Litecoin is consolidating losses near the $96 level against the US Dollar. LTC price is now trading below $98 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $97.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $97 and $98 resistance levels. Litecoin price is showing positive signs above $92 against the US Dollar, similar to...
Read More »XRP Lawyer Believes SEC Exploited Ripple’s Transparency to Target Brad Garlinghouse
John Deaton, a pro-Ripple lawyer representing thousands of XRP holders, believes the United States Securities and Exchange Commission (SEC) strategically capitalized on Ripple’s commitment to transparency and used it to target the company and its CEO, Brad Garlinghouse. The attorney shared his thoughts in response to a Twitter post by Delphi Labs’ general counsel Gabriel Shapiro about the use of Know Your Customer (KYC) systems in the crypto space. KYC for Large Crypto...
Read More »Ripple Price Analysis: XRP Could Struggle Above 0.485
Ripple price started a fresh decline from the $0.4950 zone against the US dollar. The price is now trading below $0.485 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.476 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.485 resistance zone. Ripple price is struggling below $0.485 against the US Dollar, similar to Bitcoin. XRP...
Read More »Bitcoin Price & Other Major Cryptos Are Stalling, But Traders Remain Bullish on These Tokens
As the crypto landscape continues to change, recent days have seen Bitcoin ($BTC), along with several other cryptos, experience a notable downturn. This downturn has caused ripples of concern throughout the market, with many traders now pondering whether the bullish momentum is over for now. However, despite the slump, several new tokens are emerging, offering a silver lining. Red Week for Crypto As Bitcoin Price Stumbles It’s been a difficult week for crypto traders thus...
Read More »XRP Lawyer Says Ripple’s Victory in SEC Lawsuit Could Render Investors’ Class Action Void
John Deaton, crypto lawyer and legal representative of XRP holders in the lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC), has disclosed that a recent class action brought against the company would most likely be made void if the firm wins the case. In a recent tweet, Deaton said the class action was the least of Ripple’s worries. Ripple’s Win in SEC Case to Nullify Class Action The class action in question was granted certification by Judge...
Read More »Will XRP Crash to $0.40? Bears Maintain Control (Ripple Price Analysis)
Ripple’s price action has been choppy lately, especially against USD. Against BTC, though, things are looking interesting in the short term. Technical Analysis By: Edris XRP/USDT Daily Chart: Against USD, the price has been consolidating in a narrow range between $0.45 and $0.5. The 50-day moving average, currently around $0.5, is currently pushing the cryptocurrency lower. If XRP drops toward the $0.43 level, the 200-day moving average near that price is expected to provide...
Read More »Unhappy Staff: Binance, Coinbase, and Gemini Rank Low in Job Satisfaction
[unable to retrieve full-text content]CoinspeakerUnhappy Staff: Binance, Coinbase, and Gemini Rank Low in Job Satisfaction Companies like Circle, Ripple, and the non-fungible tokens (NFTs) marketplace OpenSea have happier employees. Unhappy Staff: Binance, Coinbase, and Gemini Rank Low in Job Satisfaction
Read More »Litecoin (LTC) Price Analysis: Uptrend Intact Above $100
Litecoin started a downside correction from the $115 zone against the US Dollar. LTC price is now trading above $98 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $104.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $105 resistance. Litecoin price is correcting gains from $115 against the US Dollar, similar to Bitcoin. LTC price...
Read More »Understanding Crypto Liquidity Crisis Triggered by SEC’s Enforcement Actions: Report
The SEC’s subsequent enforcement actions, first against Ripple and XRP, followed by Binance and Coinbase, have contributed to the sufferings of other crypto exchanges from a liquidity standpoint. There has been a major shift in the CEX landscape that has already faced challenges following the FTX implosion. A new report suggested that a slow recovery in liquidity appears to have haunted the second quarter. Kraken: An Outlier The blockchain data provider Kaiko’s second...
Read More »Will XRP Explode Above $0.5 or Will The Correction Deepen? (Ripple Price Analysis)
After forming a bearish double-top pattern and undergoing a period of consolidation, Ripple’s price struggled to break below the 100-day moving average. However, it finally declined below the moving average, reaching $0.44. This decline indicates a bearish outlook for Ripple’s short-term prospects. Technical Analysis By Shayan AThe Daily Chart Upon analyzing the Daily Chart, it becomes evident that Ripple’s price exhibited high volatility around the crucial resistance level...
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Ripple (XRP)
