Solana

Bitcoin

Read

<div class="code-block-grte code-block-grte-8" style="margin: 8px auto 8px 0; text-align: left; display: block; clear: both;"> 
 <table style="width: 100%; border-collapse:"> 
  <tbody> 
   <tr> 
    <td style="width: 100%; text-align: left;"><a href="https://en.coinotag.com/altcoin-exchange-1333421/" target="_blank" rel="noopener"><strong><span style="color: #000000;">Before you reading,<br><span style="color: #e67e22;">Don't miss coins like PEPE again! Click here to find new PEPEs!</span></span></strong></a></td> 
   </tr> 
  </tbody> 
 </table>
</div> 
<ul> 
 <li>XRP has been experiencing a stagnant price movement in recent months, despite showing potential for real-world utility.</li> 
 <li>The cryptocurrency recently saw a minor surge to $0.66, only to be rejected and fall back to the $0.42 price level.</li> 
 <li>Crypto analyst Josh Olszewicz has referred to XRP as “dead money” due to its lack of significant price movement.</li> 
</ul> 
<p><strong>In this article, we delve into the current state of XRP, its performance in the crypto market, and differing analyst opinions on its future prospects.</strong></p> 
<h2 id="strong-current-state-of-xrp-and-the-crypto-market-strong"><strong>Current State Of XRP And The Crypto Market</strong></h2> 
<p>XRP has struggled to match the gains of other major cryptocurrencies like Bitcoin and Ethereum. While the total crypto market cap has surged over 50% in the past year, XRP has lagged behind. Cryptocurrencies like Bitcoin have reached new all-time highs and others like Solana are on the verge of doing the same. However, XRP has failed to break above $1, leading many critics to suggest that interest in XRP as an investment asset is waning.</p> 
<h3 id="strong-analyst-s-pessimistic-outlook-on-xrp-strong"><strong>Analyst’s Pessimistic Outlook on XRP</strong></h3> 
<p>Crypto analyst Josh Olszewicz recently highlighted XRP’s lack of price movement. During his technical analysis of altcoins, Olszewicz suggested that XRP is not an ideal choice for investors seeking to make a profit, referring to the cryptocurrency as “dead money”.</p>
<div class="code-block-grte code-block-grte-10" styl... <a href="https://en.coinotag.com/xrp-ripple-investment-profitable-or-dead-end-expert-crypto-analyst-weighs-in/">
 Read the full article for FREE at COINOTAG!
</div>

XRP (Ripple) Investment: Profitable or Dead End? Expert Crypto Analyst Weighs In

Table of Contents

COINOTAG NEWS

Outros artigos publicados em 3 de mai. de 2024

Lido DAO Boosts Ethereum Staking Options

Ringfence Announces Foundation to Advance Decentralized AI

BLP, OP and APT Named As ‘Most Promising’ New Altcoins for 2024 by Crypto Expert

Major Dogecoin Wallet Shut Down Sparks Community Outrage

Expert Says XRP Could Reach $1.88 in Price Comeback

Ethereum Holder Transfers $5.8M in ETH After Nine Years of Inactivity

Join our free newsletter for daily crypto updates!