Ripple failed to breach the $0.55 resistance region and experienced a significant plunge of 26%, arriving at the crucial support level of the 100-day moving average. However, the price is likely to consolidate within this range, encountering significant support. Technical Analysis By Shayan The Daily Chart On the daily chart, following Ripple’s rejection from the $0.58 level, its price suffered a massive decline, experiencing a whopping 26% drop. However, XRP is currently...
Read More »EUROC: Bitstamp verschenkt digitale Euros
Bitstamp ist eine der ältesten Bitcoin-Börsen und wurde 2011 in Slowenien gegründet. Die Börse hat sich auf den Handel mit Kryptowährungen wie Bitcoin, Ethereum, Litecoin und Ripple spezialisiert und bietet Benutzern die Möglichkeit, diese digitalen Vermögenswerte gegen Fiat-Währungen wie US-Dollar, Euro und britische Pfund zu handeln. Die Plattform ist bekannt für ihre hohe Sicherheit und hat sich in der Vergangenheit als zuverlässig erwiesen. Bitstamp ist eine regulierte Börse, die in...
Read More »XRP at Crossroads, is $0.5 Coming or is Another Drop Imminent? (Ripple Price Analysis)
Ripple’s price was rejected from a key resistance level a few weeks ago, highlighting indecisiveness. Even so, there is still hope for the bulls that the rally is not over. Technical Analysis By: Edris XRP/USDT Daily Chart XRP’s price failed to break through the $0.55 resistance level and has been dropping since. The 50-day moving average is currently providing support near the $0.46 mark and is closely followed by the 200-day moving average at around $0.41. This confluence...
Read More »The SEC’s Case Against Ripple Could Result in a Massive Win for the Crypto Company
XRP – the native digital token of crypto firm Ripple – experienced a sharp price hike in late March after several investors and fans felt they had reason to believe Ripple could potentially win its ongoing court case with the Securities and Exchange Commission (SEC). Could Ripple Beat the SEC? The SEC has made a habit out of attacking virtually every single digital currency company over the last six or seven years. The agency is going after every firm that took part in...
Read More »Litecoin (LTC) Price Analysis: Bulls Face Uphill Task Near $92
Litecoin started a fresh decline below the $92 zone against the US Dollar. LTC price is now trading below $92 and the 55 simple moving average (4 hours). There was a break below a key rising channel with support near $96 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $92 resistance zone. Litecoin price is struggling below $92 against the US Dollar, similar to Bitcoin. LTC price could continue...
Read More »UBS Stock Falls 2% after Record of Slump in Q1 2023 Net Profit
The turmoil in the banking ecosystem from the United States as it concerns Silicon Valley Bank (SVB) stirred a ripple effect that was felt in Switzerland. The shares of Swiss multinational banking giant UBS Group AG (SWX: UBSG) are seeing a mild slump today after the firm revealed that its net profit for the first quarter took a significant hit. While still largely profitable, UBS said the net profit for the quarter dropped by 52% over the past year to $1.03 billion. UBS said the drop in...
Read More »Ripple Price Analysis: XRP Turns Red Below $0.50
Ripple price started a fresh decline from the $0.540 zone against the US dollar. The price is now trading below $0.500 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.5100 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.500 resistance zone. Ripple price is struggling below $0.500 against the US Dollar, similar to Bitcoin. XRP price...
Read More »9 Gründe, noch Heute einen Account bei Bitpanda zu ersellen
Bitpanda ist eine europäische Krypto-Exchange, die im Jahr 2014 in Österreich gegründet wurde. Seitdem hat sich das Unternehmen zu einem der führenden Anbieter von Kryptowährungen und Edelmetallen in Europa entwickelt. Bitpanda gehört zu den ganz Grossen und Bitpanda hat europäische Lizenzen. Es kann sich also lohnen, jetzt und heute noch einen Account bei Bitpanda zu erstellen und nicht erst dann, wenn der Kundensupport ausgelastet ist und der Bitcoin-Preis ein Allzeithoch feiert. Hier sind...
Read More »Abu Dhabi’s Financial Free Zone ADGM Proposes Legal Framework for DLT Markets
Abu Dhabi’s crypto and blockchain businesses are expected to grow exponentially and attract international investors, more so from the United States. The registration authority of Abu Dhabi Global Market (ADGM) has issued a consultation paper seeking feedback on its proposed new framework for distributed ledger technology (DLT) market and token issuance. The regulatory authority has set Friday, May 12 as the deadline for providing feedback on the proposed legal framework. Afterward, the...
Read More »Litecoin (LTC) Price Analysis: Bulls Struggle, Risk of More Losses
Litecoin started a fresh decline below the $95 zone against the US Dollar. LTC price is now trading below $95 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $93 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair is at risk of a downside break below the $90 and $88 support levels. Litecoin price is struggling below $95 against the US Dollar, similar to Bitcoin. LTC price could...
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