Ripple (XRP)

XRP dropped by a total of 3% today as the cryptocurrency falls beneath the $0.17 level.The coin managed to break above the previous ascending triangle but fell from resistance at $0.191.Against Bitcoin, XRP increased by 13% over the past 2-days as it trades at 2710 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.156, $0.147, $0.136.Resistance: $0.182, $0.191, $0.20.XRP/BTC:Support: 2650 SAT, 2600 SAT, 2525 SAT.Resistance: 2760 SAT, 2800 SAT, 2850 SAT.XRP/USD – Ripple Rise Stalled...

In the past seven days, bitcoin managed to add another 10% to its dollar-value as the price spiked from about $6,000 to its current point at $6,600. Yet, most of the time, it traded within a narrow range between $6,400 and $6,700. The overall volume has also declined, and, as such, the volatility decreased. If one thing is sure, though, is that Bitcoin doesn’t like to stay calm for long periods, and major action is likely underway.Most of the altcoins are following in Bitcoin’s lead and...

BitcoinBitcoin price increased by a total of around 10% this week as it blew past the $6,000 level to reach the resistance at $6,800. It did manage to spike as high as $7,000 but has failed to break above $6,800 for the past 4-days of trading and recently rolled over to reach $6,640.From above, the first level of resistance to break lies at $6,800. Above this, resistance lies at $7,000, $7,200 (bearish .5 Fib Retracement), $7,500, $7,700, and $8,000 (bearish .618 Fib Retracement &...

Ripple Labs is donating $200,000 to two different non-profits to help them amid teh spread of the COVID-19 at the time when scammers are looking for opportunities to cause problems too.Ripple Labs has donated about $200,000 to help halt the spread of coronavirus. The blockchain startup indicated this in a recent tweet. In these challenging times, Ripple is committed to being part of the global response to the COVID-19 pandemic. We’re starting in our own backyard with $100K donations each to...

XRP saw an 8% price increase over the last week as it trades for $0.161.The cryptocurrency is now trading within an acute ascending triangle pattern as it struggles to break above $0.171.Against Bitcoin, XRP created fresh lows for 2020 after breaking beneath 2455 SAT to reach 2360 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.16, $0.14, $0.136.Resistance: $0.171, $0.182, $0.191.XRP/BTC:Support: 2700 SAT, 2650 SAT, 2600 SAT.Resistance: 2410 SAT, 2360 SAT, 2290 SAT.XRP/USD: Ripple...

Litecoin price is slowly recovering and trading above the $36.50 support against the US Dollar.LTC price is facing a strong resistance near the $41.00 area.There is a major contracting triangle forming with resistance near $40.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could either start a strong rally above $41.00 or it might dive towards $32.50.Litecoin price is likely preparing for the next major move against the US Dollar, similar to bitcoin. LTC price...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 842. Heute sprechen wir über folgende Themen: 6 Billionen Stimulus Paket in den USA, China einen Schritt näher an digitaler Währung dank der Krise & XRP – Nach dem Dump ist vor dem Dump. 1.) The White House’s $6 trillion stimulus package is astronomically bullish for Bitcoin; here’s whyhttps://cryptoslate.com/the-white-houses-6-trillion-stimulus-package-is-astronomically-bullish-for-bitcoin/ 2.) Turning A...

The latest break below the three-month support could send Ripple to 2000 SAT level against BitcoinRipple needs to climb above the triangle’s resistance ($0.173) before considering a strong bullish price action.Across trading pairs, XRP failed to maintain correlation following the recent crash as price now moves in the opposite direction.XRP/USD: Ripple Looking For BreakoutKey Resistance Levels: $0.173, $0.214Key Support Levels: $0.141, $0.11XRP/USD. Source: TradingViewAfter recovering nicely...

Amid the latest price developments in the cryptocurrency market, Bitcoin’s dominance has increased to over 66%. Most alternative coins are in the red when compared to BTC’s 13% surge in the past 24 hours.BTC Dominance RisesBTC’s dominance index tracks the relative share of Bitcoin in the entire cryptocurrency market. During the numerous cycles over the years, it had swung from above 95% in the early years to below 33% in January 2018.The extreme levels of volatility in the past few weeks also...

The Bank of China went to the WeChat platform to highlight its concerns about Bitcoin. In a long post titled “3.15 protection of financial consumption rights and interest”, the bank warns the public on the risks of investing in Bitcoin.In a series of posts on WeChat, the Bank of China vehemently disqualified claims that Bitcoin can be classified as a safe haven, due to its high volatility especially in this period of coronavirus outbreak. The post which was titled, ‘3.15 protection of...