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Ripple (XRP)

Crypto Price Analysis & Overview July 23rd: Bitcoin, Ethereum, Ripple, Cardano, & Polygon.

Bitcoin Bitcoin saw a slight 2.3% price hike this week as it trades near $32,500. The cryptocurrency saw a very interesting week in which it spiked lower and produced a daily candle beneath $30K. It quickly rebounded from there and broke back above 30K to reach the 20-day MA at around $32,700. In doing so, BTC is now above a long-term descending wedge that it has been trading inside since mid-May. The coin was trading inside a descending triangle pattern at the start of the...

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Bitcoin Hit a Weekly High Around $33K: Crypto Markets Gained $230B in 3 Days (Market Watch)

After charting a $3,000 surge in a day, BTC continued slightly upwards again in the past 24 hours and reached a weekly high at approximately $33,000. Most alternative coins are in the green as well, with ETH nearing $2,100 and Polkadot registering a 7% increase. Bitcoin Touched $33K After the Monday crash in which the primary cryptocurrency dumped below $30,000, the bulls have kept complete control over the market. They firstly pushed the asset above that coveted level before...

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Ripple Price Analysis: XRP Bulls Regroup to Retest $0.6, Recovery Inbound?

XRP/USD – XRP Breaks June Price Channel Key Support Levels: $0.556, $0.515, $0.5.Key Resistance Levels: $0.61, $0.7, $0.757. XRP fell as low as $0.515 this week during the BTC spike beneath $30K. It quickly rebounded from there to break above the 2018 high at $0.556 yesterday. Today, the price hike allowed XRP to break the upper angle of a descending price channel. The cryptocurrency has been trading inside this price channel since the start of June. It made numerous attempts...

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Litecoin (LTC) Price Analysis: Chances of Steady Recovery Above $120

Litecoin price extended its decline below the $110 support zone against the US Dollar. LTC price is now trading below $120 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $114 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase above the $118 and $120 resistance levels in the near term. Litecoin price is attempting a recovery above $110 against the...

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A Review of VDollar — The Global BTC Trading Platform

Platform Name: VDollarURL: https://www.vdollar.io/Company: VDollar Exchange LTDLocation: Colorado, USALicense: FinCEN Money Services Business (MSB)Offerings:  Crypto Exchange, Crypto CFDs, Wallet ServiceSupported Cryptocurrencies:  BTC, ETH, DOGE, XRP, LINK, BCH, ADA, DASH,LTC, EOS, SHIB, FIL, TRX, YFII etc. Overview VDollar Exchange LTD is registered in Colorado, USA, and has the registration of MSB. It is under the jurisdiction of the United States and has three...

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Ripple Price Analysis: XRP Crashes Below 2019 Highs With a 6% Daily Loss

XRP/USD – XRP Rejected At Price Channel Upper Angle Key Support Levels: $0.5, $0.478, $0.331.Key Resistance Levels: $0.55, $0.62, $0.7. The 6% price fall today caused XRP to break beneath $0.55 (2019 highs). It has been trading inside a descending price channel since the start of June. Last week, the coin was rejected at the upper angle of this channel on numerous days. Today, XRP dropped below a short-term falling wedge established at the start of July. As a result, it can...

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Ripple Price Analysis: Risk of a Larger Decline Below $0.50

Ripple price is slowly moving lower below the $0.6200 support zone against the US dollar. The price is now trading well below the $0.6000 resistance and the 55 simple moving average (4-hours). There is a major declining channel forming with resistance near $0.5900 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a major increase if it clears the $0.6000 and $0.6200 resistance levels. Ripple price is struggling to recover above...

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Bitcoin Amid $32K as Markets Await GBTC Unlock (Market Watch)

While BTC’s price continues to trade in a range of around $32,000, all eyes are on today’s largest GBTC unlocking of over 16,000 bitcoins. On the other hand, some of the altcoins have bounced off since the recent price declines, with DOGE jumping by roughly 9% on a 24-hour scale. All Eyes on GBTC Unlocking After briefly exceeding $33,000 on Thursday, bitcoin started to retrace in value and lost about $2,000 in a day. The subsequent unsuccessful attempt by the bulls to recover...

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Bitcoin Reached a 3-Week Low as ETH Dips Beneath $1,900 (Market Watch)

Aside from a brief spike of over $1,000, bitcoin’s struggles continue as the asset is still well below $32,000. The alternative coins have also lost some more steam, with ETH standing beneath $1,900 and BNB close to breaking below $300. Bitcoin Dipped to a 3-Week Low BTC’s hurdles continue ever since the asset failed to breach $35,000 earlier this week. The bears took control over the market at that point and kept pushing it south. Initially, bitcoin decreased beneath...

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Crypto Price Analysis & Overview July 16th: Bitcoin, Ethereum, Ripple, Cardano, & Polkadot.

Bitcoin Bitcoin dropped by 3% this week, reaching as low as $31,000. The cryptocurrency popped above the 20-day MA on Sunday but quickly reversed and dropped beneath it on Monday. It found support mid-week at $32,700 but continued beneath there yesterday to reach $31,185 (downside 1.618 Fib Extension) today. The short-term chart provides a closer perspective of what is going on. It shows BTC trading inside a falling price channel since the start of July. When BTC broke the...

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