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#Gate广场四月发帖挑战
Attention XRP and TAO Coin, what is the future outlook for cryptocurrencies?
The Pakistani Foreign Minister stated that recent attacks have dealt a blow to peace efforts, but no official response has been made regarding a ceasefire. Iran has about 6 hours remaining.
Active XRP wallets show loss alerts, and now may be a good time to buy.
It is said that long-term investors have temporarily stopped selling BTC. A breakout above $322.86 for TAO Coin could open the door to $378 .
Gulf countries are increasingly advising people to stay indoors. As time passes second by second, Trump’s final deadline is only 6 hours away. So, what is the latest news on XRP and TAO Coin? Although a new warning has been issued for XRP Coin, attention has shifted to TAO.
The Pakistani Foreign Minister stated that recent attacks have dealt a blow to peace efforts, but no official response has been made regarding a ceasefire. Iran has about 6 hours remaining, and the U.S. is waiting for a clear reply.
Setting aside current events, focus shifts to XRP Coin. Over the past year, the average investment value of active XRP wallets has lost 41%. This is the lowest MVRV ( average value (based on realized value) for XRP investors since November 2022 ).
Analysts believe that buying at current levels may be wise, as XRP investors have already been severely impacted.
“Since cryptocurrency is a zero-sum trading game, the average return is clearly negative ( not only due to price declines but also including traders’ actual returns ), and in the highly competitive ‘bloodbath’ environment, the risk of buying XRP is greatly reduced.”
Analysts also shared an important bullish signal for TAO Coin. When discussing the motives of long-term investors selling BTC and the chart below, they stated that selling activity has stopped.
“Long-term investors are now almost not selling. Profit-taking among all long-term investor groups is approaching the lowest levels of the bear market. Confidence remains intact and is consolidating.”
Let’s view this good news as a positive for TAO Coin. It has closed positions here, waiting for the current dull market to end before re-entering. The next few hours could be an opportunity for the market to end, as either the war will end or it will become more intense than ever. In any case, the moment of truth will arrive in 5-6 hours.
A breakout above $322.86 could open the door to $378 .
$XRP $TAO