Bitcoin’s price has been trending upward lately, while Ripple has remained relatively stable, staying around the same level without much movement. However, XRP is currently showing signs of strength as it has surpassed a significant resistance level. Technical Analysis By Shayan This week, the cryptocurrency market experienced a bullish trend, with assets such as Bitcoin and Ethereum witnessing a significant price increase. However, Ripple was an exception as it continued...
Read More »Crypto Hackers Promote Fake XRP Airdrop on News24 Twitter Account
The Twitter account of one of the leading news channels in India – News24 – became a victim of a recent cryptocurrency scheme. Hackers breached their security to post phishing links of a fake XRP drop, urging people to click and potentially get conned. Crypto scammers have previously compromised the Twitter account of India’s Prime Minister – Narendra Modi – and the profiles of the Indian Medical Association (IMA), the Indian Council of World Affairs (ICWA), and Mann Deshi...
Read More »Ripple Price Analysis: Bears Keep Protecting $0.40
Ripple price started a fresh decline from the $0.400 zone against the US dollar. The price is now trading above $0.3700 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.3780 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.400 resistance zone. Ripple price is struggling below $0.400 against the US Dollar, similar to bitcoin. XRP price must...
Read More »Crypto Price Analysis Mar-17: ETH, XRP, ADA, BNB, DOT
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Polkadot. Ethereum (ETH) This week, the market sentiment completely shifted, with bulls taking full control of the price action. ETH rallied by 21%, making it the best performer on our list. This spectacular rally allowed it to break above the key resistance at $1,660, which has now turned into support. With the uptrend in full swing, this cryptocurrency can reach $2,000, which is a key...
Read More »Litecoin (LTC) Price Analysis: Risk of Drop Below $72
Litecoin started a fresh decline below the $80 zone against the US Dollar. LTC price is now trading below $80 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $88 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could struggle to clear the $85 and $88 resistance levels in the near term. Litecoin price is struggling below $85 against the US Dollar, similar to bitcoin. LTC price could...
Read More »Is $0.40 Incoming for XRP Following Recent Bullish Market Momentum? (Ripple Price Analysis)
Although Bitcoin has experienced a significant surge in the last few days, Ripple’s price action has been more stagnant, with no specific direction and limited volatility. However, the cryptocurrency is currently in a tight range and will likely exit soon, possibly leading to an impulsive move. Technical Analysis By Shayan The Daily Chart The cryptocurrency market experienced a bullish trend this week, with many assets, including Bitcoin and Ethereum, seeing a surge in price....
Read More »Who Has Exposure to SVB and Signature Bank? A Closer Look
Silicon Valley Bank and the crypto-friendly – Signature Bank – disclosed operational difficulties and were closed down by regulators. While some expect the collapse to prompt a domino effect, numerous cryptocurrency-related companies have already suffered losses because of their exposure to the aforementioned institutions. Let’s have a closer look. SVB’s Impact As CryptoPotato reported last week, Circle – the Boston-based company which issues the second-largest stablecoin...
Read More »Ripple in ‘Strong Financial Position’ despite SVB Exposure, CEO Says
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Read More »Ripple Price Analysis: Upsides Remain Capped Near $0.38
Ripple price started a fresh decline from the $0.400 zone against the US dollar. The price is now trading below $0.3850 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3750 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.3840 resistance zone. Ripple price is struggling below $0.3840 against the US Dollar, similar to bitcoin. XRP price...
Read More »Despegar Becomes First Travel Agency in LATAM to Embrace Crypto Payments
One of the leading travel agencies in Latin America – Despegar – partnered with Binance Pay and Inswitch to enable clients to pay for tour packages in cryptocurrencies. For starters, the offering will be available only for customers in Argentina. Despegar Leads the Way The agreement, announced by the world’s biggest cryptocurrency exchange – Binance, turned Despegar into the first online travel agency (OTA) in Latin America to accept digital assets as a means of payment....
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