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Ripple (XRP) vs ETFSwap (ETFS): Which Could Reach $50 First?

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2024-08-07 15:09:34302browse

In today's world, where supposed “underdog” coins suddenly experience explosive growth, crypto traders and analysts constantly look for the next 10000x coin.  Here's how a detailed research analyst compared Ripple's (XRP) and ETFSwap's (ETFS) profit potential to determine which could reach $50 first.

Ripple (XRP) vs ETFSwap (ETFS): Which Could Reach  First?

Crypto traders and analysts are always on the lookout for the next coin that will experience explosive growth, especially in a market where supposedly “underdog” coins can suddenly witness astronomical price surges.

In today’s analysis, we will compare the profit potential of Ripple (XRP) and ETFSwap (ETFS) to determine which coin has a higher chance of reaching the $50 price mark first.

A Detailed Analysis On Ripple (XRP) Suggests A Potential Move Up To $50

Despite Ripple’s (XRP) consolidation and the overall bearish price movement, recent analysis suggests a recovery is underway, which could lead to a 1,000% price increase for the coin.

According to Tradingview data, after forming a double-bottom low at the $0.42 price level on July 5, Ripple (XRP) rallied to $0.63. This sets the stage for a potential run to new all-time highs on the token.

To support this prediction, a well-known crypto analyst, Cryptobilbuwoo, highlighted Ripple’s (XRP) potential to reach $50 using three technical patterns.

The analyst used a long-term 1.618 Fibonacci ratio to predict XRP’s price to a range of $26 – $33. He further mentioned the “cup and handle” pattern, which is used by analysts to identify potential buying opportunities, and XRP’s breakout from the structure reveals a strong run to the upside.

Lastly, Cryptobilbuwoo analyzed Ripple’s (XRP) price chart data with Elliot Wave patterns. He found that the token has begun its second leg of distribution to a long-term price range of $26 – $45. While Ripple (XRP) is currently experiencing consolidation at $0.5900, Cryptobilbuwoo is optimistic of a bullish rally soon.

Whale Accumulation Of ETFSwap (ETFS) Coin May Push The Coin Past $50

Ever since its ICO, ETFSwap (ETFS) has garnered a lot of attention from the public. Several renowned analysts have called it “the Bitcoin (BTC) of tokenized ETFs”.

As the ETFSwap (ETFS) platform revolutionizes the future of digital assets, investors are purchasing large tranches of its presale token. The coin has already raised over $2.5 million in its current presale stage.

Due to ETFSwap’s (ETFS) strong infrastructure and impressive presale performance, several analysts have predicted that the coin could push past $0.5 before the year ends.

ETFSwap (ETFS) Will Decide The Future Of Tokenized ETFs Trading

By integrating decentralized protocols, ETFSwap (ETFS) enables users to trade institutional-grade ETFs. To foster a profitable trading environment, ETFSwap (ETFS) has prepared a safe, secure, and transparent environment by integrating its institutional products with blockchain technology.

ETFSwap’s (ETFS) functionality and features make it a leader in the tokenized ETF market. These features include advanced AI-powered trading tools, such as the AI-powered ETF Tracker and ETF Screener. Both tools enable investors to make informed trading decisions based on the filtered data they generate from analyzing vast amounts of market data. They, thus, give ETFSwap (ETFS) users a competitive advantage in the financial market.

ETFSwap (ETFS) increases a user’s trading potential to profit from trades with perpetual futures contracts. With leveraged trading, users can take larger positions with up to 50x leverage across all ETFs, multiplying the returns on their investments. Also, ETFSwap (ETFS) utilizes efficient risk management tools to mitigate the risks associated with leveraged trading.

Irrespective of the location and time of every user, ETFSwap (ETFS) ensures that investors don’t miss an opportunity to place trades by providing 24/7 market coverage and access. This enables users on the platform to respond to the dynamic nature of the financial market.

Unlike traditional ETF brokers, ETFSwap (ETFS) allows users to open an account on its platform without KYC. Furthermore, on July 10, the ETFSwap (ETFS) team completed KYC verification by Solidproof, a smart contract security auditing firm. This helped the team reinforce investors’ confidence in the platform’s credibility.

Conclusion

While both Ripple (XRP) and ETFSwap (ETFS) are promising coins, several factors give ETFSwap (ETFS) an edge over XRP. From the vast interest and participation of crypto whales to the coin’s role in revolutionizing the future of tokenized ETFs, and its presale performance so far, ETFSwap (ETFS) is better positioned to reach $0.5 faster in the short term.

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