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Cryptocurrency News Articles
XRP Price Eyes $4, But TD Sequential Hints at a Potential Slowdown Ahead
Feb 02, 2025 at 09:00 am
Market technician and Bitcoin Trader ‘TonythebullBTC’ has analyzed the XRP price action on a three-month candlestick. His chart shows that the asset is currently on a perfected TD8 count, which is often a precursor to a TD9 setup next quarter.
The XRP price has been surging lately, sparking excitement among crypto traders. However, a deeper analysis of the quarterly candlesticks reveals a crucial technical pattern that could determine XRP’s next major move.
Currently, the XRP price is facing resistance at $3, but it could be preparing for a potential move toward $4, a level it hasn’t reached since its 2018 all-time high. The strong bullish momentum, backed by improving market sentiment and increased investor interest, might allow the XRP price to test this level before any significant correction.
However, traders should be cautious of potential profit-taking near the TD9 count, as trends suggest that TD9s often mark exhaustion points in an uptrend. If a correction occurs, support levels around $2.50 and $1.80 could come into play.
While the XRP price is grabbing headlines, a new Ethereum-powered AI token called WallitIQ (WLTQ) is rapidly gaining attention and emerging as a top pick among crypto analysts.
Currently priced at $0.042 in its ongoing presale, the token is set to jump to $0.062 in the next stage, offering early investors a significant upside. By combining cutting-edge technology with real-world utility, WallitIQ (WLTQ) presents a unique opportunity for those looking to capitalize on its projected growth.
As an AI-powered crypto wallet, WallitIQ (WLTG) simplifies digital asset management for modern crypto users. It provides access to over 1,000 cryptocurrencies while leveraging predictive analytics and real-time market insights. These AI-driven tools set it apart in the DeFi space, equipping traders with valuable data for strategic decision-making.
WallitIQ (WLTG) also provides access to Escrow Connect, an AI-backed shield that protects users from phishing and fraud. There’s also AES and ECC encryption to help secure users’ seed phrases and biometric authentication to prevent unauthorized access to wallets.
Other top features available on WallitIQ (WLTG) include automated transactions, customizable alerts, and low trading fees. This AI platform has also passed a SolidProof smart contract audit, reinforcing its credibility and transparency.
With the MVP version of its app already live, WallitIQ (WLTG) proves its value by empowering crypto gaffers with tools like simulated crypto transfers, real-time price tracking via CoinGecko API, sentiment analysis, and more. This crypto wallet’s beta platform is also getting ready to launch, providing users access to the demo version of all advanced features and capabilities.
For investors seeking a high-potential alternative to XRP, WallitIQ (WLTG) offers a compelling mix of utility, security, and growth potential. This token has been listed on CoinMarketCap, exposing it to global markets and audiences. Its presale has also achieved over $7 million in investments, underscoring its interest among early investors who believe in its potential.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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