Ripple (XRP)

Ripple price gained traction and it rallied above $1.20 against the US dollar. The price is now trading well above the $1.20 resistance and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $1.25 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to rise as long as it is above the $1.080 support zone. Ripple price is trading in a positive zone above $1.20 against the US...

Following a sharp retracement below $49,000, bitcoin has rallied up and reclaimed that particular level. Most altcoins have stalled since yesterday, except for Cardano. ADA has painted another fresh all-time high above $2.6. ADA’s Latest ATH; Alts Calm The alternative coins were all covered in green yesterday with impressive gains across the charts. Ethereum briefly exceeded $3,300 but has retraced slightly since then and currently sits below that level. Binance Coin, which...

Bitcoin initiated another impressive leg up in the past 24 hours resulting in breaking above $49,000 for the first time since mid-May. The alternative coins have joined the ride with notable gains, including an 8% surge from BNB and 10% increases from Polkadot and Solana. Bitcoin Neared $50K It was just two days ago, on August 19th, when the situation in the bitcoin landscape seemed rather negative. The asset had lost several thousand dollars of value in hours and had fallen...

Ethereum Ethereum saw a 5.4% price hike this week as the coin sits around $3200. It surged above $3200 last Friday to meet resistance near $3350, provided by a bearish .618 Fib Retracement level. Unfortunately, it could not overcome this level and ended up rolling over from there. Throughout the week, ETH headed lower as it slipped beneath $3000 until support was found on Wednesday at $2960, provided by a .236 Fib and bolstered by the 20-day MA. It has since bounced higher...

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XRP/USD – XRP Holds .382 Fib Support Key Support Levels: $1.10, $1.00, $0.928.Key Resistance Levels: $1.25, $1.36, $1.40. XRP has dropped a total of 18% since reaching $1.36 (1.618 Fib Extension) over the weekend. Despite this retracement, the coin is still up 11% over the week after surging from beneath $1.00. The cryptocurrency is currently trading inside a wide ascending price channel and is currently testing the support at the lower angle. It is further bolstered by a...

Litecoin price failed to clear the $188-$190 resistance zone against the US Dollar. LTC price is now trading below $170 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $176 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must stay above the $155 support to avoid more downsides in the near term. Litecoin price is correcting gains from $190 against the US Dollar, similar to bitcoin....

The bears have returned to the crypto market and have pushed bitcoin south to around $45,000. The alternative coins, which flew high recently, have struggled even more. ETH is close to breaking below $3,000, ADA is just above $2, and BNB is down to $400. Bitcoin Dropped to $44.5K Ever since the Saturday retracement in which bitcoin dropped below $46,000, the cryptocurrency’s price performance seemed rather healthy. In fact, BTC jumped and touched $48,000 on Sunday for the...

XRP/USD – XRP Rolls Over From $1.36 Resistance Key Support Levels: $1.19, $1.10, $1.00.Key Resistance Levels: $1.27, $1.36, $1.49. XRP has been on an impressive run since breaking the bullish flag pattern at the start of August. By the end of last week, it had already hit the $1 level. On Friday, it surged further beyond $1 as it broke the Feb 2018 highs at $1.25 on Saturday and reached as high as $1.36 (1.618 Fib Extension) yesterday. It has since rolled over from this...

Ripple price gained traction and it rallied above $1.00 against the US dollar. The price is now trading well above the $1.10 resistance and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $1.32 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to rise as long as it is above the $1.10 support zone. Ripple price is trading in a positive zone above $1.10 against the US...