• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitcoin, Kaspa, and XRP: Analysis by Tommy Does Crypto

user avatar

by Giorgi Kostiuk

a year ago

Analyst Tommy Does Crypto shares his thoughts on current trends in the cryptocurrency world, focusing on Bitcoin, Kaspa, and XRP.

Market Expectations for Bitcoin

Tommy Does Crypto highlights the resistance level of Bitcoin around $100K and predicts potential fluctuations between $90K and $100K by the end of December. The analyst believes this could lead to a breakthrough of the psychological $100K mark.

The Case Against Investing in XRP

The analyst notes XRP's recent achievements, including its 4X increase over the last 30 days and its capitalization reaching $139 billion. However, he raises concerns about XRP's centralization and suggests considering an exit at current prices.

Current XRP prices may present an optimal exit opportunity.

Bullish Outlook on Kaspa

Tommy emphasizes Kaspa’s innovative solutions for security, scalability, and decentralization. He entered the project at $0.03, and it is currently trading at $0.15. The analyst projects further growth to $2-$5 during the current bull cycle.

Tommy Does Crypto encourages conducting independent research on Kaspa and warns against investing in centralized cryptocurrencies like XRP.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Gary Gensler Resigns as SEC Chair, Mark Uyeda Takes Over

chest

Gary Gensler resigned as chair of the SEC, leading to significant changes in the agency's approach to digital asset regulation.

user avatarElias Mukuru

All Democratic Commissioners Depart SEC, Leaving Leadership Imbalance

chest

The departure of all Democratic commissioners from the SEC has left the agency without bipartisan representation.

user avatarDiego Alvarez

SUI Price Recovers After Outage, Eyes 200 Level Test

chest

SUI price shows signs of recovery after an outage, targeting the 200 level as the next key resistance.

user avatarKenji Takahashi

Ripple CEO Engages with XRP Community Amid Price Decline

chest

Ripple CEO Brad Garlinghouse's engagement on social media reassures XRP investors during a recent price dip.

user avatarMaria Fernandez

Meme Coins TESTICLE and FARTCOIN Surge Amid Market Volatility

chest

This week, meme coins TESTICLE and FARTCOIN have gained significant popularity among traders, despite ongoing fears of rug pulls.

user avatarGustavo Mendoza

Kaisar AI Ops Simplifies AI Deployment for Developers

chest

Kaisar AI Ops platform streamlines AI deployment, allowing developers to focus on building rather than managing infrastructure.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.