Ripple’s XRP Just Avoided A Major Disaster, While Dogecoin and Shiba Inu Still Remain Stagnant
Sep
14,
2024
19:57 UTC
|
Updated:
Sep
14,
2024
at
19:57 UTC
Ripple
(XRP)
has
successfully
averted
a
potential
sell-off
after
rebounding
from
a
key
support
level.
On
the
other
hand,
Dogecoin
(DOGE)
is
gradually
recovering
at
$0.10,
while
Shiba
Inu
(SHIB)
struggles
with
low
momentum
and
liquidity.
As
investors
anticipate
larger
market
movements
for
Ripple
(XRP),
Dogecoin,
and
Shiba
Inu,
many
are
turning
to
ETFSwap
(ETFS)
as
a
strategic
investment
option.
Ripple
(XRP)
Struggles
To
Maintain
Safe
Zone
Alongside
Dogecoin
(DOGE)
and
Shiba
Inu
(SHIB)
Earlier
this
week,
Ripple
(XRP)
dipped
below
the
crucial
$0.50
level,
raising
investors’
concerns
as
some
worried
about
a
potential
sell-off.
To
the
surprise
of
many,
Ripple
(XRP)
picked
up
pace,
holding
a
solid
position
above
its
critical
support.
According
to
a
top
analyst,
this
recent
price
increase
has
allowed
Ripple
(XRP)
break
out
of
a
Falling
Wedge
pattern,
effectively
terminating
a
major
Ripple
(XRP)
sell-off.
Reports
from
CoinGecko
reveal
that
the
price
of
Ripple
(XRP)
is
currently
sitting
at
$0.536.
Meanwhile,
the
price
of
Dogecoin
(DOGE)
is
following
suit
as
it
recovers
from
a
week-long
bearish
slump
below
$0.10.
Now
trading
confidently
above
$0.10
with
a
2%
gain,
Dogecoin
(DOGE)
aims
to
remove
the
second
zero
in
its
decimal
value.
Supported
by
rising
media
interest
and
increased
retail
trading
activity,
Dogecoin
may
potentially
break
resistance
levels,
as
it
tests
new
support
levels
near
$0.0859.
In
contrast,
Shiba
Inu
(SHIB),
the
second
largest
meme
coin,
is
still
stagnating,
showing
little
price
movement
and
trading
at
approximately
$0.00001317.
The
price
of
Shiba
Inu
(SHIB)
has
been
below
key
moving
averages,
showing
a
significant
lack
of
momentum,
unlike
Dogecoin.
While
Shiba
Inu
holds
a
reputation
for
leading
meme
coin
gains
this
year,
alongside
Pepe
(PEPE)
and
Dogecoin,
some
Shiba
Inu
investors
worry
about
its
potential
this
Q4.
Currently,
Shiba
Inu
is
testing
key
support
levels
around
$0.0000111,
with
its
weekly
chart
showing
a
potential
price
reversal.
ETFSwap
(ETFS)
Is
Leading
Investors
Into
A
New
Investment
Scheme
With
ETFs
The
ETFSwap
(ETFS)
platform
is
set
to
revolutionize
the
crypto
market
by
providing
access
to
highly
valuable
Exchange
Traded
Funds
(ETFs)
backed
by
Real
World
Assets
(RWAs).
Trading
these
ETFs
is
made
possible
through
the
power
of
tokenization
and
blockchain
technology.
With
ETFSwap
(ETFS)
users
will
be
able
to
buy
and
trade
several
ETF
of
different
classes,
including
cryptocurrency,
leveraged,
commodity,
and
fixed-income
ETFs.
This
platform
has
also
partnered
with
MiCA
regulated
investment
banks
to
ensure
regulatory
compliance.
Despite
being
an
emerging
decentralized
platform,
ETFSwap
(ETFS)
is
making
headlines
and
breaking
records
in
its
ongoing
presale,
promoting
top
analysts
to
project
over
10,000%
growth
for
its
native
token,
ETFS.
Investing
in
the
ETFS
token
now
grants
users
access
to
early
ETF
listings,
governance
rights
in
the
ETFSwap
ecosystem,
and
monthly
token
airdrops.
These
tokens
also
help
boost
trading
performance
by
enabling
low
transaction
fees.
ETFSwap
(ETFS)
also
allows
users
to
engage
in
staking
pools
to
earn
up
to
36%
in
passive
income,
while
they
enjoy
up
to
87%
APR
yield,
and
special
discounts
on
trading
costs.
To
ensure
standard
trading
security
and
privacy,
ETFSwap’s
smart
contracts
have
been
audited
by
the
best
cybersecurity
and
blockchain
audit
firm,
Cyberscope.
In
line
with
this,
the
ETFSwap
(ETFS)
team
has
also
completed
a
KYC
verification
process
on
SolidProof,
assuring
its
users
of
a
safe
and
transparent
trading
network.
Now,
in
its
third
and
last
presale,
ETFSwap
(ETFS)
is
seeing
even
more
adoption
as
more
investors
are
catching
on
to
its
potential
for
gains.
In
due
time,
ETFSwap
(ETFS)
will
launch
its
own
ETF,
while
it
allows
users
to
get
more
high
value
ETF
recommendations
through
its
advanced
AI-backed
ETF
screeners
and
trackers.
Wrapping
Up
With
more
anticipation
brewing
for
ETFSwap
(ETFS),
its
token,
currently
priced
at
$0.03846,
could
potentially
surpass
top
coins
like
Ripple
(XRP),
Dogecoin
(DOGE),
and
Shiba
Inu
(SHIB).
Thousands
of
investors
are
already
taking
advantage
of
its
ongoing
presale,
purchasing
over
500
million
tokens
in
just
a
few
months.
For
more
information
about
the
ETFS
Presale:
#Press
Release
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