Ripple (XRP)

The Dogecoin mania continues to expand rapidly as recent research outlined the growth of Twitter engagements. The meme coin trails only to bitcoin and is well ahead of Ethereum, Cardano, Ripple, and Binance Coin. DOGE Second Only to Bitcoin Apart from NFTs, 2021 has been the year of Dogecoin so far. The meme coin has seen mass adoption from celebrities, companies, and, eventually, retail investors, and its value has skyrocketed. To be more precise, the Shiba Inu-inspired...

Altcoins continue to outperform bitcoin’s price and this week was no exception. One of the biggest winners over the past seven days was Litecoin, up more than 40%. Here’s how some other top coins performed and what to look forward to. Bitcoin Bitcoin is up by a total of 5.5% this week as it battles with $56,500 in an attempt to climb over the 50-days MA. It has struggled to surge above $58,000 so far in May as it fails to break above a short-term descending trend line. On...

As Ripple has stated, the surge in sales resulted from the increase in its On-Demand Liquidity (ODL) customers. Besides, it expanded XRP integration within several platforms.The first three months of 2021 turned out to be highly fortunate for Ripple, the company behind XRP. In the report released on Thursday, Ripple revealed it increased its XRP sales by 97% in the first quarter of 2021, it reached $150.34 million. In comparison, in Q4 2020, this figure was $76.27 million.Q1 2021 was...

Litecoin price started a strong increase above the $300 resistance against the US Dollar. LTC price is now trading well above the $300 level and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $300 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is correcting gains, but dips are likely to remain well bid above $300. Litecoin price is gaining pace above the $300 zone against the US Dollar,...

The growth of Dogecoin has already been super impressive, and many proponents expect it to grow further. Shiba-Inu-themed coin, Dogecoin (DOGE) has been on a tear for days, ahead of the Saturday Night Live (SNL) show which will feature the CEO of Tesla Inc (NASDAQ: TSLA) Elon Musk. Musk has self-installed himself as one of the major proponents of DOGE, often using his tweets to boost sentiment surrounding the digital currency. With the SNL show incoming, many are projecting the electric...

XRP/USD – Bulls Defend 20-days MA Key Support Levels: $1.40, $1.25, $1.10.Key Resistance Levels: $1.74, $1.98, $2.10. XRP had surged higher in the final week of April after bouncing from $1.00 to reach $1.74 on the last day of the month. There, it found resistance at a bearish .786 Fib Retracement, which it couldn’t overcome. In the first few days of May, XRP dropped each day until support was found at the 20-days MA yesterday, at around $1.40. The bulls defended this level...

The global adoption for the popular meme coin Dogecoin continues with the listing on the Winklevoss-run exchange – Gemini. At the same time, the token skyrocketed to yet another all-time high above $0.6 and it became the fourth-largest crypto, surpassing Ripple (XRP). CryptoPotato reported earlier today Dogecoin’s spectacular performance in this year, charting YTD gains of nearly 10,000%. However, that was hours ago, which in the cryptocurrency and Dogecoin, in particular,...

Ripple price started a steady increase above the $1.20 resistance zone against the US dollar. The price is now trading well above $1.50 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1.20 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a major increase if there is a clear break above $1.65 and $1.70. Ripple price is gaining pace above the $1.50 level against...

XRP/USD – Buyers Encountered Resistance Around $1.74 (bearish 0.786 Fib) Key Support Levels: $1.40, $1.25, $1.10. Key Resistance Levels: $1.74, $1.98, $2.10. XRP performed well this week after being able to surge by 48% according to CoinGecko. The coin bounced from support at $1.00 to reach as high as $1.74 on Friday. There, it found resistance at a bearish .786 Fib Retracement and a massive correction started towards $1.5. This aligns with the crypto market correction which...

After reaching a new two-week high of over $58,500, bitcoin has retraced slightly and currently trades around $57,000. Most altcoins have also marked minor losses on a 24-hour scale. Ethereum is among the few exceptions as ETH is closing down to $3,000. Bitcoin Stalls Around $57K As CryptoPotato reported yesterday, the primary cryptocurrency finally produced more decisive moves upwards. After trading in a range of around $54,000, bitcoin initiated an impressive leg up that...