Ripple (XRP)

After touching a multi-month high above $51,000, bitcoin has retraced slightly and currently stands around the coveted $50,000 mark. Most altcoins have also stalled on a 24-hour scale, except for Polygon, which has surged by roughly 20% in a day. Bitcoin Stands Around $50K Ever since the primary cryptocurrency recovered from its dip to $46,300 at the start of the month, the bulls have had control over the market. They pushed the asset to and beyond $50,000, as reported...

The Bitcoin bulls continued to push the cryptocurrency north in the past 24 hours, resulting in a multi-month high of just over $51,000. Most altcoins also performed well in the same timeframe, with ETH touching $4,000 for the first time since mid-May. Bitcoin Tapped $51K September didn’t start all that well for bitcoin as the asset fell to a multi-day low of $46,300 on Wednesday. However, this is where the situation quickly changed. The primary cryptocurrency started rising...

The legal case between the United States Securities and Exchange Commission (SEC) and the blockchain company Ripple Labs continues to intensify and this time, the regulator has been granted access to the payment processor’s employee Stack communications. A Win for the SEC As reported by Law360, the SEC earned the discovery win after US Magistrate Judge Sarah Netburn ordered Ripple to give the regulator access to more than one million Slack messages that were previously...

Ethereum Ethereum is up by a very solid 27% over the past week of trading as the cryptocurrency makes its way back to the $4000 level. The cryptocurrency was trading inside an ascending triangle pattern since hitting resistance at $3350 (bearish .618 Fib) earlier in August. On Tuesday, ETH finally surged beyond $3350 to reach $3400. It continued higher throughout the week and continued to surge today to reach the current $3975 resistance (1.272 Fib Extension). Looking ahead,...

Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network...

Litecoin price started a fresh increase above the $175 resistance zone against the US Dollar. LTC price is now trading above $180 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $174 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must stay above the $175 support to continue higher in the near term. Litecoin price is gaining pace above $180 against the US Dollar, similar to...

Bitcoin’s recent struggles continued in the past 24 hours as the asset dropped to a five-day low of around $46,500. In contrast, some alternative coins have been on the rise. Ethereum is a prime example as it jumped above $3,500 for the first time in more than three months. ETH Above $3.5K; DOT Spikes 10% It’s safe to say that most altcoins have been outperforming Bitcoin in the past few weeks. Ethereum, for instance, had dropped below $3,200 on Monday. However, the...

Amidst an ongoing legal tussle with the securities and exchange commission, Ripple defendants have fired back with a motion to expose the XRP holdings of SEC employees, a token they have alleged is an unregistered security. RIpple’s Recent Motion On August 27th, attorney James Filan unveiled Ripple’s new motion demanding the SEC to produce documents related to its own employees’ XRP holdings. The legal order comes in response to four previous meetings Ripple has had with the...

XRP/USD – XRP Falls Beneath 20-day MA and Forms Triangle. Key Support Levels: $1.10, $1.05, $0.92.Key Resistance Levels: $1.25, $1.28, $1.36. XRP failed to break $1.27 (bearish .618 Fib) last week on the third attempt to overcome the level. As a result, the coin started to fall throughout the week until support was found on Thursday at around $1.05, provided by the lower angle of the triangle. It rebounded from there over the weekend but could not break the upper angle of the...

Ripple price failed to settle above $1.30 and corrected lower against the US dollar. The price is now trading below $1.20 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $1.210 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down as long as it is below $1.200 and $1.205. Ripple price is holding gains above the $1.00 support against the US Dollar, similar...