Lao Cui says coin: Is there a new low for Bitcoin? Is XRP still worth investing in?

CN
16 hours ago

The world is bustling, all for profit; the world is bustling, all for profit! Hello everyone, I am your friend Lao Cui, focused on digital currency market analysis, striving to deliver the most valuable cryptocurrency information to the vast community of crypto enthusiasts. Welcome to all cryptocurrency friends for your attention and likes, and reject any market smokescreens!


Recently, many friends have been closely following the strategies of Japan and South Korea, and most domestic users have developed a strong interest in XRP. To start, let me briefly discuss a few points; since XRP's lawsuit victory, it has experienced nearly two years of price increases with a scale of increase in multiples. It can be said that XRP's success is inseparable from the support of retail investors in Japan and South Korea, but Lao Cui does not have a positive outlook on this cryptocurrency; in the short term, I have previously recommended this cryptocurrency, but everyone should understand one thing: XRP's concept is more aligned with the establishment of a cross-border payment system. Although it has received approval from many countries, the biggest problem is very obvious, which is the emergence of stablecoins, which poses the greatest impact on XRP. Since the advent of stablecoins, I have even begun to doubt whether this cryptocurrency will still exist in the future. You can also compare the processing TPS between XRP and SOL; the maximum transaction processing speed for XRP is currently only 1500 TPS, which is still a theoretical value; the actual operating value can only reach 500-800 TPS.


What can this data indicate? If the peak exceeds this rate, it may cause an overall outage, and channel congestion is inevitable. This directly leads to XRP being very difficult to be utilized on a large scale for actual transfers. In contrast, SOL’s operations can reach up to an astonishing theoretical maximum TPS of 65,000 transactions per second on the Solana blockchain, with actual operations reaching 50,000 transactions per second. Since its inception, XRP's global deployment has been unsatisfactory; perhaps it never considered the current standing in the cryptocurrency market. Since its inception, SOL has left ample room for future upgrades, and its scalability is very high, meaning future upgrades will be relatively easy. Comparing the two, XRP's biggest competitor is not SOL, but Trump; the promotion of stablecoins completely overshadows XRP’s functionality in cross-border payments. Would you prefer stablecoins or XRP?


Currently, the most utilized channels for stablecoins are one is Ethereum, and the other is SOL. XRP's position is extremely awkward; in terms of speed, it is inferior to SOL, and in terms of stability, it is inferior to Ethereum, unable to sustain a massive influx of funds, making its future position very awkward. The cryptocurrency market does not only apply to XRP facing this issue; many cryptocurrencies are in a similar situation, lacking clear advantages. XRP's advantage lies in its powerful backing capital, which means it won’t face major issues in the short term. When discussing value, it does not possess the potential to become a hundredfold return coin, but it does have the space to double or quintuple. The total supply of 100 billion coins directly defines the upper limit; of course, its upper limit is still higher than SOL, considering SOL has no limits. However, it is unlikely to reach SOL's single price. Lao Cui's price range for XRP is located at most between 5-8 USD, and it is impossible to exceed 10 USD; achieving a trillion in scale is likely to be stablecoins for the second trillion scale.


In summary, XRP has a high limit but short-term profit potential; this short term is aimed at the timeframe during Trump's presidency, meaning there is a space for doubling within 2-3 years. It is recommended that those with some returns try to close positions as much as possible. That’s all for XRP; recently, discussions have been focused on contracts. The support position given to you yesterday has already been broken; short positions have also been announced. The recent trend of continued decline is quite obvious, and Ethereum's next support position has extended below 1800; after a breakdown, there is still at least a 20-30 point space to run. If you still wish to enter, it is recommended to focus on short positions, waiting for an uptick before entering, while for long positions, Lao Cui's view is to enter around 1800, with returns always maintained in the range of 30-50 points. Bitcoin is even simpler; the current trend may resemble what Trump mentioned, testing 60,000 to give Americans an entry opportunity, after which there will be space for a rebound. These trends are almost identical to our previous predictions, and range trading will maintain for about two months. Just keep your positions within the range; a short-term rebound phenomenon will occur at this stage, and upward pressure still exists, without significant breakthroughs. If you wish to enter, ask Lao Cui. Today is quite busy, so I will update the article here. Feel free to ask any questions directly.


Original content created by: Lao Cui says coins. For assistance, you can contact directly.

Lao Cui's message: Investing is like chess; a skilled player can foresee five moves, seven moves or even more than ten moves, while a less skilled player can only see two or three moves. The skilled consider the bigger picture and strategize, not fixating on individual moves or territories but aiming for the final victory, while the less skilled fight for every inch and frequently change sides, only aiming for short-term gains, resulting in repeated difficulties.

This material is for learning reference only and does not constitute buying or selling advice. Trading based on this, consequences are at your own risk!

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink