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Ripple (XRP)

XRP Bulls Step in With a 5% Daily Increase, Is $0.30 Next? (Ripple Price Analysis)

XRP/USD – Buyers Finally Break Above Symmetrical Triangle Key Support Levels: $0.26, $0.251, $0.245.Key Resistance Levels: $0.261, $0.271, $0.279. XRP went through a rollercoaster of price action yesterday as it reached as high as $0.271 (bearish .618 Fib) and as low as $0.228 (.618 Fib) during the 24 hours. The cryptocurrency had been trading within a symmetrical triangle and rebounded from the lower boundary at the start of the week. Despite the whipsaw like movement...

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Litecoin (LTC) Price Analysis: Strong Uptrend In Place Above $50

Litecoin price started a strong upward move above the $48.50 and $50.00 resistance levels against the US Dollar.LTC price is currently trading above the $54.00 support level and the 55 simple moving average (4-hours).There was a break above a major contracting triangle with resistance near $48.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher above $55.50 and $56.50 in the near term.Litecoin price is trading in a strong uptrend above...

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Bybit Launches New USDT Perpetual Trading Pairs with ETH, LTC, XTZ and LINK

[Press Release] Singapore, Oct 21, 2020 — Four new perpetual trading pairs, ETH/USDT, LINK/USDT, LTC/USDT, and XTZ/USDT, will be listed on crypto trading platform Bybit and begin trading today. The new USDT pairs join the existing markets of BTC/USDT, BTC/USD, ETH/USD, EOS/USD, and XRP/USD on the Bybit exchange. The move significantly increases traders’ choices, as the open interest on the Bybit platform reaches new heights. “In response to popular demand, we are bringing...

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Crypto Market Cap Gains $7 Billion as Bitcoin Blasts Through $12,000

Bitcoin has surged past $12,000 in the past several hours and it came just $200 away from marking a fresh 2020 high above $12,500. Interestingly, the alternative coins haven’t followed BTC’s move upwards, and Bitcoin has increased its dominance over the market. Bitcoin Nears A New 2020 High? The past few days have been quite bullish for the primary cryptocurrency. Ever since Bitcoin dipped to $11,200 on Friday following controversial news from OKEx, BTC has been gradually...

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Ripple Price Analysis: XRP Crashes To 3-Month Low Against Bitcoin, What’s Next?

XRP/USD – Bulls Remain Inside Symmetrical Triangle Pattern Key Support Levels: $0.237, $0.23, $0.228. Key Resistance Levels: $0.251, $0.261, $0.271. XRP has not been outperforming over the past seven days, but it remains inside the boundaries of a symmetrical triangle. The coin failed to break the upper boundary last week, which caused it to head into the support at the lower boundary. It rebounded at the lower boundary but has struggled to remain above the 100-days EMA at...

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Bitcoin Decoupling Nearing $12K As Wall Street Tumbled: Crypto Market Watch

Bitcoin finally made a move in the past 24 hours and surged to a new 7-week high of over $11,800. Interestingly, BTC’s price increase contrasted with the US stock markets as the three most prominent indexes closed yesterday’s trading session with serious losses. Bitcoin Spikes To $11,820 CryptoPotato reported yesterday that Bitcoin had remained relatively calm in the past several days, despite recent negative news. The popular digital asset exchange OKEx suspended withdrawals...

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XRP and Blockchain Adoption to Explode In the Next Months, Ripple’s Report Reveals

Ripple’s third annual report dubbed ‘Blockchain in Payments’ has shown encouraging growth of XRP digital asset adoption and the entire blockchain industry.   From August to September 2020, Ripple conducted a survey showing how respondents react to the question of blockchain adoption and XRP use. The respondents, 854 in total who were spread in more than 22 countries, all participate in payment services provider.Reliance on Digital Payments Increased During the PandemicTotal inflow and outflow...

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Ripple Price Analysis: Chances of More Losses Below $0.24

Ripple price started a fresh decline after it faced as strong resistance near $0.2600 against the US dollar.The price is now trading well below the $0.2480 pivot level and the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $0.2500 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to continue lower if there is a clear break below the $0.2380 support.Ripple price is trading is a negative zone below...

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Bullish Weekend: Crypto Market Cap Gains $4 Billion, Bitcoin Awaiting Next Move

Bitcoin has overcome the recent price dip beneath $11,300 and currently hovers around $11,400. Most alternative coins have displayed relatively strong performances and the total market cap increased over the weekend. Bitcoin Back To $11,400 Bitcoin traded around $11,350 yesterday after a calm 24-hour period despite potentially impactful news coming from the popular cryptocurrency exchange OKEx. As CryptoPotato summarized, the platform suspended withdrawals after its founder...

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Bitcoin Price Is Stagnant Despite Recent News: The Calm Before The Storm? (Market Watch)

Following yesterday’s $350 price lost for Bitcoin, the asset has remained relatively calm around $11,350. Most larger-cap altcoins have also seized the free-falls with Ethereum trading near $370 and Ripple above $0.24. Bitcoin Sits Tight Around $11,350 News broke out yesterday that police officers had taken away the founder of the popular cryptocurrency exchange OKEx. Although the company reassured users that funds are safe on the platform, the negative news had an immediate...

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