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Ripple (XRP)

Ripple Price Analysis: Risk of More Losses Below $0.7

Ripple price started a fresh decline from well above $0.8500 against the US dollar. The price is now trading below $0.80 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.7920 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend decline if there is a move below the $0.7320 support zone. Ripple price is struggling below $0.8000 against the US Dollar, similar to bitcoin. XRP...

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Weekend Watch: Bitcoin Maintains $42K, Monero at 3-Month High After 8% Spike

After falling to its January 2021 all-time high of around $42,000, bitcoin has maintained that level following a relatively still trading day. The altcoins are also untypically calm today, with Monero being among the few exceptions and XMR tapping a three-month high. Bitcoin Remains Above $42K It’s safe to say that the primary cryptocurrency has seen better days as it attempted to jump above $47,000 earlier this week. However, it failed on both occasions when the bears...

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Crypto Market Cap Drops Below $2T as Bitcoin Slides to 17-Day Low (Weekend Watch)

Bitcoin’s recent nosedives continued in the past 24 hours, and the asset slipped to a 17-day low of around $42,000. Most altcoins are also deep in the red, with the most losses coming from Terra, Solana, Avalanche, Cardano, and Dogecoin from the larger-cap ones. Bitcoin Tested $42K It was just several days ago when bitcoin was fighting to reclaim $47,000 and spiked above that level twice within a 48-hour period. However, the bears came out from hiding and didn’t allow any...

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XRP Price Analysis: Ripple Loses $0.8, Here’s the Next Support

Ripple, like Bitcoin and Ethereum, could not manage to break above the daily MA200 and has fallen into a downward trajectory. Technical Analysis By: Grizzly The Daily Chart: Source: TradingViewOn the daily timeframe, after the bears defended the resistance at $0.93 well, they were able to push the price down to $0.75 and deliver a 19% correction. Ripple is currently stuck between the daily MA100 (marked white) as support and MA50 (marked yellow) as resistance. If the bulls...

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Litecoin (LTC) Price Analysis: Risk of More Losses To $100

Litecoin started a major decline from the $130 resistance against the US Dollar. LTC price is now trading below $120 and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $124 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could extend losses if there is a move below the $110 level. Litecoin price is gaining bearish pace below $120 against the US Dollar, similar to bitcoin. LTC price...

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Klima-Aktivisten fordern Änderungen im Bitcoin-Code

Das Betreiben von Rechenparks zum Mining bleibt lukrativ. Schätzungen zufolge wurden alleine im letzten Jahr Bitcoins im Wert von rund 15 Milliarden Euro geschürft. Ebenso gigantisch wie der Gewinn der Miner sind jedoch die Kosten für das Klima. Deshalb haben sich Klimaaktivisten zusammengeschlossen um gemeinsam für einen Wechsel auf „Proof-of-Stake“ zu werben. Unter dem Titel “Change the Code, Not the Climate” werden momentan Zeitungsanzeigen...

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XRP Price Analysis: Ripple Trading Below the Daily 200MA, What’s Next?

Ripple seems to have lagged behind the crypto market in the past 20 days and is still trading below resistance. While Bitcoin and Ethereum managed to recover 50% or more from the losses incurred during the downtrend from the all-time high, Ripple regained only 40%, and the recent market structure doesn’t look too promising. Technical Analysis Technical Analysis By Grizzly The Daily Chart: Ripple could not break the horizontal resistance on the daily timeframe, the...

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Grüne Liste: Japan will ein offizielles Coin Rating

Mit einer „Grünen Liste“ will der JVCEA erreichen, dass japanische Kryptobörsen einfacher digitale Währungen und Assets wie Bitcoin notieren können. Der japanische Krypto-Börsenverband (JCVEA) arbeitet Berichten zufolge an einer „grünen Liste“, die es japanischen Kryptowährungsbörsen in Zukunft erleichtern soll, neue Coins zu akzeptieren. Bislang mussten die Börsen für jede neue Notierung einen separaten Antrag bei der JCVEA einreichen und prüfen...

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Ripple Price Analysis: Key Hurdle Sits At $0.85

Ripple price started a fresh increase from the $0.7800 zone against the US dollar. The price is now trading below $0.85 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.8450 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start another increase if it manages to clear the $0.8500 resistance zone. Ripple price is struggling to surpass $0.8500 against the US Dollar, similar to...

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Bitcoin Maintains $46K, Terra (LUNA) Soars 9% to New All-Time High (Market Watch)

Bitcoin has calmed once again over the $46,000 mark, while some altcoins have reduced its dominance over the market with impressive gains. Terra is among those as LUNA soared by almost 10% in a day and charted a new all-time high at close to $120. Terra’s Latest ATH Most altcoins experienced enhanced volatility a couple of days ago, went back on the offensive yesterday, and have stalled today. Ethereum, for example, dipped to $3,300 before it shot up to just over $3,500...

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