Ripple (XRP)

Litecoin price found support near $170 and started a fresh increase against the US Dollar. LTC price is now trading above $200 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $190 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to rise towards $232 unless it fails to stay above the $190 level. Litecoin price is climbing higher above $200 against the US Dollar, similar to...

The latest developments in the US claiming that a Bitcoin ETF might be just around the corner pushed the cryptocurrency to $63,000 hours ago. Most altcoins have failed to follow their leader north, and the BTC dominance reached a near three-month high. Bitcoin Came $2K Away from ATH On October 13th – just three days ago – the primary digital asset had dipped below $55,000 after getting rejected at the $58,000 level. The situation quickly changed in the following days, and BTC...

Ethereum Ethereum managed to increase by 6.4% this week as it continues to climb higher inside an ascending price channel. The price channel formed at the start of October after ETH found support and reversed at $2800. Last week, ETH found resistance at $3600, causing it to fall into the support at $3400. It bounced from $3400 on Wednesday as it hit the lower boundary of the price channel. Yesterday, ETH managed to break $3600 and push higher into resistance at $3790 (bearish...

The blockchain-based digital payment company – Ripple – joined the Digital Pound Foundation to assist with the creation of a central bank digital currency. Incorporating with The Digital Pound Foundation According to a recent announcement, the enterprise blockchain provider will continue its involvement in CBDC projects by joining the Digital Pound Foundation. Launched on October 14th by a group of founding members, the latter is an independent forum aiming to support the...

Key Support level: $1 Key Resistance level: $1.2  The XRP price action is caught between support and resistance or $1 and $1.2. The pressure is building up, and XRP appears to be ready to explore higher levels. For that to happen, though, price has to break above $1.2 with confidence and increasing volume. The price has also formed a parabola (in yellow) stretching back to March 2020. As long as it doesn’t break below it, then the bias remains bullish on XRP. Chart by...

Litecoin price found support near $160 and started a fresh increase against the US Dollar. LTC price is now trading above $170 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $172 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to rise towards $200 unless it fails to stay above the $162 level. Litecoin price is recovering higher above $170 against the US Dollar, similar to...

XRP/USD – XRP Falls Into Price Channel Support. Key Support Levels: $1.05, $1.00, $0.95.Key Resistance Levels: $1.10, $1.20, $1.25. XRP found support at $0.875 (.618 Fib & 50-day MA) toward the end of September and ended up rebounding from there. After this, XRP started to form a short-term ascending price channel in October, which allowed it to break the 50-day MA at $1.10 and reach as high as $1.25 (Feb 2018 highs). Unfortunately, the bulls were unable to close above...

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If you are one of the investors who look at statistics before venturing into any trade, odds are you would have come across some mind-boggling information in your time. One such interesting statistic is the number of successful cryptocurrency traders. According to studies, only about 5% of all crypto traders are successful in the long term. So, why is crypto trading “hard” for the average investor? How can the Dohrnii Foundation change this? Market insights are crucial...

Ripple price started a steady increase above the $1.00 resistance against the US dollar. The price is now trading above $1.10 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.120 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue higher as long as it is above the $1.10 support zone. Ripple price is showing positive signs above $1.10 against the US Dollar, similar to...