Ripple (XRP)

Over $20 billion of total market cap have disappeared in the past 24 hours as most cryptocurrencies are retracing heavily.Bitcoin lost $700 following a rejection at $12,000, Ethereum drops by 8%, as of now, following a 15% daily plunge at the peak (as of writing these lines).Polkadot becomes the top 5 cryptocurrency, enjoying Chainlink’s 10% loss.Bitcoin Dives By 5%Less than 36 hours ago, Bitcoin attempted another overtaking maneuver to surpass the coveted $12,000 mark. However, the bears...

Litecoin price is currently declining and trading below the $62.00 and $60.00 support levels against the US Dollar.LTC price is testing the $57.00 support zone and it is well below the 55 simple moving average (4-hours).There was a break below a major connecting bullish trend line with support near $61.45 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair must break the $60.00 and $60.50 resistance levels to move into a positive zone.Litecoin price is currently...

XRP climbed by a small 3% this week as it reached the $0.29 level.Toward the end of last week, the coin bounced higher from the .382 support at $0.264.Against Bitcoin, XRP penetrated above a falling trend line.XRP/USD – Bulls Bounced from .382 Fib SupportKey Support Levels: $0.28, $0.264, $0.256.Key Resistance Levels: $0.3, $0.313, $0.321.Since the start of August, XRP has mostly been trading within a falling price channel. Over the past fortnight, the coin had dropped beneath $0.3 and...

Ripple price started a decent recovery wave from the $0.2545 swing low against the US dollar.The price is currently trading above the $0.2700 and $0.2750 resistance levels.There was a break above a key bearish trend line with resistance near $0.2705 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to accelerate higher if it clears the $0.2920 and $0.3000 resistance levels.Ripple price is slowly moving higher above $0.2800 against the US Dollar. XRP price...

Following a few days of adverse price movements, most of the cryptocurrency market is recovering and is in the green today. Bitcoin is up to $11,500, Ethereum is trading above $400 for the first time since Tuesday. Even more impressive gains are evident from the lower-cap alts.Bitcoin Back Above $11,500The primary cryptocurrency saw its fair share of price dumps in the past few days. BTC even experienced quite volatile developments following an announcement from the US Federal Reserve...

BitcoinBitcoin saw a small 4% price drop this week as it headed into the $11,300 support (downside 1.272 Fib Extension). During the week, the coin broke beneath the August rising trend line. The bulls attempted to recover, but the previous support flipped into resistance and the buyers failed to overcome it.On Tuesday, Bitcoin plummeted by 6% from $11,770 to a low of $11,150 (.382 Fib Retracement). Luckily, the bulls pushed higher to close the daily candle above the $11,300 support (downside...

SBI FX Trade will become the first forex exchange firm in Japan to support CFD trading for cryptos, including BTC, ETH and XRP.The latest reports indicate that the Japanese financial giant SBI Holdings wants to launch contract-for-difference (CFD) trading for major cryptocurrencies. Starting on August 31, SBI will begin CFD trading services for crypto assets including Bitcoin (BTC), XRP, and Ethereum (ETH).Based on the official announcement, this new service will be offered via SBI’s foreign...

Despite Bitcoin’s tumultuous performance following an announcement of the US Federal Reserve regarding its new approach to average inflation targeting, the cryptocurrency has managed to stabilize around $11,400 where it’s currently trading at.Elsewhere, Chainlink and Polkadot are both in red but LINK has returned to the top 5 coins by market cap.Bitcoin Spikes And DropsAs CryptoPotato reported yesterday, the US Federal Reserve announced new plans to target inflation averaging 2% over time....

Litecoin price is currently trading in a bearish zone below the $64.00 and $60.00 levels against the US Dollar.LTC price is facing a major hurdle near $60.00 and the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $60.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair must break the $60.00 and $61.00 resistance levels to move into a positive zone.Litecoin price is currently following a bearish path against the US...

Police in Seoul has forayed the offices of one of the biggest crypto exchanges in South Korea, Coinbit. Allegedly the firm has faked more than 99% of its trading volume.Coinbit Banks Over $85MAccording to a recent news report, authorities stormed the offices of the company early today. The suspicion is that Coinbit has manipulated users, faking a large portion of its trading volume. This has allegedly earned the exchange $85 million in illegal income during the process.The Seoul Metropolitan...