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Cryptocurrency News Articles

Dogecoin (DOGE) Could Suffer Price Struggles This Cycle, Pulling A Repeat Of XRP In 2021 - Tony "The Bull" Severino

Oct 25, 2024 at 07:02 pm

Top crypto analyst, Tony “The Bull” Severino says that Dogecoin could struggle to break past its previous peak like XRP in 2021, while ETFSwap could pull a 2021

Dogecoin (DOGE) Could Suffer Price Struggles This Cycle, Pulling A Repeat Of XRP In 2021 - Tony "The Bull" Severino

Top crypto analyst, Tony “The Bull” Severino says that Dogecoin could struggle to break past its previous peak like XRP in 2021, while ETFSwap could pull a 2021 Shiba Inu. Here's why.

While Shiba Inu (SHIB) made a meteoric 1,000,000% surge to hit the all-time high price of $0.000086 in the 2021 bull run, Ripple XRP struggled to break past its 2018 peak of $3.84 in the same 2021 cycle as institutional Ripple XRP buyers could only push the XRP price to a $1.95 high.

Now, a top crypto analyst, Tony “The Bull” Severino has drawn a comparison between Ripple XRP’s 2021 price struggles and the current Dogecoin (DOGE) price performance. From his expert chart action analysis, he expects Dogecoin (DOGE) to imitate Ripple XRP’s 2021 price struggles in the current market cycle.

However, top DeFi ecosystem analysts have provided a way out for Dogecoin (DOGE) investors to make generational wealth this cycle. They have highlighted ETFSwap (ETFS) as the revolutionary ETF token that could replicate the Shiba Inu (SHIB) 2021 1,000,000% run. Hence, investment experts nudge Dogecoin (DOGE) and Ripple XRP investors alike to take advantage of the $0.03846 ETFS presale price now.

ETFSwap (ETFS) Could Pull A Shiba Inu This Cycle

It is no headless market prediction that DeFi ecosystem analysts have tipped ETFSwap (ETFS) to go on a meteoric 1,000,000% surge this crypto cycle. Defi ecosystem analysts have examined the ETFSwap (ETFS) ecosystem and have discovered an exceptionally high ceiling for its native ETFS token, expecting it to pull a Shiba Inu (SHIB) this cycle and save Dogecoin (DOGE) investors from incoming price struggles.

The ETFSwap (ETFS) cryptocurrency is now the DeFi favorite as it is advancing the premier ERC20 ETF tokens to be tradable on the blockchain. The ETFSwap (ETFS) ecosystem has made this possible by using the Ethereum blockchain technology to create tokenized ETF versions of high-liquid institutional assets like oil, gas, coal, gold, corn, and many more. These ETF offerings are to be powered by the ETFS token on custom commodity ETF portfolio positions.

The ETFSwap (ETFS) ecosystem is using financial derivatives and significant multipliers to amplify the returns of underlying indexes by up to 100x, which is why its trading platform is poised to be one of the most user-profit-oriented platforms in the DeFi trading space. With its custom low-cost swapping mechanism, ETFSwap (ETFS) users get to swap multiple ETF assets across multiple markets at the lowest costs possible. Also, they get to compound their profits with the perpetual futures and options available in long and short positions for up to 50x multipliers.

The ETFSwap (ETFS) ecosystem is very lucrative and it is only a matter of full DeFi launch before its native ETFS token matches and surpasses the Shiba Inu (SHIB) run of 2021. Major market makers like Grayscae and VanEck are already adopting the ongoing ETFSwap (ETFS) presale as it smashed $10 million in presale funds within the past week.

With the UI optimization and ecosystem testing completed, the ETFS token is now listed on CoinMarketCap in a move to prepare for launch. Now is the best time to join Dogecoin (DOGE) investors in adopting the ETFS presale while it is still at $0.03846 before the Shiba Inu (SHIB)-like surge begins.

Dogecoin (DOGE) Could Suffer Price Struggles This Cycle, Pulling A Repeat Of XRP In 2021

Tony “The Bull” Severino has highlighted notable chart signals that point to Dogecoin (DOGE) pulling a repeat of Ripple XRP’s 2021 price struggles. Even though Ripple XRP managed to hit $1.95 in 2021, Ripple XRP still struggled to match its previous 2018 peak of $3.84, unlike the Shiba Inu (SHIB) token, which hit a new all-time high. In that cycle, Ripple XRP faced stiff resistance at the $0.786 Fibonacci area from its 2020 low. Since then, Ripple XRP has been ranging disappointingly between the $0.7 and $0.5 price areas without any sustained upward momentum to catch its previous highs.

Tony “The Bull” Severino has now noticed such a bearish pattern in recent Dogecoin (

News source:www.mid-day.com

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