disclosed three fundamental investing ideas that have helped him to succeed: Focus on Fundamentals: Zhao counsels against allowing fancy concepts or complex company strategies to divert one. Rather, he advises giving basic principles top priority—such as product quality, user development, income, profit, and team strength—when assessing expenditures. Long-term, or buy early and hold, investments usually provide the most significant returns, claims Zhao. Though they are unavoidable, certain mistakes are part of the road. The secret is to hang on for the long run as businesses like Google and Amazon only realize their best with time. Moreover, CZ thinks that temporary losses—such as the Terra crash—should not deter investors from seeing long-term. Invest in mission-oriented founders: @CZ emphasizes the need of helping teams with goals beyond just profit. CZ also pointed out that enterprises run by mission-driven people are more likely to be long-lasting, influential ones. Founders driven only by financial gain, on the other hand, could lose sight after they reach some success. These ideas, Zhao said, are taken from his forthcoming book, which offers a thorough portrait of his investing philosophy. #CZ #VoteToListOnBinance #BSCMemeCoins #BSCTradingTips #WhaleMovements $BNB $BTC $XRP
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Will Pi Network Survive Unlock? Token Nears Lowest Ever Due to Supply Flood Pi Network has fallen 15% in 24 hours to $0.5645 after Donald Trump's tariff statement yesterday shook the crypto market. PI is down 33% in a week, 67% in a month, and 81% after reaching an ATH of $2.99 on February 26. Worse, Pi Network releases fresh PI tokens often, including 123 million in April. These unlocks might lower the coin's price further in the coming months if big exchanges like Binance refuse to offer it. Will Pi Network Survive Unlock? Token Nears Lowest Ever Due to Supply Flood Pi Network has began hitting new all-time low records, indicating it has plummeted below its exchange listing price, which is concerning. The token's lack of momentum, fresh listings, and a hostile macro environment may be causing a terminal fall. Overselling is seen when PI's 30-period average (orange) falls. Overselling usually corrects itself, but PI's recovery is uncertain. Unfortunately, a dearth of demand is combined with the monthly unlocking of hundreds of millions in PI, as seen in the figure below. The discharge of 233 million PI in July will worsen summer unlocks. Unlocks will further lower PI's price due to poor demand. As we've said, Binance's delay in listing the coin is hurting it. Given these variables and the possibility of a trade war, PI will fall more in the coming weeks. By May, it will decrease to $0.40 and maybe $0.30 by July. #pi #PiCoreTeam #TrumpTariffs #VoteToListOnBinance #WhaleMovements $SOL $BTC $ETH
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$W Trade Plan 📈 ✅ Entry Zone: Buy within $0.0845 – $0.0920 for a low-risk setup. ⛔ Stop Loss: Set at $0.0750 to limit downside risk. 🎯 Profit Targets: Target 1: $0.0985📍 (Move stop to breakeven) Target 2: $0.1070🎯 Target 3: $0.1200🚀 📊 Risk/Reward Ratio: Aim for 3:1 ⚖️ to maximize gains. 🔄 Strategy: Adjust stop-loss to breakeven after hitting the first target. Trade wisely! 🚀💰
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