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Tag Archives: xrpbtc

Crypto Price Analysis August-19: Ethereum, Ripple, Cardano, Binance Coin, and Dogecoin

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Dogecoin. Ethereum (ETH) This past week Ethereum broke below its uptrend, which was a major bearish signal, and lost 9.4% in the process. Moreover, today, the bears dominated the charts, and Ethereum lost almost 8.5% of its valuation in less than an hour when the market suddenly crashed. At the time of this post, bulls have managed to stop the downtrend at the $1,700 support level, but bears...

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Vitalik Buterin and Ripple’s CTO Engage in Twitter Spat Over XRP

While Ripple execs claim that the company has been unfairly treated by the SEC, Ethereum frontman Vitalik Buterin hasn’t been exactly silent either. In a fresh jibe, the latter accused the former of throwing Ethereum under the bus as “China-controlled.” The latest feud also started with a discussion of new regulatory changes in Canada with Ontario-based crypto exchanges – Bitbuy and Newton – imposing a 30,000 CAD annual “buy limit” for “restricted coins” for their users to...

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XRP Stalls at $0.37, But Is Another Crash Incoming? (Ripple Price Analysis)

Ripple has been experiencing a sideways trend below the stiff resistance for nearly three weeks and has remained range-bound between 0.36$ and $0.39 for the largest part. Technical Analysis By Grizzly The Weekly Chart: It appears that neither side is able to take assert convincing dominance in the market for XRP. The bulls need to flip the horizontal resistance at $0.39 (in red) to start a rally. The intersection of this resistance with the descending line (in yellow) has...

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Ripple Price Analysis: After 2 Months of Sideways, Will XRP Finally Breakout?

A strong resistance level has trapped Ripple for over two months, resulting in the price flirting between $0.3 to $0.39 during that period. It seems that the continuation of the upward trend depends on clearing this barrier. However, it’s unsure if there is enough momentum for the bulls. Technical Analysis By Grizzly The Daily Chart Analyzing the following daily chart reveals that the structure formed in the last two months has been textbook bullish, accompanied by the...

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XRP Price Analysis: Here’s The Next Support for Ripple Following 7% Daily Drop

For nearly two weeks, Ripple has been below its static level at $0.45. The bulls attempted to push the price above it several times, but so far, they have failed. Technical Analysis By Grizzly The Daily Chart On the daily timeframe, XRP saw a 37% recovery below the static level (in blue) after the bulls managed to defend the horizontal support at $0.33 (in green). The MA 20D (in white) has come down to this important level and acts as a price barrier. The cryptocurrency has...

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XRP Price Analysis: Ripple Drops 42% in a Week, What’s Next?

Last week, Ripple closed a red candle of a whopping 42%. The bulls managed to fight back, pushing the price up at the end of the week. Will this be the end of the bearish sentiment in the short term, though? Technical Analysis By Grizzly The Daily Chart On the daily chart, XRP is moving downward in a descending channel (in yellow). Currently, the support zone (in green) at $0.33 has prevented any further price declines. To dominate the market, bulls must be able to keep the...

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Ripple Sits at a Long-Term Support Following 30% Weekly Crash, Rebound In Sight? (XRP Technical Analysis)

The market is still in shock due to the deep collapse in recent days. Investors are skeptical, and it remains to be seen when the bulls will return to the market. Technical Analysis By Grizzly The Daily Chart The bears were able to push the price down to critical horizontal support at $0.33. This level has played an essential role for XRP since 2019. Source: TradingViewThe sharp upward trend in 2021 occurred after breaking this level. If the bulls can defend it, one can...

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Ripple Price Analysis: 3 Times XRP Increased From This Level, Will It Happen Again?

Ripple has touched the range between $0.5-0.55 three times over the past year. Now, the bears are trying to bring the price to this range once again, but will support hold the fourth attempt? Technical Analysis Technical Analysis By Grizzly The Daily Chart On the daily timeframe, the bears were able to push the price below the support level at $0.63 and turn it into a horizontal resistance (in red). XRP price continued to drop after the pullback and is now close to the...

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What’s Next For Ripple Following the Drop Below $0.6? (XRP Price Analysis)

The crypto market experienced a sharp drop yesterday, liquidating many long positions. A lot of cryptocurrencies are approaching their long-term support levels, and it remains to be seen how bulls will defend them. Technical Analysis By Grizzly The Daily Chart On a daily time frame, XRP moves down inside a descending channel (in yellow). The intersection point of the channel’s midline with the horizontal support at $0.5 (in green) is a crucial level to monitor. If the bulls...

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Ripple CEO Believes SEC Lawsuit Could Be Resolved This Year

Ripple CEO Brad Garlinghouse recently revealed that the almost two-year lawsuit with the United States Securities and Exchange Commission (SEC) is drawing to its climax and could be resolved before the end of the year. The Long-Awaited Climax Is Near In an interview with Fox Business correspondent Charlie Gasparino, the Ripple boss acknowledged that the company’s ongoing legal battle with the SEC has gone “quite well.” He further noted that his company’s case will set a major...

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