BitcoinBitcoin saw a 5% price rise this week as it reached the $11,750 level. The cryptocurrency started the week at the $11,400 level as it pushed higher into $12,095 on August 2nd. From there, Bitcoin experienced some major volatility as it dropped by $1,400 in just a few minutes to fall into the $10,575 (.5 Fib Retracement) level.Bitcoin rebounded from there and started to grind higher again over the week as it reached the $11,750 level today.Looking ahead, if the buyers push higher, the...
Read More »Ripple’s $0.3 Sideways Action May End With a Huge Move (XRP Price Analysis)
XRP saw a strong 23.5% increase this week as it climbed as high as $0.321.The coin has dropped slightly as it trades at $0.30.Against Bitcoin, XRP reached as high as 2800 SAT before falling into the 2555 SAT support.XRP/USD: XRP Bulls Find Resistance at Bearish .886 Fib RetracementKey Support Levels: $0.3, $0.291, $0.28.Key Resistance Levels: $0.313, $0.321, $0.331.XRP saw a massive push this week as it surged above $0.3 to reach as high as $0.321 (bearish .886 Fib Retracement). More...
Read More »Bitcoin Price Stopped At $11,800, Altcoins Got a Hit (Market Watch)
Bitcoin has recovered some of its dominance over the market in the past 24 hours after breaking above $11,600. At the same time, large-cap altcoins have calmed and even taken a hit, but fluctuations are evident among lower-cap alts.Bitcoin Moves AheadAs CryptoPotato reported a few days ago, Bitcoin’s price chart was forming a bullish reversal pattern suggesting a possible increase. At the time, BTC was trading at about $11,200 – $11,300, where it stood for a bit longer. In the past 24 hours,...
Read More »Crypto Price Analysis August 5: BTC, ETH, LTC, XRP, BCH
A long-expected growth of volatility finally came and a lot of cryptoassets left their respective sideways channels.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.Right now, they are steadily growing and demonstrating excellent dynamics. On shorter times frames, many assets are forming different patterns in favor of further bullish tendencies. For bulls,...
Read More »SOS-Kinderdorf: Erste grosse Schweizer NPO akzeptiert Kryptospenden
Bitcoin, Ripple oder Ethereum spenden: Mit Kryptowährungen kann man bei SOS-Kinderdorf ab sofort in die Zukunft von Kindern in Not investieren. Corona-bedingt sind Bitcoin und Co. gerade wieder im Aufwind. Als erstes grosses Hilfswerk der Schweiz bietet SOS-Kinderdorf die Möglichkeit Kryptowährungen zu spenden. Die wirtschaftlichen Unsicherheiten aufgrund der Corona-Pandemie verhelfen den Kryptowährungen derzeit wieder zu einem...
Read More »LINK Paints Fresh ATH Above $9 While BTC Dominance Bleeds (Market Watch)
Green dominates most of the cryptocurrency market with some impressive gains from Ripple, Tezos, and Chainlink as LINK even marked a fresh all-time high. Bitcoin’s unsuccessful attempt to conquer $11,500 has pushed the asset down to $11,300Altcoins Rejoice, LINK ATHSpeculations for а revived altcoin season emerged today as the majority of alts have increased their value in the past 24 hours. The second-largest cryptocurrency market continued its impressive 2020 summer with another 2%...
Read More »XRP Price Above $0.31, Ripple Labs Improving XRP Market Liquidity
XRP price is up 7% at the time of writing. The coin’s price seems to be benefiting both due to FOMO action and RippleNet performance.XRP Ledger native coin XRP has broken out of a multi-week falling trend. At the time of writing, XRP that is widely used by Ripple in its solutions, was trading slightly above $0.31, with the bull seeming in control of the price in the coming days.In the past seven days, the asset rose over 40% and jumped over 7% at the time of writing. The rise is double the...
Read More »XRP Stable Above $0.30 Despite Bitcoin’s Rollercoaster (Ripple Price Analysis)
XRP saw a strong 40% price explosion this week as it reached the $0.3 level.Despite Bitcoin’s recent price drop this weekend, XRP remained above $0.3.Against Bitcoin, XRP created a fresh 3-month high as it hit 2720 SAT.XRP/USD: XRP Bulls Remain Strong After Crypto Market DropKey Support Levels: $0.291, $0.28, $0.268.Key Resistance Levels: $0.313, $0.321, $0.331.XRP saw an extraordinary month since breaking above the 200-days EMA at $0.21 toward the end of July. After overcoming this level, it...
Read More »Market Watch: Altcoins On Fire As Bitcoin Dominance Taps Yearly Lows
Following the wild weekend ride in the cryptocurrency market, the situation appears less volatile now, at least among most large-cap assets. Bitcoin has returned to $11,200, while Ethereum hovers above $380. Some lower-cap altcoins, however, are displaying high fluctuations again.A Breath Of Stability For BitcoinThe weekend was nothing short than volatile for the primary cryptocurrency. On Saturday, Bitcoin went on a bull run and marked a new yearly high of above $11,700. Although it retraced...
Read More »Ripple Price Analysis: Rally Could Gather Pace Again Above $0.30
Ripple price rallied significantly above the $0.3000 and $0.3100 levels against the US dollar.The price corrected lower sharply from $0.3260, but the bulls defended $0.2720.There are two key bullish trend lines forming with support near $0.2850 and $0.2785 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to resume its upward move once it clears the $0.2980 and $0.3000 resistance levels.Ripple price is trading in a strong uptrend above $0.2720 and $0.2800...
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