Litecoin is facing a major resistance near the $52.00 zone against the US Dollar. LTC price is now trading below $52.50 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $51.65 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a steady upward move if it clears the $52.00 and $52.50 levels. Litecoin price is struggling below $55 against the US Dollar, similar to bitcoin. LTC...
Read More »XRP Crashes 17% in 10 Days but is the Worst Yet to Come? (Ripple Price Analysis)
Ripple is currently in a correction following the recent positive price action. At the time of writing, XRP has lost around 17% of its value in the last ten days after failing to break above a long-lasting resistance level. Technical Analysis By Grizzly The Daily Chart XRP began its decline after failing to break through the overhead resistance zone at $0.5-$0.55 (in red) in two separate attempts. As a result, the bullish momentum faded, leading the pair into a symmetrical...
Read More »#1097 Das Ende von Nuri & XRP bekommt Ethereum Sidechain
1.) Das Ende von Nuri – Deutsches Krypto-Fintech wird abgewickelthttps://bitcoin-kurier.de/das-ende-von-nuri-deutsches-krypto-fintech-wird-abgewickelt/ 2.) XRP bekommt eine Ethereum Sidechain Über eine Ethereum-kompatible Sidechain sollen XRP-Entwickler nun auch die Vorteile der ETH-Blockchain nutzen können.https://www.btc-echo.de/videos/daily-news/ripple-xrp-bekommt-eine-ethereum-sidechain-152627/ 📱Mein Telegram-Kanal für exklusive Infos, Memes und...
Read More »Market Watch: Ripple (XRP) Plummets 12% Weekly While Crypto Market Stagnates
The start of the week begins with little-to-no substantial movements from most cryptocurrencies, as bitcoin has stalled around $19,000. The altcoins are slightly in the green, except for XRP. Aside from the daily price dip, the asset is down double-digits on a weekly scale. Bitcoin Calms at $19K BTC experienced a lot of volatility at the end of last week, when the US CPI numbers came out. Although they were almost as expected, bitcoin headed straight south, as it typically...
Read More »Despite the Recent Drop, is XRP Headed to $0.55 Again? (Ripple Price Analysis)
Ripple has bounced from its recent sharp decline, perhaps indicating that buyers are still controlling the market. This structure has provided another opportunity to retest the overhead resistance. Technical Analysis By Grizzly The Daily Chart: Although Ripple has not succeeded in its repeated attempts to break the resistance zone (in red), the positive momentum is still apparent in the market. The emergence of higher lows in the lower timeframe signals greater buyer...
Read More »Litecoin (LTC) Price Analysis: Indicators Signal Key Upside Break
Litecoin is facing a major resistance near the $55.00 zone against the US Dollar. LTC price is now trading below $53.50 and the 55 simple moving average (4-hours). There is a key declining channel forming with resistance near $53.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a steady upward move if it clears the $53.50 and $55.00 levels. Litecoin price is struggling below $5 against the US Dollar, similar to bitcoin. LTC...
Read More »Brad Garlinghouse on When He Expects the SEC v. Ripple Verdict
At an event for DC Fintech Week on Tuesday, the CEO of Ripple Labs, Brad Garlinghouse, noted that he expects the court to give its verdict on the case in the first half of 2023. “I think we’ll have an answer in the first half of next year. Whether that’s the first quarter or second quarter, we shall see,” he said. The Lawsuit Recall that the SEC officially sued Ripple in December 2020 over an alleged violation of securities laws. The regulator claims that the blockchain...
Read More »Ripple CEO Expects ‘Answer’ in SEC Suit by First Half of 2023
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Read More »Ripple Taps France and Sweden for ODL Expansion
San Francisco-based blockchain firm, Ripple, announced its first On-Demand Liquidity (ODL) customers in France and Sweden. According to the company, the European market is ripe for disruption with RippleNet-powered ODL. The main aim of the partnerships is to facilitate real-time payments across borders utilizing by Ripple’s financial technology – RippleNet – across the two regions. Ripple’s New Partners in France and Sweden As part of the deal in France, Ripple inked a...
Read More »Ripple (XRP) Skyrockets 20% in 14 Days: Here Are The Reasons Why
XRP has been one of the best performers in an otherwise stagnant and even declining cryptocurrency market where most of the coins are charting declines. The cryptocurrency is up over 20% measured from the lows on September 28th and the price it’s trading at the time of this writing, as seen in the chart below. Source: Binance via TradingViewThe SEC Lawsuit Going Well for Ripple One of the biggest variables in XRP’s future price performance lies within the outcome of the...
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