DOGE
Traders are ramping up their positions on Dogecoin as its price "breaks out," reaching its highest monthly level on July 20. However, not all are convinced that the bullish pattern is confirmed. However, technical analysis is difficult to apply to Memecoins as their value is speculative. If this pattern were to repeat, Dogecoin price would reach a new all-time high in April 2025.
XRP
XRP has surged 35% this week and some traders are anticipating a breakout moment, pointing to a long-term trend and feeling excitement after price gain.
“With XRP making an emergence this week, bullish narratives have erupted."
CONCLUSION:
If you are doing swing trade then you can buy dogecoin, if you are thinking for a long term Ripple is more ahead than Doge in my perspective.
Not a financial advice #DYOR.
Traders are ramping up their positions on Dogecoin as its price "breaks out," reaching its highest monthly level on July 20. However, not all are convinced that the bullish pattern is confirmed. However, technical analysis is difficult to apply to Memecoins as their value is speculative. If this pattern were to repeat, Dogecoin price would reach a new all-time high in April 2025.
XRP
XRP has surged 35% this week and some traders are anticipating a breakout moment, pointing to a long-term trend and feeling excitement after price gain.
“With XRP making an emergence this week, bullish narratives have erupted."
CONCLUSION:
If you are doing swing trade then you can buy dogecoin, if you are thinking for a long term Ripple is more ahead than Doge in my perspective.
Not a financial advice #DYOR.
Agree. I did hold Doge at one point but sold it once I doubled my money.
I am holding XRP for the long term until the 2028/29 bull run at least and that is when I believe it will be $20+.
That's such a big period, though. I hope your investment pays off and you will reap such a long-term boon for yourself! I never would be able to see some coins in my portfolio waiting for their time, but your patience is commendable if that's how it's going to go for real.
I am selling all of my altcoins this bull run over the next 12 months but Bitcoin and XRP I am holding till 2028/29 bull run.
I think Bitcoin will be $300k + and XRP $20+ in the next bull run so for me 4-5 years is not that long to wait for an investment that can return such amounts. So your plan will succeed
I am 34 and the goal is to be semi retired by 2030. It is not definite but this is what cryptocurrency gives you that the normal working life doesn't, a chance.
Sounds like a bullish plan! I wish you well, as I do think BTC will get there eventually, and that's the chance we all have with so many ways and possibilities to get wiser, richer and better with crypto.