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Tag Archives: xrpusd

Crypto Price Analysis Oct-29: Ethereum, Cardano, Ripple, Shiba, and Doge

This week was very intense in terms of price action, and we take a look at Ethereum, Cardano, Ripple, Shiba, and Doge. Ethereum After a lot of anticipation, Ethereum has finally managed to set a new all-time high today. At $4,400, this new peak is a bit of a disappointment considering the previous one was at $4,380. The bulls did not have the strength to push higher, but this may change in the following week. Overall, another good week for ETH with a 6.3% rally. Chart by...

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Ripple Price Analysis: XRP Rangebound Around $1 as Breakout Appears Imminent

Key Support level: $1; $0.97 Key Resistance level: $1.2  In the last three days, the XRP price has been hovering just above $1. Any pullbacks were quickly defended by the bulls, who have so far managed to keep XRP above this important level. The XRP price action has been very quiet in the last few days, indicating that a break from the descending triangle (in blue) can be imminent. Usually, volatility always fades before a major break. Right now, the support at $1 is holding...

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Weekend Status Quo: Bitcoin Stable Amid $60K, ETH Maintains $4K (Market Watch)

Bitcoin dipped below $60,000 once again in the past 24 hours but has recovered and currently stands above it. Most altcoins are also untypically calm this weekend, with ETH sitting north of $4,000. Shiba Inu, though, charted a new all-time high hours ago. Bitcoin Remains Above $60K All crypto eyes in the past few weeks were on the launch of the first-ever Bitcoin Futures ETF in the United States. After years of waiting, the Securities and Exchange Commission finally allowed...

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Bitcoin Dipped to $60K Losing $7K Since Tuesday’s ATH (Market Watch)

Following the past several days of surging higher and higher, BTC corrected hard in the past 24 hours and even dipped below $60,000 briefly. Most altcoins followed suit, and the entire market cap lost more than $150 billion since its peak earlier this week. Bitcoin Lost $7K in Days The main focus in the cryptocurrency space in the past week or so was on the first-ever Bitcoin Futures ETF going live in the United States on Tuesday. The euphoria for such a long-anticipated...

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Crypto Price Analysis Oct-22: Ethereum, Cardano, Ripple, Polkadot & Solana

Ethereum This week, Ethereum managed to rally over 8.5% and nearly touched the all-time high at $4,380, missing it by $5 (Bitstamp). The momentum remains bullish and the price is in a steep uptrend as shown by the trendline which is currently acting as support around $4,000. A break below this level can push ETH back to the next support found at $3,500. The resistance at $4,380 continues to hold, at least until another attempt is made by the bulls to break it. Considering...

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Bitcoin Corrects Below April’s Previous ATH, Solana Spikes Above $200 After 35% Weekly (Market Watch)

The volatile roller-coaster returned to the crypto markets again after bitcoin’s ATH, and the asset dropped by more than $5,000 a day later. While most altcoins have stalled on a 24-hour scale, Solana has gone on a tear once more by breaking above $200. Bitcoin Lost $5K The news that the US will finally have its own Bitcoin ETF, even if it’s a Futures one, for now, brought significant gains for the primary cryptocurrency. BTC traded below $58,000 last week when the first...

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Bitcoin Tapped $63K Amid Latest ETF Developments: BTC Dominance at 3-Month High

The latest developments in the US claiming that a Bitcoin ETF might be just around the corner pushed the cryptocurrency to $63,000 hours ago. Most altcoins have failed to follow their leader north, and the BTC dominance reached a near three-month high. Bitcoin Came $2K Away from ATH On October 13th – just three days ago – the primary digital asset had dipped below $55,000 after getting rejected at the $58,000 level. The situation quickly changed in the following days, and BTC...

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Crypto Price Analysis & Overview October 15th: Ethereum, Ripple, Cardano, Polkadot & Matic

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...

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Ripple Price Analysis: XRP Consolidates Within Key Range Below $1.2, Big Move Soon?

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...

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Ripple Price Analysis: XRP Slips Below 50-Day MA, is $1 Incoming?

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...

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