Ripple (XRP)

Litecoin price started an upside correction from the $150 support against the US Dollar. LTC price is just trading above $165 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $176 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must clear $176 and $180 to start a fresh increase in the near term. Litecoin price is struggling to clear $175 and $180 against the US Dollar, unlike bitcoin....

XRP/USD – XRP Trades Sideways In Range Key Support Levels: $0.828, $0.8, $0.75.Key Resistance Levels: $0.92, $1.00, $1.05. XRP has been inside a trading range between $1.05 and $0.8282 since the end of May. It bounced higher from $0.8282 (2020 highs) at the end of May and pushed into the $1.05 resistance (bearish .382 Fib) at the start of June. Since then, XRP dropped beneath the 20-day MA and traded lower until support was found at $0.8282. Although the market has spiked...

After reclaiming $40,000 for the first time in nearly three weeks, bitcoin kept climbing and even exceeded $41,000 briefly. Most alternative coins have stalled or retraced in the past 24 hours, which has helped BTC increase its dominance over the market. Bitcoin Sees a 26-Day High The past several days were quite bullish for the primary cryptocurrency. It started last week with positive news coming from El Salvador, after which BTC surged from $31,000 to about $35,000, where...

XRP/USD – XRP Battling To Defend 2020 Highs Key Support Levels: $0.828, $0.8, $0.75.Key Resistance Levels: $0.92, $1.00, $1.05. Last week, XRP fell beneath an ascending triangle pattern after dropping below $1.00. Over the course of the week, XRP crashed to $0.8 but has battled to close each daily candle above the 2020 high at $0.8282. It is now struggling to break above the 20-day MA at around $0.92, and this will be the first resistance to overcome as a signal that the...

Ripple price is trading above the key $0.8000 support zone against the US dollar. The price is now struggling to clear $0.9000 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.8600 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a major increase unless there is a clear downside break below $0.8000. Ripple price is trading in a bearish zone below $1.00 against the...

After yesterday’s price declines, bitcoin has calmed around the $35,000 price line. Most alternative coins are also somewhat stagnant on a 24-hour scale, aside from Polygon (MATIC). The asset has spiked by double-digits to $1.4. Minor Recoveries Among Alts: Polygon 15% Up The weekend didn’t start all that well for the altcoins market. The biggest altcoin, Ethereum, had already retraced from $2,600 to $2,500 before it went even further south to $2,250. Since then, ETH found...

After riding high for a few days, the bitcoin bears have regained control and pushed down the asset by a few thousand dollars to around $35,000. Most alternative coins have suffered even more severely, with ETH down to $2,300 and BNB to $330. Bitcoin Falls to $35K Bitcoin performed rather well in the past few days following bullish news from El Salvador, India, and some large corporations wanting to get a piece of the cryptocurrency pie. BTC spiked to a six-day high at...

It was a rather unfortunate week for the entire cryptocurrency market as most of the coins are trading in the red. Bitcoin is no exclusion, though it’s the one the best performer, relatively speaking, compared to major altcoins. Bitcoin Bitcoin is down by a small 4% over the past week as it currently sits above the 20-day MA at $37,000. The cryptocurrency saw an interesting week after testing $39,200 last week. There, it found resistance at a falling trend line and failed to...

Bitcoin continued with recovering the most recent losses and ever went further to a six-day high at $38,500 before calming down. Most altcoins, though, have failed to produce any gains, and BTC’s market dominance has jumped to 44%. Bitcoin Tapped 6-Day High After bottoming at $31,000 on Tuesday, the primary cryptocurrency started to reclaim its lost ground gradually. It spiked by around $3,000 on Wednesday, added another sizeable chunk on Thursday, and kept climbing higher in...

[PRESS RELEASE – Singapore, Singapore, 10th June 2021] Unbound Finance has secured $5.8 million in investment from leading crypto investors, including Pantera Capital and Arrington XRP Capital, to support the firm and become the first-ever decentralized cross-chain stablecoin.Unbound is aiming to create capital-efficient products that are both native and composable to the DeFi ecosystem. The liquidation-free collateralization platform allows users to borrow interest-free...