Ripple’s price has remained dormant over the last couple of days, trading within the narrow range of $0.42 and $0.31 and struggling to break out. A slight decline towards the lower end of the range seems likely, given that the cryptocurrency was recently rejected at a crucial resistance level. Technical Analysis By Shayan The Daily Chart Ripple’s price has shown signs of weakness, printing small candles with no specific direction. Most recently, the price attempted to claim...
Read More »Ripple Price Analysis: Bears In Active Below $0.385
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 $0.3800 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.3850 resistance zone. Ripple price is struggling below $0.3850 against the US Dollar, similar to bitcoin. XRP price...
Read More »Gary Gensler on FTX Fallout and Deceptive Crypto Market
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Read More »Litecoin (LTC) Price Analysis: Bears Are Active Below $100
Litecoin started a fresh decline below the $100 zone against the US Dollar. LTC price is now trading below $100 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $96.90 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could struggle to clear the $97 and $100 resistance levels in the near term. Litecoin price is struggling below $100 against the US Dollar, similar to bitcoin. LTC price...
Read More »Calm Before the Storm: Will XRP Finally Explode Above $0.4? (Ripple Price Analysis)
Ripple’s price has been consolidating in a tight range against the USD. However, against BTC, it has yet to manifest a significant move. Technical Analysis By: Edris XRP/USDT Daily Chart The price failed to break above the $0.43 resistance level and has been trapped in a tight range between the 50-day and 200-day moving average lines, located around the $0.38 and $0.4 levels, respectively. A breakout to the upside would likely lead to another test of the $0.43 level, with the...
Read More »Recent SEC Crackdown on Crypto Led to $32M in Institutional Outflows
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Read More »Ripple Price Analysis: Risk of More Losses Below $0.38
Ripple price started a fresh decline from the $0.4050 zone against the US dollar. The price is now trading above $0.3850 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3950 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.4050 resistance zone. Ripple price is struggling below $0.4050 against the US Dollar, similar to bitcoin. XRP price...
Read More »XRP Struggles Around $0.4 But is a Crash Coming? (Ripple Price Analysis)
Ripple’s price action has been far from convincing lately, as the cryptocurrency has been rejected from a key resistance level against the USD. XRP is also in a downtrend on the BTC paired chart, making things worse. Technical Analysis By: Edris XRP/USDT Daily Chart: On the XRPUSDT chart’s daily timeframe, the price has been rejected from the $0.43 level multiple times and is currently oscillating between the 200-day and 50-day moving averages located around $0.395 and $0.385...
Read More »Crypto Price Analysis Feb-17: ETH, XRP, ADA, MATIC, OKB
This week, we take a closer look at Ethereum, Ripple, Cardano, Polygon, and OKB. Ethereum (ETH) Ethereum had a great rally this past week but failed to break above the key resistance at $1,660. Nevertheless, the price still managed to increase by 7.4%. the current PA shows that buyers are becoming eager, and the key resistance is being tested again and again. The more this happens, the likelier it becomes for ETH to break above and move higher. Looking ahead, ETH has good...
Read More »Crypto Market Jumps 10% with Bitcoin Approaching $25,000, BLUR Token Volume Hits $1 Billion
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