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#Gate广场四月发帖挑战
Watch out for XRP and TAO Coin, where are cryptocurrencies headed?
The Pakistani Foreign Minister stated that the recent attacks dealt a blow to peace efforts, but there's no official response regarding a ceasefire yet. Iran still has about 6 hours left.
XRP active wallets are showing a loss alert, and now might be the right time to buy.
Long-term investor selling in BTC is said to have ended for now. A break above $322.86 in TAO Coin could open the door to $378.
Gulf countries are increasingly advising people to stay indoors as the hours pass, and Trump's deadline is just 6 hours away. So what's the latest on the XRP and TAO Coin front? While a new warning has been issued for XRP Coin, attention has been drawn to TAO.
Pakistan's Foreign Minister stated that the recent attacks dealt a blow to peace efforts, but there is no official response yet regarding a ceasefire. Iran has approximately 6 more hours, and the US is awaiting a definitive answer.
Leaving current events aside, attention is drawn to XRP Coin. Over the past year, the average wallets with active XRP have experienced an average 41% loss in value on their investments. This is the lowest MVRV (Average Value Based on Realized Value) figure recorded for XRP investors since November 2022.
Analysts believe that buying at current levels might be sensible, given that XRP Coin investors have been largely hit hard.
“Since cryptocurrencies are fixed-sum trading games, with average returns significantly negative (not just the price drop, but the actual returns of traders), and with competing traders already in a serious ‘bloody war’ environment, buying XRP carries much lower risk these days.”
Analysts also shared a significant signal for those expecting a rise in TAO Coin. The platform, which discussed the long-term investors' motivation to sell BTC along with the graph below, wrote that the selling has stopped.
“Long-term investors are now almost not selling at all. Profit taking across all long-term investor groups is near the lowest levels of the bear market. Confidence is not shaken. It is consolidating.”
Let's look at TAO Coin with this good news. It has closed its position here and is waiting for the ongoing boring movement to end before taking a new position. The next few hours may be an opportunity for the boring movement to end because either the war will end or it will intensify more than ever. In any case, the moment of truth will come in 5-6 hours.
A break above $322.86 could open the door to $378.
$XRP $TAO