Tag Archives: Ripple (XRP) Price

Following the steep price drop of nearly $2,000, bitcoin bounced off the $17,600 bottom and has risen above $18,000 again. Most alternative coins have also recovered some of the losses, and the market cap has added about $20 billion since yesterday.Bitcoin Reclaims $18,000After the relatively calm weekend bitcoin had where it dabbled with the $19,000 price tag, the cryptocurrency experienced a significant drop yesterday. BTC went from a high of $19,300 to $18,000 before continuing south to...

XRP/USD – XRP Remains Inside Consolidation PatternKey Support Levels: $0.556, $0.5, $0.45.Key Resistance Levels: $0.648, $0.68, $0.70.XRP has been trapped inside a symmetrical triangle since the last week of November. The coin bounced from the support at the lower boundary of the weekend but has since struggled to break the resistance at the upper boundary.The coin is quickly approaching the apex of the triangle where we can expect a breakout in either direction. This could happen over the...

Despite briefly dipping beneath $19,000 after another rejection, bitcoin has reclaimed that coveted level and currently trades above it. Most alternative coins have lost some steam since yesterday and have charted minor losses.Bitcoin Stopped At $19,400The primary cryptocurrency had a mostly calm weekend following the highly volatile week. Bitcoin displayed stagnation around the $19,000 mark with a few unsuccessful attempts to break above $19,400.In the past 24 hours, BTC tried to break above...

XRP/USD – Falls From $0.68 After BTC Price DipKey Support Levels: $0.6, $0.55, $0.5.Key Resistance Levels: $0.65, $0.68, $0.718.Last week, XRP dropped from $0.75 to meet the support around $0.5. From there, it started to climb higher over the weekend slowly but was unable to overcome resistance at $0.68 (1.414 Fib Extension) over the past two days.Today, it fell lower in tandem with Bitcoin and spiked as low as $0.557 before rebounding to hit the current $0.625 level.XRP/USD 4HR Chart....

Bitcoin’s volatility continues with full force as the asset made another $1,000 move in the past 24 hours. Most alternative coins have marked minor gains following the recent price drops.Stellar has been on a tear in the past week and XLM has found a place in the top ten after a triple-digit surge.Bitcoin Struggles With $17KFollowing the most substantial gains marked in 2020 that led to the yearly high of $19,500, Bitcoin bears took control over the asset. As a result, BTC experienced...

BitcoinBitcoin saw a slight retracement from its bullish rally this week after dropping 6.3% over the past 7 days. The cryptocurrency started the week on a bullish footing as it climbed higher from $18,000 and reached as high as $19,500. Unfortunately, it could not close a daily candle above $19,265 (1.272 Fib Extension) during the week.Yesterday, Bitcoin dropped by a steep 10% to the $17,000 region. The decline continued today as BTC fell into the $16,375 support – provided by a .5 Fib...

Bitcoin has recovered a bit since yesterday’s massive price drop to $16,250. Most alternative coins have also bounced off their most significant dips, and the total market capitalization has recovered over $30 billion in a day.Bitcoin’s Black Friday SaleFollowing weeks of gradual increases that led to BTC coming less than 3% away from its 2017 all-time high, the primary cryptocurrency plummeted yesterday.Bitcoin went from a high of $19,500 down to $16,250 in a matter of hours. In other words,...

XRP/USD – 33% Plummet Sees XRP Hitting $0.5 SupportKey Support Levels: $0.5, $0.45, $0.435.Key Resistance Levels: $0.55, $0.6, $0.65.XRP surged higher this week as it rallied into the $0.75 resistance level. Unfortunately, it was unable to break this resistance, which caused the coin to roll over yesterday. Today, the steep Bitcoin price drop caused XRP to head lower as it crashed into the support at the $0.5 level – provided by a .5 Fib Retracement.XRP spiked further beneath this to hit...

The cryptocurrency market experienced a massive nosedive today. $80 billion from the total capitalization were evaporated as Bitcoin plummeted below $17,000, while the altcoins had it even worse with notable double-digit price drops.The Red Sea Among The AltcoinsThe alternative coins enjoyed the past few weeks with some remarkable increases. This led to yearly records for many altcoins, including Ethereum reaching $620 and Ripple at nearly $0.90.However, the situation changed suddenly in the...

XRP/USD – XRP Rampage Continues As Bulls Target $1Key Support Levels: $0.65, $0.6, $0.55Key Resistance Levels: $0.718, $0.75, $0.8, $0.85, $0.89.The unprecedented XRP rampage continued today with another 25.8% price surge allowing XRP to hit $0.69 at the time of writing. The cryptocurrency had actually pushed as high as $0.84 during today’s trading session but has since dropped lower.This price explosion took everybody by surprise this week when XRP started to climb above $0.3. From there,...