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Cryptocurrency News Articles

RLUSD Launch Boosts Ripple's XRP Market Momentum, $FXG Praised as the Best Crypto to Buy Now for 50x Gains

Dec 23, 2024 at 08:30 pm

Ripple (XRP) and TRON (TRX) are showing strong bullish momentum, with respective gains of 118% and 33% over the past month. According to some expert projections, XRP is poised to reach $2.80, while TRON targets $0.65.

RLUSD Launch Boosts Ripple's XRP Market Momentum, $FXG Praised as the Best Crypto to Buy Now for 50x Gains

Amidst the cryptocurrency market's recent bullish surge, two digital assets, Ripple's XRP and TRON's TRX, have recorded impressive price movements.

According to CoinMarketCap data on December 18, XRP has witnessed a remarkable 118% gain over the past month. The native token of Ripple Labs, XRP, was trading at around $2.52 at the time of writing.

Meanwhile, technical analysts at TradingView noted that XRP is consolidating below resistance at $2.72. However, a bullish trend line is forming near $2.53. If XRP manages to break above this trend line, analysts anticipate a further rally toward $2.92. The RSI above 50 also supports this upward move.

On the other hand, TRON's TRX has also shown positive price momentum. With a 33% gain over the past month, TRX was trading at around $0.27 on December 18.

Technical analysis by analysts at TradingView indicates that the TRX coin is poised to break above its next major resistance at $0.32. As a result, analysts are eyeing ambitious targets of $0.65 and $1.25 for TRX.

In other news, crypto experts are recommending a new DeFi coin for its potential to return over 50x profits. Compared to XRP and TRX, they believe this coin to be the best crypto to buy now for higher gains.

Enter FXGuys, a trading platform that combines the best aspects of both TradFi and DeFi platforms. It has addressed key challenges faced by traders today, offering quick payouts, a KYC-free trading platform, trading rewards, and more.

FX Guys also equips traders with advanced tools like AI-powered analytics, dynamic charts, and copy trading features. Users can use these tools to refine their strategies and maximize their profitability.

Furthermore, the platform's staking program allows investors to earn generous rewards by staking FXG tokens. FXGuys shares the platform-generated fees and trading volume profit of up to 20% with stakers.

Additionally, its Trader Funding Program offers traders accounts funded with up to $500,000. By passing trading challenges, skilled traders gain access to this capital and keep 80% of their profits. Retail traders can also grow their portfolios exponentially by scaling their strategies.

Lastly, traders can withdraw their funds via bank transfers, cryptos, or PayPal in over 100 local currencies. FXGuys processes payouts and deposits within a day on its trading platform.

News source:finbold.com

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Other articles published on Dec 24, 2024