Ripple (XRP)

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...

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,”...

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...

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,...

Online cryptocurrency platforms have made it easy for customers to purchase well-known retail gift cards.With the holiday season just around the corner and Covid making Christmas extra digital this year, gift cards will be in high demand. However, wanting to pay in a certain cryptocurrency can be difficult when online shopping, with retailers not providing crypto payment options. So here’s a rundown of how to pay for gift cards using cryptocurrency platforms as a medium.Where Is the Crypto...

Following the recent roller-coaster that resulted in a few massive four-digit price movements, Bitcoin appears to have calmed north of the $18,000 price tag. The alternative coins also followed the volatility ride but have ultimately lost market dominance against BTC. More interestingly, Bitcoin has managed to reach an all-time high value in terms of its market capitalization, despite the price being lower than back in 2017. Bitcoin Calms After The Storm People use many words...

XRP/USD – Bullish Explosion Leads To XRP Hitting $0.3 Key Support Levels: $0.295, $0.29, $0.286.Key Resistance Levels: $0.3, $0.31, $0.321. XRP penetrated above a symmetrical triangle last week as it started to climb higher again slowly. The coin penetrated above resistance at $0.261 and pushed higher into the $0.271 level (bearish .618 Fib). The coin stalled here for a couple of days but managed to surpass it yesterday as it surged toward $0.29. Today, XRP continued higher...

David Schwartz, the chief technology officer at Ripple, has lost more than $300,000 after investing in assorted altcoins.David Schwartz Has Lost a Lot of Crypto in Recent YearsThe crypto space can be quite speculative. In fact, it is often said that people who choose to invest in crypto should be prepared (somewhat) to lose their entire investment. The volatility of cryptocurrencies and the vulnerability of the space to hackers and malicious actors are two of the biggest contributors to the...

Ripple price started a strong increase above the $0.2600 and $0.2650 resistance levels against the US dollar.The price rallied towards the $0.2780 level and settled well above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.2650 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair remains well bid and it seems like the bulls are eyeing more gains above $0.2750 and $0.2780.Ripple price is gaining pace above the...

XRP/USD – Bulls Finally Break October Range Key Support Levels: $0.27, $0.261, $0.251.Key Resistance Levels: $0.271, $0.28, $0.286. XRP surged by 6.8% over the past three days, which allowed the coin to break above the upper boundary of a 2-month-old range at $0.261. This resistance was provided by a bearish .5 Fib Retracement and prevented XRP from pushing higher during both September and October. After breaking $0.261, XRP continued higher to reach the $0.271 (bearish .618...