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The price of $XRP has been rallying past few weeks. It corrected from $0.93 back to $0.45 and came back up.
If $XRP does have a correction towards $0.54, another time to be a buyer.
#Arbitrum is currently trending upwards and is an example of the current market sentiment.
Breakout upwards, retest taking place and straight into next resistance.
Consolidation happens next, most optimal entry $0.97-1.00.
After that -> $1.35.
The #DeFi Summer of 2020 might be back in a compliant, regulated way.
During the summer of 2020, large projects like $LINK, $AAVE started to accelerate as the need for decentralized projects increased substantially.
The classic grind upwards is taking place for #Bitcoin .
Probably we'll continue towards new highs (target remains $36,500-37,000).
Classic liquidity drops take place, but the trend is clearly upwards.
Essential is to maximize your returns in the upcoming 12-24 months.
After that, we'll have a massive, massive bear market and potential financial crisis.
Make your money in the coming 12-24 months and allocate it to other assets afterward.
The best time to buy #Altcoins is still now.
We're 6 months before the Bitcoin halving is going to take place and altcoins are slowly breaking out.
It's just barely a start, there's more upside to come and you can still position yourself well. Cycles take place.
The environment is still super simple;
Buy the dips. The markets are trending upwards and #Altcoins break out on a daily basis.
Every slight correction of Bitcoin is being bought up quickly and even if it reaches $33,000, it's a time where you want to position yourself long.
#Chainlink broke out of a range of 500+ days.
It's currently trading around $11 and if we get a retest at $9.50-10.00, that would be a great opportunity.
Overall, trend is upwards, next resistance at $12.50 and $18.
At the start of a bull cycle, there will be a lot of discussion between bulls & bears.
People are stuck in the mindset of what they've experienced over the past two years.
Things don't last forever, bear markets do neither.
Just simply buy the dips and hold.
#Bitcoin broke above $30,000.
A comparable level to the $6,000 barrier in 2019.
As long as Bitcoin stays above, the bull market is here.
We might even see the classic pre-halving run towards $45,000-50,000.
#Bitcoin and crypto starting to play a large role in the macro-economy.
This increases the likelihood of adoption of which #DeFi can be integrated into nowadays traditional finance.
@concordium has made a large DeFi report, read about it here:
https://t.co/kTTAGFSkCC