Topic 1Technical Details On Reverse Strategy

Reverse strategy is a trading term that gives a trader an ample opportunity to take advantage of the market live trends, which means a trader will not depend on previous trading data from months ago but will be considering 24 hours live trends in the market.

Before a trader will apply the reverse strategy methods he/she will need to study whether the market has been bearish/bullish over the past 24 hours by so doing the trader will also be considering the highest high and lowest low in the trading chart so he can be able to open a position from +or-20% gain or loss in the market.

The reverse strategy will help a trader make a good trading decision it helps a trader to avoid entering a volatile market which means a trader has to be patient before making any entry for trade by waiting for 24 hr before making or opening a trading position depending on if the past 24 hours market was bearish/bullish.

Let's say there was a bullish market of +20% increase in the price of a particular crypto a trader will therefore be preparing to make an entry but he has to wait for 24 hours cycle to be completed which means buyers would be getting exhausted and taking profit and there will be likely pullback in the market seller will be gaining an advantage over the market here a trader can open a sell position taking reference from the highest daily chart.

Topic 2 Review Of COINGECKO

1. What Is A COINGECKO?
   It can be accessed using mobile apps and web-based browsing software it's a place where traders/investor keep track of crypto-related trending topics and news price of coins base on their market cap can be displayed or accessed by users it can also be used as an investment tool where new listed coins/token can be tracked by investors it's a research, learning platform for both experts and newbies in the crypto space users all over the world can assess coingecko platform with their connected internet accessing device.
   Information about the project, coins, tokens, and exchanges with their related website and blog can be easily accessed by using coingecko users have unlimited access to information.

How COINGECKO Can Be Helpful for you in a Crypto market?

1. Bitcoin dominance and multiple crypto price daily displayed; from the top tab BTC dominance is always updated this help trader to know the performance of BTC in the market and help in opening a successful trade on their exchange.

2. Coin analysis; coin market capitalization can of over a thousand difference coin/token are accessible directly from one single place.

3. Information; information about exchanges, projects, and cryptocurrency including their website and ranking can be accessible on coingecko to help boost users' knowledge about a particular project.

4. Learning/research and investment all in one place with coingecko I can study a coin project and choose to invest in such project I can also learn and make research on a particular project too.

Explore COINGECKO features with information.

A. Coin price updates; if find this feature on coingecko to be very important here you get to see coins according to their #ranking base on their market capitalization and their 24 hr trading volume and price changes are updated daily.

B. Important updates likes BTC dominance, ethereum gas fee fluctuations all crypto market cap, and 24 hr trading volume of coins can be seen from the top tab on the coingecko homepage.

C. Recently added; from this feature, users can stay updated with the recently added project added to the platform.

D. Add a new coin; when a user opens an account on Coingecko they can be able to select and add new coins to always record how the coin is performing in the market this saves traders the stress of searching for coins in the market.

Topic 3 Weekly Price Forcast For Crypto Coin: XRP

The basic information or your thoughts on the Crypto Coin that you would like to Predict its price for the next 1 week?

XRP

XRP is ranked #6 according to Coinmarketcap it a daily 24 hr trading volume of over 10 billion dollars with a market capitalization of over 50 billion dollars it has a market dominance of 29.4% which is relatively low over the past 24 hr there has been over 6% decrease in xrp price due to high market correlation.
XRP has a total maximum supply of 100,000,000,000 and a circulation supply of 46,135,372,183.

XRP is a scalable coin use for settling payment its an open-source project used by both traditional payment system it serves as a security token for making seamless transaction among users.

XRP is a major crypto coin listed in multiple exchange platforms this gives the coin room to grow and gain acceptance from various investors and traders it's is paired with multiple tokens/coins.

Reason why you would like to predict the selected Coin? (XRP)

From the above market analysis of XRP looking at the coin market cap, circulation supply, and its dominance related to the previous days market dump in BTC and other major currency will give a good reason why the price of XRP will soar high within a week.
Also looking at the coin dominance which is below 30% says the seller is getting weaker and buyers will soon start dominating the market.

Complete detail on it's one of the analyses of Technical/Fundamental/Sentimental with price details.

Using technical analysis from the above chart over the past few days there has been a major dump in price which leads to forming a U shape pattern that indicates there will be major price reversal and XRP can rise from less than $1 to $1.5 within the week.

Base on technical analysis with the U shape pattern is shown there will price high within 1 week reaching 1.5 from 1.1.

Conclusion
It's been a very interesting class with the reverse strategy I understand a trader can patiently take advantage of the market by waiting for 24 hr before making a proper entry in the market depending if the market was on bull or bear.

Coingecko is a very useful platform that educates and keep traders/investors updated with current market trending topic both on price and new listed project.

It's advisable before entering any market position for traders to do a proper market analysis.

Reference source
Coinmarketcap
Coingecko
Academy ivan
kucoin