It was another excellent week for $XRP holders, with the token’s price soaring by 11% over the past seven days.
$XRP is now hovering around the $0.53 level and looks to have cleanly broken the crucial resistance zone at $0.50.
In other news, presale sensation yPredict ($YPRED) continues to attract enormous investor attention – and has now surpassed the $2 million milestone in its ongoing presale phase.
Pro-Ripple Lawyer’s Bullish Prediction Ignites Excitement for $XRP
The price of $XRP, Ripple’s digital currency, has been on an upward trend for the last three weeks, causing an increasing level of interest and excitement around the token.
Investors have been coming in droves to acquire $XRP, given that several positive reports have emerged regarding the SEC’s case against Ripple.
For those unfamiliar, this case has been rumbling on for over two years – and the uncertainty it has brought about has hindered $XRP’s price momentum.
However, all that looks like it’s about to change, with pro-Ripple lawyer John Deaton stating on a recent episode of the Good Morning Crypto podcast that he believes there’s less than a 3% chance that the SEC will win the case.
Moreover, Deaton went on to say that the $XRP price could rise to between $2 and $10 in the event of a favorable ruling.
Deaton’s bullish claims have dovetailed nicely with data from Messari.io, which reveals a massive spike in active $XRP addresses on May 28.
This heightened activity is a strong indicator that a large number of investors are becoming more engaged with $XRP – generally seen as a positive sign for the token’s price.
In turn, this has translated into the positive momentum currently being shown on the $XRP price chart.
This momentum shows no signs of slowing, with the price breaking above the 20-day and 50-day Exponential Moving Averages (EMAs) on the weekly time frame – yet another positive sign.
All in all, market sentiment towards $XRP is now overwhelmingly optimistic – indicating a potential shift in the narrative and an exciting outlook for the token’s future.
AI-Powered Analytics Suite yPredict Gains Momentum in the Market & Raises $2 Million
As the crypto market continues to buzz with excitement over $XRP’s potential, another groundbreaking project is making waves.
yPredict ($YPRED), a cutting-edge crypto analytics platform, has now surpassed the $2 million mark in its ongoing presale – and reportedly has over 20,000 people on its waiting list.
The platform aims to transform how crypto traders access and analyze data. By leveraging the power of artificial intelligence (AI), yPredict provides these traders with unbiased predictions and valuable insights on thousands of coins and tokens.
Moreover, yPredict will also offer reliable information on market sentiment, crypto price movements, chart patterns, and much more.
As detailed in yPredict’s whitepaper, users will also be able to subscribe to state-of-the-art price prediction models crafted by world-class AI experts. Subscription fees will be denominated in $YPRED, the platform’s proprietary token.
This token will serve as the cornerstone of yPredict’s ecosystem. It will also be used within the platform’s super-fast trading terminal, which ensures that traders can conduct analysis and place trades in the same place – removing the need to use multiple different service providers.
The proposed value that the yPredict platform is set to bring to traders has sparked considerable interest in the project’s presale, with more than 30,000 people now taking part in the official Telegram channel.
With yPredict now in Stage 6 of its eight-stage presale, investors have a limited window to buy $YPRED tokens at a discount relative to the planned exchange listing price.
DeeLance Seeks to Transform the Freelance Market with Over $1.2 Million Raised
Alongside yPredict, another transformative venture making headlines is DeeLance ($DLANCE) – the decentralized freelancing platform built on the Ethereum blockchain.
This unique project is poised to redefine the landscape of freelance work by leveraging the power of blockchain technology and cryptocurrencies.
By doing this, DeeLance aims to promote global accessibility and boost transparency (and safety) across the board.
Per DeeLance’s whitepaper, the platform will feature a decentralized recruitment platform, a cutting-edge NFT marketplace, and a first-of-its-kind freelancing metaverse world.
On top of that, DeeLance will also incorporate smart contracts to create secure escrow accounts – ensuring payment disputes are a thing of the past.
Since DeeLance eliminates the need for a centralized intermediary, the fees associated with the platform are much lower than its rivals like Fiverr and Upwork, which benefits both clients and freelancers.
The $DLANCE token makes all of this possible since it’s used to facilitate payments and gain access to exclusive ecosystem features.
$DLANCE holders can even use their tokens to rent virtual office space in the metaverse – providing an immersive environment for collaboration.
DeeLance has now raised over $1.2 million through its ongoing presale, with early-bird investors still able to buy $DLANCE tokens for $0.038 – 50% lower than the planned exchange listing price.
Disclaimer
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