Have you missed out on the surge from two top altcoins, XRP and STRUMP? Too bad! These two coins are now being influenced by the market’s volatility. Another opportunity has come with Raboo, the new AI meme coin. Even though it is yet to launch Raboo has already gathered over $1.6 million in its presale. Raboo has proven to be of great potential with loads of amazing features. Keep reading to find out more!
XRP: is there going to be a bullish take over?
XRP price has attempted a recovery wave above the $0.470 level. The bulls have been able to push the price to $0.4774, entering the bullish zone. The price is testing the 23.6% Fib retracement level of the upward trend from the$0.4660 “swing low” to the $0.480 high. It is now trading above the 100 hourly Simple Moving Average.
The XRP price may advance toward the $0.4880 resistance if there is a rise above the resistance level, XRP could enter yet another slide, that’s if it is unable to break through the $0.4770 barrier zone. The 100-hourly Simple Moving Average and the $0.4740 mark provide initial support on the downside.
The XRP is a hot topic of discussion in the cryptocurrency market, with many analysts predicting different outcomes. Respected expert in the field Alessio Rastani provides one analysis. Alessio Rastani claims that XRP is presently in an ABC correction, a corrective wave pattern that could cause its price to fall as low as $0.13 by 2025. Rastani bases his forecast on the widely used technical analysis technique known as Elliott Wave Theory.
STRUMP downward trend causes uncertainty for investors
The STRUMP price is currently down by 22% over 24 hours and is now trading at $0.01189. Its trading volume has also declined by 27.62% over the last thirty days. Numerous PolitiFi tokens are declining following the Joe Biden and Donald Trump presidential debate, including STRUMP.
With the Friday dump wiping away all the gains earned over the previous two days, the Super Trump price is trading with a bearish bias. The STRUMP price appears ready for a retest of the market’s lower bound, which is located at $0.00990, as the bears continue to gain ground. STRUMP price is not only below the diagonal trendline, but the momentum indicators also indicate that bulls are not as certain as they should be.
Momentum is measured by the Relative Strength Index (RSI), which is muted below the typical level of 50. Additionally, the Moving Average Convergence Divergence is below the signal line (orange band) and in negative territory. This suggests a bearish tendency in the asset’s price movement. Several investors are now considering the AI-powered meme token for this reason.
Raboo: AI backed meme coin continues to make waves
Raboo is a new project growing to become a top altcoin, and has experienced a 60% increase since Stage 1 of its presale, now in Stage 4. Raboo is looking to leave its imprint on the market with its remarkable growth speed. Users are drawn to the low cost presale of Raboo, which is one of the most interesting AI-powered meme tokens of 2024, and is presently offering tokens at a discounted price of just $0.0048.
Although Raboo tokens are being offered at an exceptionally affordable price, analysts remain optimistic about Raboo. By the end of the presale, they predict that it will yield 233% profits, and when the $RABT coin launches, it will grow by a factor of 100.
Raboo’s unique tokenomics, which enable holders to generate passive income by merely staking their $RABT tokens, are a major draw for many users of the ecosystem.
Conclusion
While XRP and STRUMP have both struggled to stay positive long term, the new presale coin named Raboo has rallied incredibly. With Raboo, every challenge is a chance to earn, and every victory counts and translates into real-world value and rewards.
You can participate in the Raboo presale here:
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official