Ripple (XRP)

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The state of Oregon has put out a notice to all its residents warning them that investing in crypto could be a costly mistake. Oregon to Investors: Avoid Crypto The warning stems from the Oregon Division of Financial Regulation (DFR) and comes fresh off the heels of the FTX collapse, which arguably sent ripples throughout the space and caused many analysts, traders, and industry heads alike to be stunned with surprise. Nobody expected what has been labeled the industry’s...

Ripple’s price has gone through increased volatility over the last 24 hours, experiencing fluctuations of around 15% in a matter of hours. Yet, there might be more of it en route. Technical Analysis  By: Edris XRP/USDT Daily Chart On the daily timeframe, it is evident that the price has dropped towards and rebounded from $0.3 rapidly, as demonstrated by the considerable wick to the downside. The initial decline has been in play since the price was rejected from the 200-day...

Ripple price started a fresh decline below the $0.3800 zone against the US dollar. The price is now trading below $0.3550 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.3500 resistance zone. Ripple price is struggling below $0.3550 against the US Dollar, similar to bitcoin. XRP price...

The crypto sector experienced significant challenges in the first half of 2022, with the prices of major assets like bitcoin (BTC) and ether (ETH) experiencing a 50%+ drop in value. The situation was further exacerbated by the collapse of the Terra ecosystem in the second quarter, which had a ripple effect on the industry. As a result, major industry players such as Three Arrows Capital, Celsius Network, and Voyager Digital filed for bankruptcy later in the year. The bear...

This week, we take a closer look at Ethereum, Ripple, Cardano, Polygon, and Solana Ethereum (ETH) Another week has passed with little excitement for Ethereum investors as volatility was low – likely due to the Christmas holidays. However, ETH’s price did fall by 2% in the past seven days. This is a negligible move in the price, which still remains in a flat trend. This cryptocurrency remains stuck between the key support at $1,160 and the resistance at $1,240. This channel is...

Nobel Prize-winning economist Paul Krugman is confident bitcoin and Ethereum, the world’s two biggest digital currencies by market cap, aren’t going to last much longer and are headed for points of no return. Paul Krugman Thinks BTC Is Done A lot has happened in the crypto arena in just the last few months. For one thing, the fall of crypto exchange FTX has sent ripples throughout the space that have seemingly caused a lot of other exchanges and blockchain-based...

Litecoin started a fresh decline below the $75 zone against the US Dollar. LTC price is now trading below $72 and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $68.20 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 $72 against the US Dollar, similar to bitcoin. LTC price...

Things are not looking good for XRP as its price has failed to reclaim a significant resistance level and seems likely to drop lower. The market is currently struggling to remain in a range, and it could initiate the next bearish leg down. Technical Analysis By: Edris The Daily Chart: On the daily timeframe, the price has failed to reach the $0.43 area again, as the bullish rebound is seemingly coming to an end. The 50-day moving average is currently acting as a critical...

Ripple price started a fresh decline below the $0.3900 zone against the US dollar. The price is now trading below $0.3700 and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $0.3495 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.3600 resistance zone. Ripple price is struggling below $0.370 against the US Dollar, similar to bitcoin. XRP...