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Read More »Litecoin (LTC) Price Analysis: Upsides Could Be Capped Near $70
Litecoin started a fresh decline from the $80 resistance zone against the US Dollar. LTC price is now trading below $70 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $71 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could struggle to clear the $68 and $70 resistance levels in the near term. Litecoin price is struggling below $70 against the US Dollar, similar to bitcoin. LTC...
Read More »XRP Falls 3% Daily but Is a Retest of $0.3 Imminent? (Ripple Price Analysis)
Ripple’s recent price action has been particularly rough following a convincing rejection from a key resistance level. The cryptocurrency is currently dropping toward the bulls’ last resort as risk assets stumble. Technical Analysis By: Edris The Daily Chart On the daily chart, the price has failed to move back above the significant $0.43 resistance level and is currently falling rapidly. The 50-day and 200-day moving average lines, which also provided additional resistance...
Read More »Ripple Price Analysis: Bears In Action Below $0.365
Ripple price started a fresh decline from the $0.3950 zone against the US dollar. The price is now trading below $0.3800 and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $0.3800 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.3400 support zone. Ripple price is struggling below $0.380 against the US Dollar, similar to bitcoin. XRP price...
Read More »Bitcoin-Frage: Welche Blockchain wird am meisten genutzt?
Unter allen Blockchains ist die BNB Chain aufgrund ihrer niedrigen Transaktionskosten derzeit immer noch die meistgenutzte Blockchain in Bezug auf Transaktionen und einzigartige Wallet-Adressen. Unter allen Blockchains ist die BNB Chain aufgrund ihrer niedrigen Transaktionskosten derzeit immer noch die meistgenutzte Blockchain in Bezug auf Transaktionen und einzigartige Wallet-Adressen. Die dortigen täglichen Transaktionen übertreffen auch die auf...
Read More »XRP-Kursrallye: Ripple vor historischem Erfolg?
Wenn Ripple Labs den Prozess gewinnt und die Ripple-Währung XRP wieder ins Sortiment der grossen Bitcoin-Börsen aufgenommen wird, kann sich der Ripple-Kurs von 35 Rappen auf 3 Franken locker verzehnfachen. Dies ist aber reine Spekulation. Seit rund zwei Jahren streitet sich Ripple mit der US-amerikanischen Regulierungsbehörde SEC um den Status von XRP. Handelt es sich dabei um ein unlizensiertes Wertpapier? Jeremy Hogan, Anwalt von Ripple glaubt,...
Read More »Positive Ripple Trend Interrupted by Second Red Weekly Close (XRP Price Analysis)
Markets are waiting for the arrival of the FOMC meeting, which has been creating uncertainty. Last night, XRP closed its second consecutive weekly red candle. This put the rising trend that began in mid-November on the edge of reversal. Technical Analysis By Grizzly The Daily Chart Ripple is trading below the 200-day moving average line (in white) on the daily chart and is expected to close a third consecutive candle below it. The descending triangle (in yellow), technically...
Read More »Ripple Price Analysis: Risk of Another Bearish Wave
Ripple price started a fresh decline from the $0.4180 resistance against the US dollar. The price is now trading below $0.3900 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $0.3900 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could gain bearish momentum if it breaks the $0.3720 support zone. Ripple price is struggling below $0.400 against the US Dollar, similar to bitcoin. XRP price must stay...
Read More »Waves Breaks Silence Over DAXA Investigation, USDN Stablecoin Fails to Repeg
It has been a tough year for algorithmic stablecoins. Historically, these pegged tokens have failed to maintain a grip on $1, especially under extreme selling pressure. But the Terra collapse has been disastrous, and the ripple effects have had a decisive impact on the rest of the market. Seven months later, another algorithmic stablecoin is having trouble maintaining its dollar peg. In fact, this is the fifth time that Waves-backed Neutrino Dollar (USDN), currently trading...
Read More »The Three Things That Went Wrong for FTX According to Ripple CTO
But blockchain firm Ripple’s Chief Technology Officer, David Schwartz, weighed in on Sam Bankman-Fried’s sympathizers but also went on to detail what went wrong with the company. Ripple CTO’s Take on FTX Collapse The exec listed out three things that went “horribly wrong.” FTX customer fiat assets were left in Alameda accounts and used by Alameda. Customer deposits FTX was just supposed to hold were commingled with assets used in riskier ways. Alameda was supposed to be...
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