Why Ripple XRP And Viral New Altcoin Are About To Enter Parabolic New Growth Stage

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Nov 22 2024

TRUMP+1.209%

XRP-1.526%

Should l Buy TRUMP?

Ripple's Surge and New Developments: Ripple (XRP) has experienced significant growth, with a 109% increase in value following Donald Trump's presidential win, which promises to enhance the U.S. crypto landscape. Additionally, Ripple Labs has launched a stablecoin, RLUSD, and is exploring a Dirham-backed stablecoin, contributing to increased trading volume and community enthusiasm.
Cutoshi's Rise in the Meme Coin Space: Cutoshi, a new meme coin project inspired by Japanese folklore, is gaining traction with its innovative reward system and cross-chain exchange, CUTO DEX. The ongoing presale has raised nearly $1 million, attracting investors with its low entry price and potential for substantial future gains.

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Technical Analysis for TRUMP

Technical Sentiment Analysis for OFFICIAL TRUMP (TRUMP) As of , OFFICIAL TRUMP (TRUMP) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 5 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TRUMP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, TRUMP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

OFFICIAL TRUMP (TRUMP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1.652	2.336	2.928	3.612	4.204	4.888	5.48
Fibonacci	2.336	2.823	3.125	3.612	4.099	4.401	4.888

About TRUMP

$TRUMP are now freely tradeable on the blockchain. On July 13, 2024, President Trump faced death and came up fighting! With his fist in the air and the iconic battle cry FIGHT FIGHT FIGHT, President Trump showed the world what a LEADER is made of. His strength and courage ignited a movement becoming the most memorable meme of the century.Now, you can get your piece of history. This Trump Meme celebrates a leader who doesn’t back down, no matter the odds. Join the Trump Community - we’re all about fighting for what matters.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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