Ripple (XRP)

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...

The price of bitcoin went on another run in the past 24 hours and briefly exceeded $57,000 for the first time in five months. Most alternative coins seem left behind as BTC’s dominance continues to increase. Bitcoin Touched $57K It’s safe to say that BTC has returned to its bullish trajectory after it recovered from its sub-$41,000 dips two weeks ago. In the days that followed, the cryptocurrency added a significant chunk of value, broke above $50,000 for the first time in a...

Following yesterday’s price slide below $54,000, bitcoin has started increasing in value once more and has neared $56,000. Although some altcoins like XRP and DOT have charted notable gains in the past 24 hours, BTC’s dominance has also risen. Bitcoin Aims at $56K The primary cryptocurrency exploded above $50,000 on October 5th and hasn’t looked back since. Just the opposite, it has been mainly on the offensive, which resulted in tapping $56,000 a few days ago for the first...

After touching $56,000 for the first time in five months, bitcoin retraced slightly and currently stands around $55,000. Most altcoins continue with indecisive moves in either direction, except for Shiba Inu, which has gone on the offensive once more with a 35% daily surge. Bitcoin Stalls at $55K The past week or so showed once more how quickly the landscape could change in the cryptocurrency markets. Bitcoin entered October at around $45,000 after recovering $4,000 in days...

Bitcoin Bitcoin is up by an incredible 25.7% this week as the cryptocurrency surges beyond $55,000. The increase started at the beginning of October when it managed to break above a descending price channel and go above the 50-day MA. Since then, BTC surged higher during the week until it broke the September highs at $53,000 and met resistance at $55,400 on Wednesday. It did attempt to break above $55,400 today, reaching as high as $56,000 (1.414 Fib Extension) but is showing...

Litecoin price found support near $140 and corrected higher against the US Dollar. LTC price is now trading above $162 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $148 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to rise towards $200 as long as it is above the $162 level. Litecoin price is recovering higher above $160 against the US Dollar, similar to...

XRP/USD – XRP Pushes Back Above $1. Key Support Levels: $1.00, $0.9, $0.875.Key Resistance Levels: $1.10, $1.25, $1.30. Last week, XRP was trading inside a range between $1.00 and support at $0.875 (.618 Fib). It rebounded from the support on Wednesday, which allowed it to surge back above $1.00 on Friday. Unfortunately, the cryptocurrency could not pass resistance at $1.10 (50-day MA) over the weekend and has since dropped to $1.05, where it currently trades. A break above...