Tag Archives: xrpusd

Bitcoin’s enhanced volatility resumed in the past 24 hours as the cryptocurrency fell to its lowest price level in five days beneath $35,000. Most alternative coins also experienced similar dips and increased BTC’s market dominance to above 43%. Bitcoin Dipped Below $35K After recovering from its most violent losses to $30,000, the primary cryptocurrency was riding high for a few consecutive days. The asset challenged $40,000 on a few occasions and even briefly jumped above...

It was another tough week in the cryptocurrency market where almost everything is trading in the red. Here’s how some of the major coins performed over the past seven days: Bitcoin Bitcoin is down by a total of 10.3% over the past seven days of trading as it currently sits around $36,000. The cryptocurrency had spiked as low as $31,185 (downside 1.618 Fib Extension) on Sunday, but the buyers managed to close the daily candle at $34,760 (downside 1.414 Fib Extension). From...

XRP/USD – Bulls Battle To Maintain $1 Key Support Levels: $1.00, $0.9, $0.8282Key Resistance Levels: $1.05, $1.25, $1.32. XRP has rebounded by a total of 61% from Sunday’s low, around $0.62 but is struggling to break $1.05. The cryptocurrency closed Sunday’s daily candle at around $0.8 and started to shoot higher on Monday to reach $1.00. Yesterday, XRP managed to penetrate $1 but failed to overcome resistance at $1.05, provided by a bearish .382 Fib Retracement. Today, XRP...

It has taken bitcoin five days to recover the most recent losses and jump above $40,000. Most altcoins are well in the green, too, with Ethereum reaching $2,900 and BNB nearing $400. Bitcoin Tops $40K The primary cryptocurrency experienced numerous corrections in the past few weeks. The latest started on Friday following more FUD from China. In a matter of hours, bitcoin fell from $42,000 to a daily low of $34,000. The situation worsened during the weekend, and BTC slumped to...

Ripple has been included in CNBC’s Disruptor 50 as the #38 of most successful private companies this year —primarily due to its innovative approach towards borderless payment technology and becoming one of the largest crypto companies in the world. This year’s CNBC’s Disruptor 50 is the ninth annual list of private companies thriving amidst the pandemic and making innovative approaches in their business models and the fields they’re in. Some of the listed companies include...

XRP/USD – Bulls Bounce Back Above 2020 High Key Support Levels: $0.82, $0.75, $0.65Key Resistance Levels: $0.89, $1.00, $1.05. Like most cryptocurrencies, XRP had a rough week in which it dropped by a steep 41%. It reached a low of $0.62 yesterday but managed to rebound to close the daily candle at around $0.79. The bulk of the weekly price drop occurred on Wednesday when XRP fell from $170 to reach as low as $0.75 (.786 Fib). On that day, it managed to rebound to close the...

With bad news attacks coming from all directions over the past week, bitcoin’s price fails to recover any of the recent losses. In the past 24 hours alone, the cryptocurrency fell by almost $10,000 following another set of China FUD. Most altcoins have it even worse, with double-digit price slumps charted from ETH, BNB, ADA, DOGE, XRP, and more. China Causes Another $9K Dip for BTC Bitcoin has seen better days. The massive sell-off during the week caused substantial...

The past seven days were particularly volatile and, unfortunately for many, bears had the upper hand. Bitcoin dropped to a price not seen since January, while the rest of the market followed. Bitcoin Bitcoin is down another 18.5% this week as it trades near $40,900. The cryptocurrency is now down by a total of around 35% from the $64,895 all-time high set in April. BTC saw an extremely volatile week in which prices dropped as low as $30,000 on Wednesday – hitting levels not...

XRP/USD – Bulls Finally Push Above Symmetrical Triangle Pattern Key Support Levels: $1.50, $1.30, $1.25.Key Resistance Levels: $1.74, $1.82, $1.98. XRP had been trading inside a symmetrical triangle pattern since mid-April. The coin attempted to break toward the upside of this pattern at the start of May but failed to close a daily candle above the upper angle on each attempt. Over the past fortnight, XRP dropped into the support at $1.25, provided by the Feb 2018 highs. It...

Elon Musk continues to drive volatility in the crypto market as bitcoin fell by $7,000 in a day before it recovered $3,000. Most altcoins are also deep in the red, with ETH dipping below $3,500 and BNB beneath $500. Bitcoin’s 24H Wild Ride It’s safe to say that the primary cryptocurrency has seen better days. In fact, they weren’t that long ago as it traded above $58,000 on May 12th. However, Elon Musk’s statement that Tesla had stopped receiving BTC payments for its electric...