Ripple (XRP) Technical Analysis Points to $6 by Q4, While This DeFi Altcoin Might Outshine It

Source Cryptopolitan

Recent technicals for Ripple (XRP) suggest a potential move to the $6 mark by Q4, with new interest from traders keeping tabs on the overall altcoin market. Yet even as XRP charts signal bullish momentum, focus is already shifting to Mutuum Finance (MUTM), a new DeFi platform rapidly gaining traction with its innovative lending model. Over 15300 investors have already invested in the project presale, and over $14.5 million have been raised. Mutuum Finance (MUTM) is now at Stage 6 of Presale at $0.035, or 16.67% higher than the previous stage. Stage 7 will have another 14.29% price hike to $0.04. 

XRP Sets Sights on $6 as Tech Breakouts Gain Momentum

XRP is currently trading at around $3.10 and appears poised for a potential move to the upside, with several technical indicators in its favor.

A recent breakout above $3.50, driven by flag and Fibonacci patterns, has analysts targeting between $5.80 and $6.19 in the next few months. Elliott Wave theory-based apex-targeting models also suggest outsized potential, with targets ranging from $4–$6 in the near term, and $11–$13 in a broader cycle context. 

These predictions are buttressed by a wave of investor sentiment reversal, regulatory clarity, and growing speculation of ETF approval. As this momentum builds, newer projects like Mutuum Finance are also seeing investor interest. 

Mutuum Finance Presale Moves to Phase 6 of Its Presale

Mutuum Finance has finished Phase 5 of its presale and has started Phase 6, where its tokens for sale are priced at $0.035. Its upcoming price bump will raise the price of its tokens by 14.29% to $0.04. Mutuum Finance (MUTM) presale has garnered over $14.5 million to date and over 15300 holders have been added.

Mutuum Finance (MUTM) Collaborates with CertiK to Launch $50K Bug Bounty

Mutuum Finance is collaborating with CertiK in launching Bug Bounty Program. The program would have a reward pool of $50,000 USDT. There would be four categories namely low, minor, major and critical which would be rewarded under the program. The program is the best execution of Mutuum Finance’s vision of building community-driven, secure and sustainable ecosystem.

The project also underwent a full audit by Certik for blockchain security and user funds protection. It is part of Mutuum Finance’s path to an open institution-grade DeFi protocol.

Mutuum Finance Launches MUTM Giveaway

Mutuum Finance (MUTM) is also hosting a $100,000 giveaway where 10 users will be awarded $10,000 in MUTM tokens. It has also recently announced that a leaderboard system will reward the first 50 Mutuum Finance (MUTM) holders with a bonus.

Mutuum Finance is a P2C and P2P lending protocol where high-yield funds are in the complete ownership of the customer. It’s an end-to-end DeFi experience that’s highly customized to the needs of the customer and more secure, transparent, and versatile than a centralized lending product. Mutuum Finance (MUTM) is gaining recognition as a DeFi project with the potential to deliver more returns than most older altcoins.

Stage 6 presale price of $0.035 is a bargain for investors prior to a 14.29% increase in Stage 7, after the over $14.5 million already raised from more than 15,300 holders. The two lending models of the project, CertiK-audited security, $100K giveaway, and $50K bug bounty further solidify its position as a next-generation Ethereum-based protocol. Purchase your MUTM tokens now before the price increases in the next presale phase. 

For more information about Mutuum Finance (MUTM) visit the links below:

Website: https://mutuum.com/

Linktree: https://linktr.ee/mutuumfinance

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Dips to Two-Week Low Around $113K Ahead of Fed Jackson Hole EventBitcoin continued its downward trajectory on Wednesday, hitting a two-week low as investors trimmed their positions ahead of the Federal Reserve’s upcoming Jackson Hole symposium.
Author  Mitrade
9 hours ago
Bitcoin continued its downward trajectory on Wednesday, hitting a two-week low as investors trimmed their positions ahead of the Federal Reserve’s upcoming Jackson Hole symposium.
placeholder
UK Inflation Climbs to 3.8% in July, Approaching 4.0% PeakUK consumer price inflation edged up to 3.8% in July from 3.6% in June, slightly surpassing the consensus forecast of 3.7%, official figures showed Wednesday.
Author  Mitrade
9 hours ago
UK consumer price inflation edged up to 3.8% in July from 3.6% in June, slightly surpassing the consensus forecast of 3.7%, official figures showed Wednesday.
placeholder
OpenAI Introduces Lowest-Cost ChatGPT Subscription in India with UPI Payment OptionOn Tuesday, OpenAI introduced ChatGPT Go, its most affordable AI subscription tier, targeting the price-sensitive Indian market. Nick Turley, OpenAI’s Vice President and Head of ChatGPT, announced the launch via an X post, highlighting that users can pay through India’s Unified Payments Interface (UPI).
Author  Mitrade
Yesterday 07: 20
On Tuesday, OpenAI introduced ChatGPT Go, its most affordable AI subscription tier, targeting the price-sensitive Indian market. Nick Turley, OpenAI’s Vice President and Head of ChatGPT, announced the launch via an X post, highlighting that users can pay through India’s Unified Payments Interface (UPI).
placeholder
Small Caps and Value Stocks Lead Gains as S&P 500 AdvancesLast week, the S&P 500 continued its upward momentum despite notable shifts in market leadership.
Author  Mitrade
Yesterday 07: 12
Last week, the S&P 500 continued its upward momentum despite notable shifts in market leadership.
placeholder
Australian Consumer Confidence Hits 3-Year High on RBA Rate CutsAustralian consumer sentiment soared to its highest level in over three years in August, buoyed by recent Reserve Bank of Australia (RBA) rate cuts and easing cost-of-living pressures, according to a Westpac-Melbourne Institute survey released Tuesday.
Author  Mitrade
Yesterday 03: 12
Australian consumer sentiment soared to its highest level in over three years in August, buoyed by recent Reserve Bank of Australia (RBA) rate cuts and easing cost-of-living pressures, according to a Westpac-Melbourne Institute survey released Tuesday.
goTop
quote