Ripple (XRP)

Despite the recent trend of developing countries gaining exposure to cryptocurrencies, buying digital assets like Bitcoin, Ethereum, and stablecoins isn’t easy at all in countries like Afghanistan. Since last August, when the Taliban seized power in the country, America-initiated sanctions have crippled domestic funds from being moved to international financial institutions. Meanwhile, due to the nation’s monetary and political instabilities, Afghans choose stablecoins over...

Ripple price started a fresh decline from the $0.7800 zone against the US dollar. The price is now trading below $0.70 and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $0.7400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend decline if there is a move below the $0.6800 support zone. Ripple price is struggling below $0.7000 against the US Dollar, similar to bitcoin. XRP...

XRP continues to slide downwards, following the overall bearish sentiment in the crypto markets. The price got rejected at the critical line of resistance of $0.92 and now heading towards low levels where support lies. Technical Analysis Technical Analysis By Grizzly The Daily Chart On the daily timeframe, despite the sudden spikes, it still seems that the sellers have the upper hand now. If we look at the past recent uptrends, we see that previous uptrends have occurred by...

After dropping below $40,000 earlier this weekend, bitcoin has been unable to reclaim that level despite a few attempts. The rest of the market is also relatively calm today, with ETH sitting beneath $3,000. Bitcoin Stalls Below $40K After the Monday crash, bitcoin went on the offensive and added several thousand dollars in about a few days. As a result, it broke above the January 2021 all-time high of $42,000 and kept climbing. This culminated in a price increase towards...

The adverse price developments continued in the past 24 hours, and bitcoin dropped below $40,000 for the second time this week. The alternative coins are also well in the red, at least most of them, but ApeCoin has defied the market sentiment and soared by double-digits. Bitcoin Lost $40K It was just a few days ago when the primary cryptocurrency spiked to almost $43,000, which became its highest price level in over ten days. This was a particularly impressive price tag...

Litecoin started a recovery wave above the $105 resistance against the US Dollar. LTC price is now trading above $105 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $112 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears $115 and $118 in the near term. Litecoin price is showing positive signs above $100 against the US Dollar, similar to...

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Ripple price started a fresh decline from the $0.8000 zone against the US dollar. The price is now trading below $0.76 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.7700 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend decline if there is a move below the $0.7200 support zone. Ripple price is struggling below $0.7800 against the US Dollar, similar to bitcoin. XRP...

XRP had a great end of the week, unlike the current sentiment of the crypto markets. Key Support level: $0.70, $0.58 Key Resistance levels: $0.85 XRP recovered well after touching the key support at $0.70 and rallied 10% on Friday. As usual, the current weekend sees almost no volume and not much price action. The next key resistance lies at $0.85 and could be tested soon if XRP opens the new week in green. Chart by TradingViewTechnical Indicators Trading Volume: The volume is...

The cryptocurrency market continues to be untypically calm, with bitcoin failing to make a decisive move while still standing above $40,000. Most of the altcoin space is in a similar position, except for Filecoin, which soared by double digits. Bitcoin Stands Still at $40K It was just over ten days ago when the primary cryptocurrency failed at $47,000 and started its gradual descent. In a matter of days, the asset found itself dropping to $45,000 and $43,000. Somewhat...