Ripple’s recent price movement has been marked by extreme volatility, particularly following a breakout above the upper trendline of a sideways triangle pattern, reaching the critical resistance level of $0.66. This indicates a significant struggle between buyers and sellers, which will greatly influence Ripple’s future trajectory. By Shayan The Daily Chart Upon examination of the daily chart, Ripple’s price surge is evident as it breached a crucial resistance area...
Read More »Pro-Ripple (XRP) Lawyer Running for US Senate Receives Support From Cardano’s Founder
TL;DR Elizabeth Warren, known for her critical stance on cryptocurrencies, is challenged by pro-crypto attorney John Deaton in Massachusetts’ 2024 Senate race. Deaton’s campaign was backed by Charles Hoskinson – founder of Cardano and a well-known name in the digital asset industry. Rooting for the Crypto Guy 2024 is an election year in the United States, with the country choosing its next President and Senators. One particular battle – that of the state of Massachusetts –...
Read More »Shiba Inu Declines Briefly on Coinbase Following Price Surge of 50%
CoinspeakerShiba Inu Declines Briefly on Coinbase Following Price Surge of 50% Despite the morning sell-off, Shiba Inu quickly bounced back, showcasing its resilience and defying the odds. Shiba Inu Declines Briefly on Coinbase Following Price Surge of 50%
Read More »XRP Price Analysis: Bulls Aim For Surge To $0.70
XRP price is attempting a fresh increase from the $0.590 support against the US dollar. The price is now trading above $0.620 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $0.620 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.6500 resistance. XRP price is gaining pace above $0.620 against the US Dollar, like Bitcoin. It must stay above the...
Read More »Ripple (XRP) Price Poised for a Massive Breakout in March: Analysts
TL;DR Analysts predict a bullish future for XRP, expecting a substantial price increase to nearly $2 by July due to technical indicators and market factors. Optimism is fueled by Ripple’s legal developments and the Bitcoin halving event, with some predictions suggesting XRP could reach all-time highs beyond $5.85. Where Is XRP Headed? Ripple’s XRP has not recorded the same spectacular price ascents as other cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), Solana...
Read More »Shiba Inu (SHIB) Explodes 65% Daily, Dogecoin (DOGE) Follows Suit With 20% Surge (Weekend Watch)
Bitcoin’s price has calmed at around the $62,000 level after a noteworthy week in which the asset soared by over ten grand. However, the altcoins have resumed their bull run with massive gains from the likes of DOGE, SHIB, BCH, UNI, ADA, and others Altseason Incoming? Numerous reports emerged in the past week or so suggesting that the altcoins, which were outperformed by Bitcoin lately, could be on the verge of a price explosion, thus triggering the next altseason. This...
Read More »Bitcoin With a Monster Monthly Candle, Solana Explodes, Memes Soar: This Week’s Recap
What a week! Better yet, what a month! Did you know that Bitcoin has never had a month as good as February 2024? That’s right, the cryptocurrency closed its best-yet candle, and we haven’t even gone through the halving yet. The pre-halving anticipation of higher prices is palpable as spot Bitcoin ETFs continue to see outrageous inflows. The total cryptocurrency market capitalization exploded to $2.4 trillion (per CoinGecko) as BTC charted a 21.3% increase in the past seven...
Read More »Litecoin (LTC) Price Analysis: Bulls In Action Above $72
Litecoin started a steady increase above $72 against the US Dollar. LTC price is now trading above $74.50 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance at $70 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could rise further if it clears the $78.00 and $80.00 resistance levels. Litecoin price is showing positive signs above $75 against the US Dollar, like Bitcoin. LTC...
Read More »Ripple Partners Axelar to Boost Real-World Asset (RWA) Tokenization on XRP Ledger
Ripple partnered with the Axelar Foundation to boost interoperability within the XRP Ledger (XRPL) blockchain, with a specific emphasis on advancing the tokenization of real-world assets (RWAs). The integration of the Axelar network with the XRPL aims to strengthen the layer 1’s DeFi ecosystem by providing necessary liquidity for stablecoins and high-value assets. Meanwhile, the developers will benefit from leveraging the XRPL’s inherent features, such as its native DEX,...
Read More »Bitcoin-Preis auf 60’000
Der Bitcoin-Preis steigt auf 60'000. Der Bitcoin hat die 60’000 US-Dollar-Marke heute zum ersten Mal seit langem wieder überschritten. Die eigentliche Nachricht hierbei ist aber, dass die Chance für ein neues Allzeithoch in diesem Jahr besteht. Warum? Die Faktoren, die den Preis heute antreiben, sind ganz andere als die im Jahr 2021, und ich erwarte nicht, dass sie sich ändern werden. Einfach ausgedrückt: die Nachfrage von Privatanlegern und...
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