Ripple (XRP)

BitcoinBitcoin is up by a cool 20% over the past week as it currently trades near the $35,700 handle. The number 1 ranked cryptocurrency had been trapped within a range for the majority of the week as it oscillated between $33,000 and $30,000.Looking at the larger picture, Bitcoin was trading within a descending triangle pattern since hitting the new ATH price at $42,000 in early January 2021. It had spiked beneath the lower boundary of this triangle at $30,000 throughout the week but managed...

The cryptocurrency market capitalization has exploded above $1 trillion as Bitcoin surged to $38,000 following a recent pro-BTC action taken by Tesla’s Elon Musk.The alternative coins joined the ride as well, including Ethereum touching $1,400 and XRP surging above $0.28.Bitcoin Touches $38K Following Musk’s EngagementCryptoPotato reported earlier that the primary cryptocurrency was struggling with maintaining its price above $32,000. While the bears were looming in, a compelling development...

Bitcoin has reclaimed the $30,000 price tag after another brief drop beneath it yesterday. Most alternative coins have also bounced off the lows as ETH has neared $1,300, while UNI jumped to a new all-time high.Bitcoin Swings Around The $30KFollowing an unsuccessful attempt to overcome $35,000 earlier this week, bitcoin started to gradually decrease in value. The adverse movements culminated in another price drop beneath the psychological $30,000 level, as CryptoPotato reported...

Litecoin price started a fresh decline below the $135 and $130 support levels against the US Dollar.LTC price is trading just above the $120 support and it is well below the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $136 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could correct higher, but it is likely to face many hurdles such as $135 and $140.Litecoin price is showing bearish signs below $135 against...

Ripple has already faced a similar case filed against it by the SEC, which alleges that the XRP token is a security and not a crypto asset.Ripple Labs is facing another imminent lawsuit as the crypto firm has been sued by Tyler Toomey, an XRP investor based in Florida.According to this new lawsuit, Toomey alleges that the payment protocol company broke laws guiding securities in Florida with its failure to properly register with the financial authorities of the state and selling its XRP token...

XRP/USD – XRP Holds Strong At Short Term .618 FibKey Support Levels: $0.25, $0.23, $0.22.Key Resistance Levels: $0.3, $0.32, $0.35.XRP has been relatively quiet in January after the disastrous move in December, which saw it collapse by over 75% from high to low. It managed to find support at $0.2 and started a very slow recovery, trading sideways in a symmetrical triangle pattern.Over the past three weeks, XRP has remained supported by a short term .618 Fib Retracement level at $0.263, which...

The lawsuit between Ripple and the Securities and Exchange Commission (SEC) is starting to heat up.Ripple Could Be Heading to a Point of No ReturnHere’s a little background on the case. Less than a month ago, the financial agency filed a civil suit against Ripple, which issues the fourth-largest cryptocurrency in the world known as XRP after bitcoin, Ethereum and Tether (a stable currency). The SEC is alleging that Ripple falls into the “securities” category and did not properly register its...

Ripple price is holding the key $0.2560 support zone against the US dollar.The price is still facing many hurdles near $0.3000 and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.2820 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could accelerate higher once it clears the $0.2820 and $0.2840 resistance levels.Ripple price is trading in a positive zone above $0.2560 against the US Dollar. XRP price must...

Bitcoin has failed to double-down on its recovery and has remained stagnant between $32K and $33K for the past day. Large and mid-cap altcoins, led by ETH, have charted gains against BTC, while the Bitcoin dominance continues its negative sentiment, dropping to approximately 63%.BTC Fails At Breaking Above $34KAfter bitcoin dipped beneath $29,000 earlier this week, the asset seemed to be headed for a quick recovery session as it has done before. Just yesterday, the cryptocurrency gained over...

The crypto space is tanking as of late. Bitcoin has fallen by about ten percent in the past two days, while Ethereum, Ripple, Cardano and Litecoin have all taken dips of anywhere between five and ten percent. However, not every asset is down in the doldrums at the time of writing. Some, such as Polkadot, have retained their high prices and appear poised for more gains in the coming weeks.Polkadot Continues to Thrive Like No Other CoinPolkadot is the provider of what’s known as the dot token,...