Ripple (XRP)

After a relatively calm weekend without any major price developments and following a retest of the $11,400 support on Friday, Bitcoin slowly recovers. It is currently trading around $11,700. Large-cap altcoins follow Bitcoin as ETH getting closer to $400 once again.After Friday’s crush, this is the day of the low-caps altcoins.Contrasting Altcoin MovesEthereum and Ripple display somewhat similar performances in the past few days lacking significant fluctuations, slightly up judging by the...

Ripple price declined steadily, but it is holding the $0.2740 support zone against the US dollar.The price is currently attempting a decent recovery above the $0.2800 resistance zone.There was a break above a major bearish trend line with resistance near $0.2860 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is facing an uphill task near the $0.2950 resistance and the 55 simple moving average (4-hours).Ripple price is slowly moving higher above $0.2800 against...

Bitcoin and most large-cap altcoins have recovered from yesterday’s price dives. However, most altcoins are still far from their last week’s all-time highs.Bitcoin Back To $11,600The largest cryptocurrency by market cap dipped to the $11,400 support following another unsuccessful attempt to reclaim $12,000. The nosedive seemed somewhat steep, and speculations rose that BTC may be aiming to close a CME gap at $9,600.BTCUSD. Source: TradingViewAs CryptoPotato reported, Bitcoin futures...

Most of the cryptocurrency market is in red today. Bitcoin tanked to $11,400 briefly, but large-cap alts are losing more substantial chunks of value, thus helping BTC to reclaim some ground in terms of market domination.Bitcoin Drops FurtherBTC looked promising yesterday as the asset headed for another face-off with its well-known nemesis at $12,000. It hovered just beneath it for a while, but the bears took control and didn’t allow even to touch that psychological level.In the next few...

BitcoinBitcoin continued its sideways movement this week as it remained around the $11,600 level. However, during the week, the cryptocurrency did push higher as it penetrated above the $12,000 resistance to reach the $12,400 level.Unfortunately, it was unable to sustain these highs as it rolled over to fall beneath $12,000 at the start of the week. Bitcoin has since dropped further as it reached the support at $11,650 (.236 Fib Retracement). A rising trend line also bolsters this support.The...

The American delegate from Minnesota Tom Emmer hosted the first “Cryptocurrency Town Hall” where he said Ripple’s XRP is not a security urging lawmakers to make policies that support growth in the blockchain and cryptocurrency sectors.On August 20, the American delegate from Minnesota Tom Emmer hosted the first “Cryptocurrency Town Hall”. That event was organized together with the PAC of the Chamber of Digital Commerce. Most of the attendees were the innovators in the crypto industry. They...

The cryptocurrency market has recovered from some of the losses it registered in the past few days. Bitcoin is up by 1%, while some altcoins are marking impressive double and even triple-digit gains with OMG Network leading the pack.Altcoins With Massive MovesThe altcoin market became accustomed to significant fluctuations, and the past 24 hours don’t disappoint. One alt stands above all – OMG Network. OMG has exploded in value in the past few weeks and especially since yesterday, when the...

Revised data from Messari and Coin Metrics shows that USDT has once again displaced XRP as the third-largest crypto by market cap. USDT growth shows the increasing role of stablecoins in the industry.Leading stablecoin Tether (USDT) has unseated XRP for the second time in a month as the third-largest cryptocurrency by market capitalization. This apparently recurring milestone comes according to the updated ranking on crypto analytics platforms Messari and Coin Metrics.As per Coin Metrics,...

Litecoin price started a major downside correction from the $69.00 swing high against the US Dollar.LTC price is currently holding the key $60.00 support zone and the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $62.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could rise again, but the bulls need to clear the $65.00 resistance for a sustained upward move.Litecoin price is holding a couple of important...

Ripple executive explained that XRP is not a rival to stablecoins and CBDCs in international settlements.Ripple’s senior director of global operations Emi Yoshikawa has revealed in an interview that the XRP coin was not designed to compete with Central Bank Digital Currencies (CBDCs) and Stablecoins, rather, it is complimentary. She noted:“There are various types of crypto assets, but I think that the role of XRP as a bridge asset in international settlement is not a competition with...