Tag Archives: xrpbtc

Ethereum Ethereum managed to increase by 6.4% this week as it continues to climb higher inside an ascending price channel. The price channel formed at the start of October after ETH found support and reversed at $2800. Last week, ETH found resistance at $3600, causing it to fall into the support at $3400. It bounced from $3400 on Wednesday as it hit the lower boundary of the price channel. Yesterday, ETH managed to break $3600 and push higher into resistance at $3790 (bearish...

Key Support level: $1 Key Resistance level: $1.2  The XRP price action is caught between support and resistance or $1 and $1.2. The pressure is building up, and XRP appears to be ready to explore higher levels. For that to happen, though, price has to break above $1.2 with confidence and increasing volume. The price has also formed a parabola (in yellow) stretching back to March 2020. As long as it doesn’t break below it, then the bias remains bullish on XRP. Chart by...

XRP/USD – XRP Falls Into Price Channel Support. Key Support Levels: $1.05, $1.00, $0.95.Key Resistance Levels: $1.10, $1.20, $1.25. XRP found support at $0.875 (.618 Fib & 50-day MA) toward the end of September and ended up rebounding from there. After this, XRP started to form a short-term ascending price channel in October, which allowed it to break the 50-day MA at $1.10 and reach as high as $1.25 (Feb 2018 highs). Unfortunately, the bulls were unable to close above...

The price of bitcoin went on another run in the past 24 hours and briefly exceeded $57,000 for the first time in five months. Most alternative coins seem left behind as BTC’s dominance continues to increase. Bitcoin Touched $57K It’s safe to say that BTC has returned to its bullish trajectory after it recovered from its sub-$41,000 dips two weeks ago. In the days that followed, the cryptocurrency added a significant chunk of value, broke above $50,000 for the first time in a...

Following yesterday’s price slide below $54,000, bitcoin has started increasing in value once more and has neared $56,000. Although some altcoins like XRP and DOT have charted notable gains in the past 24 hours, BTC’s dominance has also risen. Bitcoin Aims at $56K The primary cryptocurrency exploded above $50,000 on October 5th and hasn’t looked back since. Just the opposite, it has been mainly on the offensive, which resulted in tapping $56,000 a few days ago for the first...

After touching $56,000 for the first time in five months, bitcoin retraced slightly and currently stands around $55,000. Most altcoins continue with indecisive moves in either direction, except for Shiba Inu, which has gone on the offensive once more with a 35% daily surge. Bitcoin Stalls at $55K The past week or so showed once more how quickly the landscape could change in the cryptocurrency markets. Bitcoin entered October at around $45,000 after recovering $4,000 in days...

Bitcoin Bitcoin is up by an incredible 25.7% this week as the cryptocurrency surges beyond $55,000. The increase started at the beginning of October when it managed to break above a descending price channel and go above the 50-day MA. Since then, BTC surged higher during the week until it broke the September highs at $53,000 and met resistance at $55,400 on Wednesday. It did attempt to break above $55,400 today, reaching as high as $56,000 (1.414 Fib Extension) but is showing...

XRP/USD – XRP Pushes Back Above $1. Key Support Levels: $1.00, $0.9, $0.875.Key Resistance Levels: $1.10, $1.25, $1.30. Last week, XRP was trading inside a range between $1.00 and support at $0.875 (.618 Fib). It rebounded from the support on Wednesday, which allowed it to surge back above $1.00 on Friday. Unfortunately, the cryptocurrency could not pass resistance at $1.10 (50-day MA) over the weekend and has since dropped to $1.05, where it currently trades. A break above...

Following the past few days of marking gains, bitcoin has calmed a bit around the $48,000 mark. Some alternative coins have kept climbing, though, with Solana surging 8% and Terra jumping to a new all-time high after a 20% daily increase. LUNA Marks New ATH: Sol 8% Up The alternative coins have been on a roll in the past few days after the mid-week price drops. Ethereum had dipped to $2,900 following the latest Chinese Fud. However, ETH has reclaimed more than $500 since then...

Following yet another price surge in the past 24 hours, bitcoin neared and even briefly exceeded $48,000. The alternative coins are also well in the green, with ETH closing down to $3,300. However, AXS is the most significant gainer once more, with a 50% surge to a new ATH. Bitcoin Tapped $48K A lot can change in the cryptocurrency space in just a few days. Back on September 29th, bitcoin struggled with its third consecutive drop below $41,000. However, the bulls intercepted...