Ripple (XRP)

Ripple is on the verge of closing its second green weekly candle. However, there is a horizontal obstacle on the way to higher levels, which will be discussed further below. Technical Analysis By Grizzly The Daily Chart: XRP managed to recapture the 200-day moving average line (in white) on the daily chart after struggling since mid-November. Technically, this pattern denotes a positive psychological momentum in the market.Although the bullish sentiment is observable on the...

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Litecoin. Ethereum (ETH) Ethereum has failed to break the key resistance at $1,230 and has entered into a correction that appears to continue the bearish price action. ETH also lost 0.8% of its valuation in the past seven days, and sellers have managed to maintain their grip on the price. Unfortunately for the bulls, they may have to defend ETH again at the $1,000 key support. Any weakness there...

Ein XRP, der digitalen Währung von Ripple, kostet aktuell gut 37 Cents. Das ist eigentlich nichts, wenn man bedenkt, dass einst ein Ripple-Preis von 500 US-Dollar prognostiziert wurde. Aber nun gut, die meisten Prognosen gehen in die Hosen. Seblst sogenannte Experten tippen selten richtig. Trotzdem hat Ripple grosses Potenzial, aus folgendem Grund: Die Firma hinter Ripple, Ripple Labs, hatte einige grosse Klagen am Hals und dies drückte nicht nur...

Litecoin started a strong increase above $60 against the US Dollar. LTC price is now trading above $60 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $68 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could correct lower but dips might be limited below the $60 level. Litecoin price is rising steadily above $65 against the US Dollar, similar to bitcoin. LTC price could continue to move...

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Ripple price started a fresh decline from the $0.4000 resistance against the US dollar. The price is now trading above $0.3880 and near the 55 simple moving average (4-hours). There was a break below a connecting bullish trend line with support near $0.3875 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down towards the $0.320 support in the near term. Ripple price is struggling below $0.400 against the US Dollar,...

The enterprise blockchain provider Ripple wants to strengthen its presence in the European Union by seeking to secure a virtual asset service provider (VASP) license from Ireland’s central bank. Ripple’s General Counsel Stuart Alderoty and CEO Brad Garlinghouse also gave their two cents on FTX’s fiasco, arguing that global regulators should impose comprehensive rules on the sector to prevent future adverse events. Focusing on Europe In a recent interview for CNBC, Alderoty...

The crash of Terra Luna – an algorithmic stable currency – caused ripples throughout the digital currency space. The price of bitcoin has fallen more than 70 percent from its all-time high of $68,000 last November, and the digital currency arena has lost more than $2 trillion in valuation. Now, it looks like another bigtime digital asset – Hex – could potentially fall into the same category as Terra Luna. Hex Is Dropping Rapidly Hex was launched three years ago in 2019....

Litecoin started a fresh decline from the $65 resistance zone against the US Dollar. LTC price is now trading below $60 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $57 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $60 resistance zone. Litecoin price is struggling below $60 against the US Dollar, similar to bitcoin. LTC price...

The unforgivable mishandling of customer funds has left millions of users with trapped funds, crippled years of constructive industry reputation, and triggered new credit contagion risks. Amidst this chaos, the native token of the decentralized crypto derivatives exchange, dYdX, has risen by more than 50% over the past week. According to prominent crypto analytic firm, Santiment, DYDX has a chance to become a strong narrative in the coming weeks. Aiding the price appreciation...