Ripple price started a strong increase above the $0.3000 and $0.3550 resistance levels against the US dollar.The price gained over 40% in the past few days and settled above the 55 simple moving average (4-hours).There is a key bullish continuation pattern forming with resistance near $0.4740 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to start another surge if it clears the $0.4750 and $0.4800 resistance levels.Ripple price is trading in a nice...
Read More »Altcoin Season Brewing as Bitcoin Price Stalls and Dominance Takes a Beating (Market Watch)
Bitcoin’s volatility continued over the weekend with a few $1,000 moves taking it from a high of $18,800 to $17,700 and back. The altcoins, however, have kept their recent momentum going and have reduced BTC’s dominance over the market to about 63%.Bitcoin’s Volatile WeekendThe primary cryptocurrency displayed increased signs of volatility during the weekend. It started with charting a fresh yearly high on Saturday at nearly $19,000.After coming just inches away from breaking the 2017...
Read More »Market Watch: XRP and ETH Steal The Show As Bitcoin Retracing $700
After almost touching $19,000 for the second time, Bitcoin has calmed and retraced below $18,500 (as of writing these lines). At the same time, most alternative coins have doubled-down on their recent gains. Ripple’s 60% weekly spike has helped the asset overcome Tether as the third-largest cryptocurrency by market cap.Bitcoin Slows Down After Doule-Top At $19KBTC’s latest impressive price developments led to a notable leg up yesterday and yet another fresh yearly high. This time, the asset...
Read More »XRP Up Almost 60% Weekly But Still 90% Below ATH (Ripple Price Analysis)
XRP/USD – Bullish Explosion Leads To 17 Month HighsKey Support Levels: $0.4, $0.388, $0.378.Key Resistance Levels: $0.42, $0.44, $0.457.Today, XRP surprised everyone as it exploded by a powerful 32.5%. The cryptocurrency started the day at $0.33 as it started to push higher to reach as high as $0.44. It has since dropped slightly to trade at $0.413.The cryptocurrency had been showing signs all month that it was ready to start a bull run, but nobody could have guessed this type of price...
Read More »Bitcoin Touched $19K: Ripple Explodes 25% To New 2020 High (Market Watch)
Bitcoin initiated another impressive leg that resulted in charting a fresh new 35-month high at nearly $19,000. Only a few percentages from December 2017 all-time high. The altcoins have also painted notable price pumps, including a 25% surge for Ripple.Bitcoin Is Less Than $1K From Its ATHJust about five days ago, Bitcoin was struggling with decisively overcoming the $16,000 price tag. However, the primary cryptocurrency went on a roll since then, which drove it to $18,500 a few days ago....
Read More »Bitcoin’s 14% Weekly Increase Eyes the ATH: The Crypto Weekly Market Update
Ignoring all known rules of gravity, Bitcoin has taken for the skies, and it shows absolutely no signs of slowing down. This week the cryptocurrency is up by another 14% and is currently trading just about 6% below its all-time high of around $20,000 reached in December 2017.The week started off fairly calmly, and some were even thinking that there is a correction incoming. This wasn’t the case, as right after the weekend, BTC started moving… up. It breached its former high on Wednesday and...
Read More »Crypto Price Analysis & Overview November 20th: Bitcoin, Ethereum, Ripple, Litecoin, and Polkadot
BitcoinBitcoin went through another powerful 15% price surge this week, which saw the cryptocurrency climbing over $18,000 and reaching as high as $18,800. It was trading at $16,400 last Friday, and it struggled to break this resistance over the weekend.This change on Monday, when Bitcoin started to surge higher. It quickly managed to push above $17,000 and break the resistance at the 2018 High at $17,186. The bull run continued higher throughout the week until resistance was found at around...
Read More »Ripple CEO Brad Garlinghouse: ‘I Want Bitcoin to Be Successful’
A series of significant price jumps have made Bitcoin dominance to escalate steadily over the last six weeks.Brad Garlinghouse reportedly revealed that during Fortune’s “Brainstorm” podcast held on November 19, Bitcoin is not competing with Ripple. He also said that he would continue holding a portion of the most popular cryptocurrency.“I don’t view what Ripple is doing as somehow competitive with Bitcoin. I hold Bitcoin. I want Bitcoin to be successful. […] I do think all boats will rise,”...
Read More »Following 20% Weekly Increase, What’s Next for XRP? (Ripple Price Analysis)
XRP/USD – Buyers Struggling To Close Above $0.3 But Remain Supported At $0.272.Key Support Levels: $0.285, $0.272, $0.26.Key Resistance Levels: $0.302, $0.313, $0.321.On Tuesday, XRP surged as high as $0.321 (bearish .886 Fib Retracement). The sellers quickly pushed the market lower from here as they closed the daily candle beneath the $0.302 resistance (1.414 Fib extension).The buyers spiked back above $0.302 yesterday. However, the sellers stepped back in again to make sure the daily candle...
Read More »Litecoin (LTC) Price Analysis: More Upsides Possible Above $80
Litecoin price started a steady increase above the $70.00 resistance against the US Dollar.LTC price traded close to $78.00 and it settled above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $66.70 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to resume its rise if it clears the $76.00 resistance level in the near term.Litecoin price is showing positive signs above $70.00 against the US Dollar,...
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