XRP saw a sharp 4.7% price drop today as it trades at $0.204.The coin has been trapped within a descending triangle pattern for the past month with a support floor at $0.192.Against Bitcoin, XRP continues to trade at the 2-year lows as the buyers battle to defend it from slipping further.Key Support & Resistance LevelsXRP/USD:Support: $0.192, $0.18, $0.175.Resistance: $0.215, $0.22, $0.225.XRP/BTC:Support: 2100 SAT, 2070 SAT, 2050 SAT.Resistance: 2200 SAT, 2300 SAT, 2360 SAT.XRP/USD – XRP...
Read More »Analysis: Tether (USDT) Transfers to Exchanges Reached New ATH As Bitcoin Surged Above $10,000
Recent data revealed that the number of Tether (USDT) transfers to cryptocurrency exchanges had reached an all-time high. Interestingly, this preceded the latest price increases within the cryptocurrency market.USDT Goes To ExchangesAccording to the data provided from the monitoring resource company, GlassNode, the number of Tether transfers to exchanges has been surging in the past few weeks. The deposits, measured by a 7-day simple moving average (SMA), recently reached a fresh ATH.Number...
Read More »#895 BTC am Donnerstag interessant, Western Union Übernahmeangebot MoneyGram & Einfluss der USA Unruhen auf Bitcoin
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 895. Heute sprechen wir über folgende Themen: Der BTC Markt wird am Donnerstag erst „interessant“, Western Union Übernahmeangebot für MoneyGram & Einfluss der USA Unruhen auf Bitcoin. 1.) Analyst: Der Bitcoin-Markt wird durch diese Änderung am Donnerstag erst „interessant“https://coin-update.de/analyst-der-bitcoin-markt-wird-durch-diese-aenderung-am-donnerstag-erst-interessant/ 2.) Wie werden die Unruhen in...
Read More »Ripple Price Analysis: XRP Eyeing Upside Break Above $0.21
Ripple price started a decent increase and moved above the $0.2000 resistance against the US dollar.The price is now trading above the $0.2025 level and it is facing hurdles near $0.2065 and $0.2130.There is a major bullish trend line forming with support near $0.2015 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to accelerate higher if it clears the $0.2100 resistance zone in the near term.Ripple price is trading in a positive zone above $0.2000...
Read More »XRP Finally Makes It Above $0.20 But Can The Bulls Sustain Momentum? Ripple Price Analysis
XRP climbed by 3.5% today as it managed to reclaim the $0.2 level.The cryptocurrency is trading at the 100-days EMA resistance and remains within the descending triangle.Against Bitcoin, XRP is trading near 2-year-lows, but the buyers are attempting to push higher.Key Support & Resistance LevelsXRP/USD:Support: $0.2, $0.192, $0.18.Resistance:$0.215, $0.225, $0.235.XRP/BTC:Support: 2100 SAT, 2070 SAT, 2050 SAT.Resistance: 2200 SAT, 2250 SAT, 2300 SAT.XRP/USD – XRP Approaching Triangle...
Read More »Crypto Price Analysis & Overview May 29th: Bitcoin, Ethereum, Ripple, Tezos, and Chainlink
BitcoinBitcoin saw a small 3% price increase over the past seven days as it currently trades around the $9,433 level. The cryptocurrency had started the week off by dropping beneath $9,000 and reaching the support at the rising trend line. Luckily, the buyers managed to defend this support to prevent BTC from slipping into a bearish trend.Bitcoin rebounded from the rising trend line over the past three days as it breached the $9,000 resistance again and continued as high as $9,600. It has...
Read More »Chris Dunn Trader’s Digest: Bitcoin To $150K Post-Halving, Crypto Investing Methodology, Tips, And More
If you were into Bitcoin and crypto for at least five years, the name Chris Dunn would probably sound familiar to you.The 35 years old Texas boy was one of the first crypto YouTubers. As of writing these lines, his popular channel has more than 200,000 subscribers since its first uploaded video, somewhere in 2013.Personally, I learned a lot about crypto and trading from Chris; that’s why I was eager to interview him for CryptoPotato.In the following interview, Chris Dunn shares his attitude...
Read More »XRP Reaching Decision Point As Bitcoin Surges To $9,500, Where To Next? Ripple Price Analysis
XRP dropped by a small 1% today as the coin continues to struggle to find ground above $0.2.The cryptocurrency continues to consolidate in the descending triangle formation as it approaches the apex.Against Bitcoin, XRP dropped by a nasty 3% today, which could be a sign that XRP/USD might fall out of the triangle soon.Key Support & Resistance LevelsXRP/USD:Support: $0.192, $0.18, $0.175.Resistance: $0.207, $0.215, $0.225.XRP/BTC:Support: 2070 SAT, 2050 SAT, 2022 SAT.Resistance: 2100 SAT,...
Read More »Bitcoin Struggles To Maintain $9000 As THETA Plunges 20%: Thursday’s Market Watch
The past few days have been relatively exciting in the cryptocurrency market. Bitcoin managed to reclaim the $9,000 level but it appears that bulls might be running out of steam. At the same time, despite the fluctuations in its price, large-cap altcoins failed to make any serious advances as most of them remain more or less break even against Bitcoin.Bitcoin Struggles Above $9,000Bitcoin has been playing with the $9,000 area quite a bit in the last few days. Yesterday, the cryptocurrency...
Read More »Litecoin (LTC) Price Analysis: Facing Key Hurdles Near $45
Litecoin price found support near $41.50 and it is currently correcting higher against the US Dollar.LTC price is likely to face a lot of hurdles on the upside near $44.50 and $45.00.There is a major bearish trend line forming with resistance near $45.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could struggle to clear the $45.00 resistance, above which it might rally to $48.80.Litecoin price is showing signs of an upside correction against the US Dollar,...
Read More »