XRP may rise again as of 2017.
There is a lot of bullish activity in the crypto-verse right now, and anonymous tokens like Ripple (XRP) may be set to benefit from general market sentiment. Analysis and market metrics support an increase in XRP price. The extent of the price increase remains to be seen.
On the other hand, it is one of the top DeFi coins that are getting ready to launch soon. FXGuys ($FXG) is breaking crypto news headlines with a set of trader-first features; DeFi is giving way to ProFi before our eyes.
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XRP May Repeat 2017 Bull Run As Top DeFi Coins Shine
The best period on the XRP charts occurred between 2017 and 2018 when the price of XRP fluctuated more than one percent to more than $3 in several months. Javon Mark noticed some similarities in the system before that spike, and now Ripple can pick up the pieces again.
Relative Strength Index (RSI) movements suggest a seven-year pennant pattern on the XRP chain. The pattern is very similar to the 2017-18 run, fueling expectations of higher growth despite XRP's poor performances over the past three years.
Grey-scale is paving the way for institutional investment in Ripple. His digital large-cap fund tracks the price of Ripple's XRP, and plans to convert Gray-scale into an ETF.
Ripple's XRP is currently at $0.5468, up some 0.1% on a weekly basis; There is considerable doubt about his prospects, though. Some XRP traders may be ready to upgrade elsewhere.
And ‘elsewhere' is not too far.
PropFi on FXGuys: A different experience than regular trading platforms!
Most of the existing DeFi platforms have taken trading features to the next level, introducing new options for traders to participate and profit. But starting with enough capital is a big challenge for most traders, and until now, we only had crypto loans to solve that.
Enter FX Guys, a new trading platform that provides qualified traders with a profitable trading option that does not involve loans and collateral. On the FXGuys platform, it's your expertise that qualifies you for funding. And funding is as strong as it gets.
Entrepreneurs selected for the PropFi sector can receive up to $500,000 in funding for their start-up capital. We all know how much trading profit depends on equity—in the right hands, $500,000 can be a stepping stone to millions in trading profit.
Best part? You will earn $FXG tokens alongside all your trading activities. Whether you win or lose from the trade, the ecosystem rewards your activity and participation with some $FXG tokens through the Trade2Earn program, which increases your inventory on the network. And there are many ways to use them.
While FXGuys doesn't offer your typical API, one is the traditional stock picker. In the FX Guys ecosystem, staking offers users 20% profit unlike many other online trading platforms. All that is required is to hold your $FXG coins after launch and contribute to the economic well-being of the network.
The mixed reception on Ripple makes XRP unreliable
The XRP price prediction all looked good, but it met with a mixed reception across the board. While many would like to believe that some good will eventually come out of the Ripple project, others have been disillusioned with the recent spikes in XRP.
For some users, the prediction is just a delusion, and they even feel that Dogecoin will surpass the XRP token in the next bullish cycle. Others, such as FXGuys, state that Ripple's XRP is about to drop from the list of top crypto coins considering the potential of other top DeFi coins.
It's going to be a rough ride for XRP, especially with mixed sentiment. It's still a neat flash, but the token needs to do more to convince crypto users.
For now, FXGuys is in pre-sale; Collect for some $FXG coins.
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XRP is in consolidation mode, and even its owners are waiting for their profits from other sources. The FX Guys platform is giving you the boost you need with PropFi and tangible rewards. The tokens are your ticket to the FX Guys community, where you get even more privileges.
$FXG tokens are in presale stage 1 and are priced at $0.03 each. With the $0.10 token you can get 233% ROI at launch, although nothing compared to FXGuys potential.
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