Ripple (XRP)

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Polygon. Ethereum (ETH) Ethereum has shown indecision in the past week. This allowed sellers to take over the price action, which ended the week with a 5% loss. Despite this correction, the cryptocurrency remains above the key support at $1,820. The current resistance is found at $2,000. ETH tried several times to turn this key level into support, but buyers were not strong enough, and the price fell...

The landmark victory for Ripple in its lawsuit against the U.S. Securities and Exchange Commission (SEC) may have ignited a bull market for neighboring altcoins, according to a recent report from CryptoQuant. The crypto market intelligence firm provided a series of stats reflecting growth in altcoin market activity over the past week, versus relative stagnancy within the Bitcoin (BTC) and Ethereum (ETH) markets. The Return of Alt Season When analyzing price performance based...

Litecoin is showing bearish signs and trading below $100 against the US Dollar. LTC price is now trading below $95 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $93.80 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase if it clears the $95 resistance zone. Litecoin price is struggling below $95 against the US Dollar, similar to Bitcoin. LTC price...

[unable to retrieve full-text content]CoinspeakerXRP Futures Hit New Open Interest Record for 2023 Open interest on XRP futures has set a new record over $1.1 billion as the community continues to celebrate Ripple's win against the SEC. XRP Futures Hit New Open Interest Record for 2023

Brad Garlinghouse – the CEO of leading crypto platform Ripple – is confident his company is going to put the Securities and Exchange Commission (SEC) in its place. Where Will Ripple Stand? Not long ago, the SEC announced its plans to sue Ripple and charge it with securities violations. This isn’t the first time something like this has happened. There have been many crypto companies over the years that have fallen victim to the financial agency, but many of them...

[unable to retrieve full-text content]CoinspeakerCoinbase CEO Brian Armstrong to Meet with Democrats over Crypto Regulation Armstrong will be speaking to over 100 Democrats, who are members of a group called the New Democrat Coalition. Coinbase CEO Brian Armstrong to Meet with Democrats over Crypto Regulation

Major altcoins saw another strong correction as the global crypto market cap shrank by 0.5% over the past day. Solana plunged 4% over the past 24 hours, while Cardano fell close to 2% over the same period. The crypto market is facing a choppy week ahead as the threat of an SEC appeal against the recent Ripple ruling becomes more likely. Despite the bearish conditions, several tokens remain bullish due to their high utility. Launchpad XYZ is one such project that has recently...

XRP – the native token of Ripple – has been one of crypto’s best performers ever since the enterprise blockchain provider notched a landmark win in its legal battle against the US Securities and Exchange Commission (SEC). According to Kaiko, XRP trades have recently comprised 21% of the total crypto trading volume, leaving BTC in second position with 20%. Ripple’s court victory acted as a catalyst for the native coin of the organization, which has soared by over 55% in the...

This week, the crypto market has exhibited significant volatility, with major coins like XRP and Stellar Lumens first seeing large gains, then experiencing sharp pullbacks. This volatility has yet to impact the progress of the crypto analytics project yPredict, which is currently in the midst of a highly-successful presale phase. However, with attention back on the crypto market, projects new and old are benefiting from renewed investor interest – setting the stage for a...

Ripple price started a downside correction from the $0.9450 zone against the US dollar. The price is now trading above $0.650 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.775 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.780 resistance. Ripple price is consolidating near $0.750 against the US Dollar, similar to Bitcoin. XRP...