XRP saw a 6% price increase today as the buyers manage to rise above $0.31Last week, the coin found strong support at $0.28, which allowed it to push higher and reclaim $0.3 over the weekend.Against Bitcoin, XRP bounced from 2435 SAT last week to reach the current 2555 SAT level.XRP/USD: XRP Bulls Break Bullish Flag PatternKey Support Levels: $0.3, $0.28, $0.264.Key Resistance Levels: $0.313, $0.321, $0.341.Last week XRP fell from a resistance level above $0.30 and found support at $0.28. The...
Read More »Crypto Price Analysis Aug 14: Bitcoin (BTC), ETH, XRP, LINK, WAVES
Bitcoin (BTC)Bitcoin is more or less around the price it was traded a week ago, but this comes after a raging week as the coin plunged to a weekly low around $11,100.Shortly before, Bitcoin made another push towards the current high at $12,100 (1.272 Fib Extension), for the second time in 10 days. Unfortunately, BTC was unable to sustain this high.Just one day after, Bitcoin lost almost $1000, however quickly recovered to the support level around $11,400 (.236 Fib Retracement and prior high)....
Read More »After Failing To Breach $0.3, Ripple Bearish Action Not Yet Over? (XRP Price Analysis)
XRP dropped by a small 1% today as the bulls defend $0.28.The coin found resistance at $0.313 earlier in the month and has been falling ever since.Against Bitcoin, XRP dropped beneath the 200-days EMA today as it falls to 2400 SAT.XRP/USD: XRP Bulls Defending $0.28 LevelKey Support Levels: $0.28, $0.264, $0.245.Key Resistance Levels: $0.3, $0.313, $0.321.So far, XRP dropped by a total of 14% since hitting a peak of $0.329 earlier in August. More specifically, the coin was never able to close...
Read More »Ripple Price Analysis: XRP Plans Next Move Following Consolidation At $0.30?
XRP saw a small 2% price rise today as it reached $0.295.The coin dropped by a total of 3.4% over the past week after it reached the $0.313 level.Against Bitcoin, XRP found support today at 2435 SAT (200-days EMA and .382 Fib Retracement).XRP/USD: XRP Bulls Find Support At .236 Fib RetracementKey Support Levels: $0.286, $0.264, $0.245.Key Resistance Levels: $0.3, $0.313, $0.321.At the start of August, XRP surged into the resistance at $0.321 provided by the bearish .886 Fib Retracement. More...
Read More »Crypto Price Analysis & Overview August 7th: Bitcoin, Ethereum, Ripple, Tezos, and Elrond
BitcoinBitcoin saw a 5% price rise this week as it reached the $11,750 level. The cryptocurrency started the week at the $11,400 level as it pushed higher into $12,095 on August 2nd. From there, Bitcoin experienced some major volatility as it dropped by $1,400 in just a few minutes to fall into the $10,575 (.5 Fib Retracement) level.Bitcoin rebounded from there and started to grind higher again over the week as it reached the $11,750 level today.Looking ahead, if the buyers push higher, the...
Read More »Bitcoin Unable To Break $12k While Bitcoin Cash (BCH) Joins the Party (Market Watch)
Bitcoin continued heading upwards, but it couldn’t challenge the $12,000 line. Bitcoin Cash’s 10% increase is among the most impressive from the larger-cap alts, while some lower-cap altcoins have been surging by double-digits.Bitcoin Aims At $12,000Bitcoin was steadily progressing towards $12,000 in the past 24 hours. After yesterday’s low of $11,580, bulls took charge and spiked BTC’s price to a daily high of $11,910 on Bitstamp. However, the primary cryptocurrency couldn’t sustain its run...
Read More »Ripple’s $0.3 Sideways Action May End With a Huge Move (XRP Price Analysis)
XRP saw a strong 23.5% increase this week as it climbed as high as $0.321.The coin has dropped slightly as it trades at $0.30.Against Bitcoin, XRP reached as high as 2800 SAT before falling into the 2555 SAT support.XRP/USD: XRP Bulls Find Resistance at Bearish .886 Fib RetracementKey Support Levels: $0.3, $0.291, $0.28.Key Resistance Levels: $0.313, $0.321, $0.331.XRP saw a massive push this week as it surged above $0.3 to reach as high as $0.321 (bearish .886 Fib Retracement). More...
Read More »XRP Stable Above $0.30 Despite Bitcoin’s Rollercoaster (Ripple Price Analysis)
XRP saw a strong 40% price explosion this week as it reached the $0.3 level.Despite Bitcoin’s recent price drop this weekend, XRP remained above $0.3.Against Bitcoin, XRP created a fresh 3-month high as it hit 2720 SAT.XRP/USD: XRP Bulls Remain Strong After Crypto Market DropKey Support Levels: $0.291, $0.28, $0.268.Key Resistance Levels: $0.313, $0.321, $0.331.XRP saw an extraordinary month since breaking above the 200-days EMA at $0.21 toward the end of July. After overcoming this level, it...
Read More »Market Watch: Altcoins On Fire As Bitcoin Dominance Taps Yearly Lows
Following the wild weekend ride in the cryptocurrency market, the situation appears less volatile now, at least among most large-cap assets. Bitcoin has returned to $11,200, while Ethereum hovers above $380. Some lower-cap altcoins, however, are displaying high fluctuations again.A Breath Of Stability For BitcoinThe weekend was nothing short than volatile for the primary cryptocurrency. On Saturday, Bitcoin went on a bull run and marked a new yearly high of above $11,700. Although it retraced...
Read More »Weekend Ride: Bitcoin Plunged $1500 In Minutes, After Recording Fresh 2020 High
The cryptocurrency market went through a Sunday morning roller-coster with some intense moves charted. Bitcoin marked a new yearly high of above $12,000 before tanking in a matter of minutes to $10,490 (on Binance). Similar developments followed most altcoins, but the market appears to have calmed now.Bitcoin’s New 2020 Top And DropAugust doesn’t look anything like July for the primary cryptocurrency so far. While July began with slow and dull price movements, Bitcoin has taken August for a...
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