The post XRP May Be Set To Rise Again Like In 2017 – Expert Chips In As Investors Catch On To More Promising Returns On FXGuys ($FXG) appeared first on Coinpedia Fintech News
There’s a lot of bullish activity going on in the crypto-verse currently, and even notoriously stagnant tokens like Ripple (XRP) might be set to benefit from the overall market sentiments. Analysis and market metrics support a spike in XRP’s price. The extent of its price rise remains to be seen.
On the other hand is one of the top DeFi coins preparing to launch its operations soon. FXGuys ($FXG) is breaking the crypto news headlines with a set of trader-first features; DeFi is giving way to PropFi right before our eyes.
Hang on for more on the FXGuys project!
XRP Could Repeat 2017 Bull Run as Top DeFi Coins Shine
The best moment on the XRP charts occurred between 2017 and 2018 when the XRP price moved from about a cent to over $3 in a bullish period that spanned several months. Javon Marks noticed some similarities in the pattern before that spike, and now Ripple can pick its pieces again.
Relative Strength Index (RSI) movements are suggesting a seven-year Pennant pattern on the XRP chain. The pattern is quite similar to the 2017-18 run, fueling the expectations of an uptrend despite XRP’s poor performances in the past three years.
Gray-scale is also preparing a potential avenue for institutional investment in Ripple. Its Digital Large Cap fund tracks Ripple’s XRP price, and Gray-scale is planning to convert it into an ETF.
Ripple’s XRP is currently worth $0.5468, some 0.1% below on the weekly chains; there’s significant doubt in its prospects, though. Some XRP traders might even be up for an upgrade elsewhere.
And ‘elsewhere’ isn’t so far away.
PropFi on FXGuys: A Different Experience than Regular Trading Platforms!
Most of the current DeFi platforms have taken trading features to the next level, introducing innovative options to keep traders engaged and in profits. But starting up with sufficient capital is a major challenge for most traders, and up till now, we only had crypto loans to resolve that.
Enter FX Guys, a new trading platform presenting competent traders with an option for profitable trading that doesn’t involve loans and collaterals. On the FXGuys platform, it’s your expertise that qualifies you for funding. And funding is as intense as it gets.
Traders selected for the PropFi sector can be offered as much as $500,000 in funding for their startup capital. We all know how much trading profits depend on equity–in the right hands, $500,000 could be a stepping stone to millions in trading profits.
The best part? You earn $FXG tokens alongside all your trading activities. Whether you earn or lose from a trade, the ecosystem rewards your activity and engagement with some $FXG tokens via its Trade2Earn program, increasing your stash on the network. And there are so many ways you can use them.
One is the regular staking option, even if FX Guys doesn’t offer your typical APY. In the FX Guys ecosystem, staking offers users 20% profit, unlike many other online trading platforms. All it takes is for you to hold your $FXG coins after they launch and contribute to the network’s economic security.
Mixed Reception on Ripple Puts XRP in Uncertainty
The XRP price prediction sounded all good, but it’s met with mixed reception across the board. While many want to believe some good will eventually come out of the Ripple project, others have given up on XRP spikes any time soon.
For some users, the prediction is only a ruse, and they feel even Dogecoin will outperform the XRP token in the next bullish cycle. Others opine that Ripple’s XRP is about to fall out of the top crypto coins list, considering the potential of other top DeFi coins like FXGuys.
It’s going to be a tough ride for XRP, especially with the mixed sentiment. It’s still net bullish, but the token will have to do more to convince crypto users.
For now, FXGuys is in presale; gather round for some $FXG coins.
Step Into Profits With the $FXG Presale
XRP is in consolidation mode, and even its holders are expecting their profits from other sources. The FX Guys platform is offering that extra nudge your profits need with its PropFi and extra staking rewards. The tokens are your ticket to the FX Guys community, where you will have more privileges.
$FXG tokens are in their presale Stage 1 and worth $0.03 each. There’s some 233% ROI you can rake in at the token’s launch at $0.10, even though it’s nothing compared with FXGuys’ potential.
Hurry now and grab your share of $FXG tokens; the launch is only a few weeks away!
To find out more about FXGuys follow the links below:
Whitepaper | Socials | Audit
Exclusive FXGuys Promo Code:
#PressRelease [Source: Coinpedia]