Ripple (XRP)

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...

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...

The news comes as a relief to the Ripple community, which claims that the exchange medium can not be considered as a security.US-based tech firm Ripple Labs has ticked off an additional win in a court battle with the US Securities and Exchange Commission (SEC). As Ripple braves a lawsuit alleging it of deceiving sponsors about its XRP cryptocurrency, the District Court Judge has rejected SEC’s proposal to repress the removal of the William Henchman, SEC’S Division of Corporation Finance.In...

Litecoin price extended its decline below the $130 support zone against the US Dollar. LTC price is now trading below $132 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $133 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh decline as long as it is below the $132 and $135 levels in the near term. Litecoin price is struggling to recover above $132 against the...

The trading volumes remained low during the weekend once again, but bitcoin jumped by more than $1,000 in a day to a high of around $34,700. The alternative coins have also bounced off and reclaimed some ground, with BNB exceeding $330 and XRP spiking by 5%. Bitcoin Tops $34K Despite Minimal Volume The scenario in the past two weekends was quite similar, and we didn’t see much going on. As a result, the trading volume reached multi-month lows, according to data from...

Ripple price started an upside correction above the $0.6200 resistance against the US dollar. The price is now trading near the $0.6500 resistance and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.6600 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 $0.6500 and $0.6600 resistance levels. Ripple price is slowly recovering above $0.6200...

Bitcoin’s calm weekend continues as the asset has stalled in a tight range between $33,000 and $34,000. Most alternative coins are performing similarly with minor moves in either direction. Bitcoin Stalls at $33.5K Bitcoin tested $35,000 during the workweek but failed to breach it, and the bears pushed it down south. In a matter of days, the cryptocurrency fell by nearly $3,000, resulting in a two-week bottom of just over $32,000. Nevertheless, the trajectory reversed shortly...

Bitcoin has bounced off from the recent lows and added about $2,000 at one point, but the trading volume still remains relatively low. The alternative coins are untypically stable since yesterday. However, there’re a few exceptions, including an impressive surge by EOS following a significant announcement from Bullish. Bitcoin Took a Swing at $34K The past several days didn’t go well for the primary cryptocurrency. The asset was trying to break above $35,000 on Wednesday, but...

Bitcoin After another volatile week, Bitcoin is currently down 2% on the weekly. BTC rebounded from $33K on Monday and pushed higher to meet the upper angle of a symmetrical triangle pattern, as seen on the charts below. Unfortunately, BTC could not break out and quickly rolled over from there into $33,520 support on Tuesday. After another failed retest of the upper angle on Wednesday (at $35K), BTC heavily rejected and broke to the downside. Since the breakdown of the...

Litecoin price failed to continue above the $150 resistance zone against the US Dollar. LTC price is now trading below $140 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $136 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down if it breaks the $132 and $130 support levels in the near term. Litecoin price is slowly gaining pace below $140 against the US...