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TAREK ZOZO
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$ZEC Entry Price (Entry): \approx 429.12 (Last Price shown, or slightly above, as the trade is active) Stop Loss (SL): 470.56 Take Profit (TP): 401.04 $ZEC #zec #ZECUSDT The trade is a Short position, indicating an expectation for the price of ZECUSDT to decrease. The entry is placed near the current market price of \approx 429.12 following a rejection from a recent high. The price action on the 4-hour chart shows a recovery bounce that is stalling. The Stop Loss (SL) is set at 470.56, strategically positioned above the recent local high and the current retracement level, which serves as a resistance zone. If the price breaks this level, the short thesis is invalidated, and the loss is contained. The Take Profit (TP) target is 401.04, chosen to be near a previous swing low or a significant support level. This provides a favorable risk-to-reward ratio (the distance to TP is visually smaller than the distance to SL, but it is placed at a strong structural point) and aims to capture the potential continuation of the downward trend following the recent rejection
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$XRP is the native cryptocurrency of the XRP Ledger (XRPL), an open-source, decentralized public blockchain. It was created by the founders of a company now known as Ripple. While the company Ripple utilizes XRP and the XRPL in its products (like RippleNet), the XRP Ledger itself is decentralized and open-source. Many people use the terms "XRP" and "Ripple" interchangeably, but they refer to the token and the company, respectively. 🚀 Key Features and Purpose $XRP was primarily designed to improve global financial transactions and cross-border payments. Speed: Transactions on the XRP Ledger are incredibly fast, typically settling in 3 to 5 seconds. This is a major advantage over traditional banking systems, which can take days. Low Cost: Transaction fees are minimal, often costing less than $0.01. A small portion of XRP is burned with each transaction, making the asset deflationary. Bridge Currency (On-Demand Liquidity - ODL): XRP's most prominent use case is acting as a bridge currency in cross-border payments. Financial institutions can use XRP to instantly convert one fiat currency to another, providing On-Demand Liquidity (ODL) without needing to pre-fund accounts in various currencies across the globe. Consensus Mechanism: Unlike Bitcoin, which uses Proof-of-Work (PoW), the XRPL uses a unique consensus protocol where a network of trusted validators confirms transactions. This makes it significantly more energy-efficient. Tokenization and DeFi: The XRP Ledger also supports features for creating custom tokens, decentralized finance (DeFi), NFTs, and other applications. 🏛️ XRP and Ripple XRP: The digital asset/cryptocurrency. Ripple: The financial technology company that develops solutions for international payments, often utilizing XRP and the XRP Ledger. #XRP #Xrp🔥🔥
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$XRP For Bearish Entry 2.1667 SL 2.1792 TP 2.0473 $XRP
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The two coins I like are: $ALCX which is maintaining price action very nicely. The other is $AUCTION You can Cheack $ETH Also
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