The Ripple community is bullish on XRP’s long-term outlook. The reason is the formation of a potential chart pattern, which has occurred before and could repeat in the coming weeks. This could boost XRP’s price by 400%.
The DeepSnitch AI community is also bullish after the presale went on fire, raising $450,000 in record time. But it’s not just hype, as it is an artificial intelligence project that could revolutionize the crypto market with tech that will help traders make better decisions.
A project like this, that brings so much utility to the day-to-day market, can easily 100x. Here’s why!
“Dino Coins” revived
A curious fact that has caught the attention of the crypto market in recent weeks is the return of “Dino Coins.” This is a term used to refer to the first cryptocurrencies, created almost 10 years ago, and which participated in the 2017 bull run. At this time, coins like DASH rose 10,000% and NEO over 50,000%.
After this explosive rise, these first cryptocurrencies entered a bear market and never pumped again. Because of this, many investors thought these coins were dead. But then in October, they surprised everyone, pumping again. ZEC rose 410% while DASH rose 102%.
One of the reasons that may have “resurrected” these coins was the discussion about the future of internet privacy. With governments talking about regulations that could destroy privacy, coins designed to offer private transactions have gained appeal.
Another point to consider is that, because they are old coins, they formed a descending wedge on the chart, a pattern typically followed by long periods of accumulation, until they finally break out in a strong upward movement.
In short, it wasn’t exactly the “dino coins” that woke up, but rather the old privacy coins that are trending, and with that, breaking out of their accumulation period.
DeepSnitch AI: A project that will empower traders for success
DeepSnitch AI is an innovative platform designed to democratize access to advanced market analysis. Using blockchain-integrated artificial intelligence, it can take complex on-chain data and transform it into simple insights that all users can understand.
The crypto market is a hostile environment, where a lack of skill or knowledge can often cost significant amounts of money and portfolio losses. That’s why DeepSnitch AI’s tools will be so important. They will empower traders and investors with real-time data, helping them make decisions with greater confidence and success.
The good news is that the DeepSnitch AI presale has already started and is still early. The token is currently at $0.01953, which means you’re buying early into an artificial intelligence project that could revolutionize how traders operate in the crypto market. This could easily be the next crypto to 100x.
XRP price prediction: Could we see a new ATH?
XRP’s long-term outlook is bullish. On October 21st, the price fell below $2,45, but the chart showed there was enough buying strength to hold the support. Although the price attempts to recover, it should encounter resistance between $2.57 (20-day EMA) and $2.82. If it fails to break above and declines again, we could see prices return to $1.90.
But the XRP future value outlook is bullish if it manages to close above $2.82, as this would indicate that bulls could push prices to a new ATH, with targets starting at $3.20 and then $3.38.
This comparison has sparked optimism in the community because it shows that before BNB’s explosive run that led to a new ATH, it made a move similar to XRP’s current one. If everything repeats itself for Ripple, we could see it explode to $13, representing a nearly 400% rally.
ZCash: Healthy correction and new accumulation period
ZEC surged 410% in October, with the token price reaching $265 on October 21st. After an explosive rally, it is now undergoing a healthy period of correction and new accumulation. If bulls maintain their buying strength, holding the price at resistance, ZCash could soon begin a new upward leg, aiming for $480.
This could represent a new high of nearly 100%. However, after explosive rallies, coins often require a long period of accumulation. The healthiest scenario would be for ZEC to accumulate in the $200-$250 range for a few more weeks.
Conclusion
XRP’s future value outlook looks very promising for several reasons. While XRP institutional adoption continues to grow, and a potential ETF approval becomes increasingly likely, bullish chart patterns are encouraging holders, who expect an explosive 400% rally.
However, institutional adoption can be bureaucratic and slow, and the chart pattern may not materialize. Therefore, DeepSnitch AI appears to be a more interesting investment option.
The artificial intelligence market is the most promising and expected to grow the most in the coming months.
This is a real opportunity to buy into project with a real use case and with potential to make 100x.
Visit the official website for more information.
FAQs
1. Why could XRP rise 400% in the coming months?
Chart analysis shows a pattern similar to that which occurred before BNB’s all-time high. If the movement repeats, XRP could break resistance and reach as high as $13. In this way, the XRP future value outlook is very bullish.
2. What makes DeepSnitch AI a unique investment opportunity?
DeepSnitch AI combines artificial intelligence with crypto technology to help traders make smarter decisions. With the presale hype and a booming sector, the potential for appreciation is estimated at up to 100x.
3. What are “Dino Coins” and why have they surged again?
“Dino Coins” are older cryptocurrencies like ZEC and DASH that have surged again amid the debate over online privacy. They broke long-term technical patterns after years of accumulation and now start to rise again.
Disclaimer:
This press release is for informational purposes only and does not constitute financial advice, investment advice, or a recommendation to buy, sell, or hold any cryptocurrency or digital asset. Cryptocurrency investments carry a high degree of risk, including the potential loss of the entire invested capital. Past performance is not indicative of future results, and price predictions or projections mentioned in this release are speculative in nature. Readers should conduct their own research and consult with a licensed financial advisor before making any investment decisions.