Tag Archives: xrpusd

Things are not looking good for Ripple’s XRP. Following the news that the United States Securities and Exchange Commission (SEC) has pressed formal charges against the company, its native cryptocurrency tanked by almost 70%. This has also led to another somewhat unexpected event as Litecoin (LTC) takes the seat of the fourth-largest cryptocurrency by market cap.LTC Now the World’s 4th Largest Crypto by Market CapLitecoin has become the fourth-largest cryptocurrency by means of total market...

XRP/USD – XRP Hits 5-Month Lows With Drop Beneath $0.2Key Support Levels: $0.19, $0.18, $0.171.Key Resistance Levels: $0.2, $0.215, $0.25.XRP plummeted into the $0.25 support last week after the announcement was made that the SEC would be suing Ripple. Many analysts hoped that the $0.25 support would hold but XRP went on to fall beneath here today after Coinbase announced they would be suspending XRP trading on its platform.Today, XRP fell beneath the November 2020 lows at $0.215 and...

Bitcoin has continued with highly volatile moves, including a drop from $27,500 to beneath $26,000. Several altcoins have marked serious gains, such as Binance Coin. BNB charted a fresh ATH of about $40 after a double-digit daily surge.Bitcoin Rejected At $27,500After charting the latest all-time high of about $28,300 a few days ago, bitcoin started to decline in value. Shortly after the record, BTC headed south and dipped beneath $26,000.Although the cryptocurrency bounced off that level and...

Veteran cryptocurrency exchange Coinbase announced that it would fully suspend XRP trading by January 2021, following the lawsuit filed against Ripple by the U.S Securities and Exchange Commission (SEC).Coinbase to Suspend XRP TradingAccording to a blog post on Monday (Dec. 28, 2020), Coinbase stated that while XRP trading will be moving to “limit only” starting December 28, the exchange is planning to suspend XRP trading on January 19, 2021, 10 AM Pacific time.Despite the suspension,...

After another highly volatile weekend trading day consisting of a new all-time high above $28,000 and a massive rejection, including a drop below $26K, BTC has calmed and as of now trading safely around $27,000.Most altcoins have finally joined the party with some impressive double-digit gains, including Ethereum breaking north of $700, recording a current daily high at nearly $740, which is the highest of 2020.Bitcoin’s New ATH And Subsequent RejectionThe primary cryptocurrency continued...

Another day and another all-time high for bitcoin as the asset broke above $27,000 and even neared $28,000. Most alternative coins have failed to mimic BTC’s gains, and bitcoin’s dominance has exploded to above 70% for the first time since September 2019.New ATH For BTC At $27,900This year’s Holiday season has turned to be quite bullish for the primary cryptocurrency. Ever since December 24th, bitcoin has painted a new all-time high daily.After breaking above $25,000 and $26,000 in the past...

The past seven days were particularly tumultuous for the cryptocurrency market. The week leading up to Christmas saw massive volatility across the board, and this time, it wasn’t Bitcoin in the spotlight.Nevertheless, the primary cryptocurrency started the week by gaining about $1,500, but it was on Monday when things took a turn for the worse. BTC dropped by more than $2,000, reaching a dollar value of about $22,000. From there, however, it managed to rebound.Yesterday, bitcoin’s price...

A survey conducted by the Australian crypto exchange Independent Reserve shows that over 90% of locals have heard of at least one cryptocurrency. At the same time, nearly one in every five respondents said that they own a digital asset.Crypto Awareness Among AussiesThe Australian-based exchanged highlighted that its Independent Reserve Cryptocurrency Index (IRCI) survey has reached out to “everyday Australians and reflects the nation as a whole,” instead of focusing on digital asset users.The...

Bitcoin’s Christmas continued with a bullish performance as the cryptocurrency has marked another all-time high – this time breaking above $25,000. Most altcoins have also added value, including Litecoin – a 15% surge for LTC has taken it to a new yearly high of about $130.Bitcoin Paints A Fresh ATH Above $25KAfter dumping to $22,700 on December 21st, just five days ago, BTC’s price performance has been quite impressive: The asset overcame $23K and $24K in the following days and, despite high...

BitcoinBitcoin saw a further 7.5% price surge over the past week, with today’s 5% price hike putting it at a new ATH of $24,660. The cryptocurrency had penetrated above  $20,000 on December 16th, and it continued to rise last week until it met resistance at $23,853 (1.618 Fib Extension – purple).The buyers struggled to break this resistance over the last few days as it went on to trade sideways between $23,853 and the support at $22,708 (.236 Fib Retracement).Bitcoin rebounded from the lower...