ETFSwap (ETFS) is piloting tokenized ETFs for DeFi, while Ripple (XRP) gaining a major boost for its ecosystem in the legal victory. But they could majorly benefit from Bitcoin (BTC) pushing above the resistance level.
ETFSwap (ETFS)
ETFSwap (ETFS) dominates the crypto scene with its novel tokenized ETF solution. ETFSwap (ETFS) is introducing the DeFi space to a revolutionized market-making mechanism that epitomizes perpetual market-making with its novel ETF Screener and Tracker. This AI-based trading analytics will position traders for consistent and winning trades with accurate big data analysis. Predicated on sentimental and predictive market analysis, the ETF Screener and Tracker analyzes the market trades of major market makers like Grayscale, Fidelity, and many more to provide ETFSwap (ETFS) users with accurate trade signals. More so, the ETFSwap (ETFS) trading platform also offers perpetual futures.
ETFSwap (ETFS) utilizes financial derivatives and significant leverages. Also, ETFSwap (ETFS) users get permissionless access to invest in a stable mix of treasuries, bonds, and other fixed-income securities for reduced volatility. ETFSwap (ETFS) is now at the forefront of a transformative Web3 era by providing user-direct access to institutional ETFs.
Sponsored
With almost 1.5 billion tokens sold, more whales are pouring in liquidity with close to $4 million raised.
Bitcoin (BTC)
Ali Martinez, the renowned crypto analyst also tipped Bitcoin (BTC) to rally in the coming weeks. In his recent X post, the crypto expert analyzed the MVRV (Market Value to Realized Value) pricing bands of Bitcoin (BTC) to signal a potential bullish move for the number one crypto.
Since the MVRV Pricing bands are crucial to identifying cycle bottoms and tops in price action, Ali Martinez identified the $67,300 area as one of the most significant resistant levels. Consequently, if Bitcoin (BTC) pushes above this resistance level, we may be set for an upsurge. The crypto analyst also pointed out that if Bitcoin (BTC) makes the golden cross between the MVRV ratio and its 365-day simple moving average (SMA), the Bitcoin (BTC) bull run could be in full swing.
Ripple (XRP)
Following a significant court declaration against the US Securities and Exchange Commission (SEC) which dropped the charges against Ripple executives Brad Garlinghouse and Chris Larsen, the Ripple (XRP) ecosystem is bullish.
Conclusion
Ripple (XRP) gaining a major boost for its ecosystem in the legal victory and ETFSwap (ETFS) piloting tokenized ETFs for DeFi. Also, Bitcoin (BTC) could push above the resistance level.
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