Ripple (XRP)

Bitcoin has been doing rather well as of late, but what about some of the world’s smaller coins? Assets like Ripple (XRP)?Ripple Is Doing Rather Well as of LateIt’s clear that bitcoin has been hogging up all the attention lately. The currency’s run all the way past the $19,000 mark is making a huge impact on traders and industry experts alike, but it the midst of all the hype and hoopla surrounding bitcoin and larger digital assets, it appears we’ve forgotten about some of the smaller...

XRP/USD – 33% Plummet Sees XRP Hitting $0.5 SupportKey Support Levels: $0.5, $0.45, $0.435.Key Resistance Levels: $0.55, $0.6, $0.65.XRP surged higher this week as it rallied into the $0.75 resistance level. Unfortunately, it was unable to break this resistance, which caused the coin to roll over yesterday. Today, the steep Bitcoin price drop caused XRP to head lower as it crashed into the support at the $0.5 level – provided by a .5 Fib Retracement.XRP spiked further beneath this to hit...

The cryptocurrency market experienced a massive nosedive today. $80 billion from the total capitalization were evaporated as Bitcoin plummeted below $17,000, while the altcoins had it even worse with notable double-digit price drops.The Red Sea Among The AltcoinsThe alternative coins enjoyed the past few weeks with some remarkable increases. This led to yearly records for many altcoins, including Ethereum reaching $620 and Ripple at nearly $0.90.However, the situation changed suddenly in the...

Litecoin price surged above $85.00 and traded as high as $94.09 against the US Dollar.LTC price started a sharp downside correction below $80.00 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $71.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains well supported as long as there is no close below the $70.00 support zone.Litecoin price is currently correcting gains from $94.00 against the US Dollar,...

Founded in 1999, SBI Group is a financial services company based in Tokyo, Japan. Apart from offering numerous traditional financial services, the SoftBank Group subsidiary announced today a new cryptocurrency-related endeavor.SBI Group has introduced a digital asset lending service through its cryptocurrency arm – SBI VC Trade.The statement informed that the platform, dubbed VC Trade Lending, will initially support only Bitcoin. However, plans include adding support for Ether (ETH), Ripple...

It looks like everyone has been so obsessed with bitcoin as of late that people have forgotten about some of the smaller coins that the asset is known to compete with. Currencies such as Ethereum, Litecoin, Ripple’s XRP and Chainlink.Ethereum and Smaller Assets Are Also BoomingTo an extent, we can’t blame individuals for looking away considering how well bitcoin has been doing. The currency has reached its highest point in three years and is presently trading for well over $18,500. At the...

The rally in the crypto-market undergoes as Bitcoin is only a few hundred dollars away from hitting its all time high. Bitcoin dominance is dropping drastically since November 18 providing enough space and volumes for the boost of altcoins. This week only Bitcoin dominance is down to 3.35%.Bitcoin dominance is in a downtrend since 2019 as more altcoins are introduced to the market.The November 18 drop of Bitcoin dominance boosted volumes to altcoins, such as Ripple and Ethereum. Both projects...

Global cryptocurrency exchange and digital asset management platform Bitrue has moved to strengthen the security of its daily XRP raffles by integrating Chainlink technology.Bitrue Implements Chainlink VRFChainlink’s Verifiable Randomness Function (VRF) was selected specifically by the Bitrue team to add tamper-resistant transparency to its daily random number lottery, where users can win a share of a 240,000 XRP prize pool.Using Chainlink VRF, every random number generated by users on the...

Although he remains bullish on Bitcoin for the long run, the self-proclaimed Bitcoin Televangelist Brian Kelly pointed out several reasons why BTC could be heading for a price correction.While speaking on CNBC’s Fast Money, Kelly warned investors that Bitcoin could just as easily drop to $12,000 before seeing new highs.FOMO In The Crypto Market?Bitcoin and the entire cryptocurrency market has enjoyed the past few months. BTC almost doubled its value since early October and is currently...

XRP/USD – XRP Rampage Continues As Bulls Target $1Key Support Levels: $0.65, $0.6, $0.55Key Resistance Levels: $0.718, $0.75, $0.8, $0.85, $0.89.The unprecedented XRP rampage continued today with another 25.8% price surge allowing XRP to hit $0.69 at the time of writing. The cryptocurrency had actually pushed as high as $0.84 during today’s trading session but has since dropped lower.This price explosion took everybody by surprise this week when XRP started to climb above $0.3. From there,...