Tag Archives: xrpusd

XRP/USD – Bulls Attempt To Hold $0.37.Key Support Levels: $0.27, $0.35, $0.319.Key Resistance Levels: $0.4, $0.45, $0.5.XRP has been on an epic rollercoaster of the last week of trading. The coin had managed to penetrate above a symmetrical triangle toward the end of January as it started its bullish surge higher toward $0.5.On the 1st of Feb, XRP exploded higher to reach $0.77. However, by the end of the day, it quickly came crashing down as it dropped 52% from the high to close the candle...

Despite another attempt to overcome $35,000, bitcoin has continued to trade inside the tight range of $33K to $35K.In contrast, large-cap altcoins, along with some DeFi ‘stars’ had performed a lot better. This includes a new ATH for Binance Coin, Ethereum rising above $1400, getting near the previous January 2018 ATH range. On the other side, XRP has plummeted following the recent gains.Binance Coin Surpassing $50 To New ATHMost of the large-cap altcoin market is well in the green against the...

XRP/USD: Pump and DumpKey Support Levels: $0.35, $0.319, $0.30.Key Resistance Levels: $0.4, $0.45, $0.5.XRP managed to break the previous consolidation phase over the weekend as it penetrated above a symmetrical triangle pattern. The coin continued to climb after breaking to close the daily candle at $0.5 yesterday.Today, XRP started the day by rising 50% to reach as high as $0.77, in what is suspected to be an organized pump. However, because of that reason, the dump wasn’t late to come.XRP...

After a sharp drop that led BTC for another retest of $32,000, the asset has recovered and climbed back up to nearly $34,000, as of now. However, its dominance continues to decrease as some alternative coins have outperformed their leader, including XRP surging above $0.60.Bitcoin Eyes $34,000The primary cryptocurrency went through a roller-coaster on Friday after Tesla’s CEO Elon Musk updated his Twitter profile to include “Bitcoin” as the only description.The asset responded with an...

Following the highly volatile few days in which BTC displayed $6,000 price moves in both directions, the cryptocurrency has calmed around $34,000. At the same time, XRP and a few more altcoins have exploded in value and reduced BTC’s dominance to 62.5%. Uniswap’s UNI token even hit $20.XRP’s Massive Surge Reclaims #4th SpotThe past few days have been anything but boring in the cryptocurrency space – from the retail-driven hype for Dogecoin and up to four-digit gains, through the Elon...

There are no boring days on the cryptocurrency market, and that’s particularly true for this week. After the GameStop saga, Dogecoin’s pump, and Elon Musk putting Bitcoin in his bio, it appears that it’s now XRP’s time to shine.The price for Ripple’s native cryptocurrency, XRP, has increased by as much as 80% in a few short hours. Less than 12 hours ago, the coin was trading at around $0.28 but has since surged to an intraday high of $0.51 for an increase of about 80%.The price has since...

XRP/USD – XRP Breaks Symmetrical Triangle.Key Support Levels: $0.35, $0.34, $0.32.Key Resistance Levels: $0.4, $0.417, $0.45.XRP has been trapped in a symmetrical triangle pattern for the entire period of January 2021. The cryptocurrency was holding support at $0.263 (.618 Fib) for the past three weeks but slipped into the lower boundary of the triangle, around $0.25, on Wednesday.From there, it rebounded higher and spiked above the triangle yesterday. However, by the daily candle close, XRP...

After a highly volatile day prompted by Elon Musk’s Bitcoin engagement on social media, BTC has retraced back to around $34,000, as of writing these lines. Most alternative coins also went along the ride, and the total market cap has sustained the $1 trillion mark.Bitcoin’s 24 Hours Wild RideThe primary cryptocurrency was struggling in the past several days as it even dipped beneath $30,000 on a few occasions that were quickly bought by the bulls. As a result, Bitcoin dominance was fading,...

BitcoinBitcoin is up by a cool 20% over the past week as it currently trades near the $35,700 handle. The number 1 ranked cryptocurrency had been trapped within a range for the majority of the week as it oscillated between $33,000 and $30,000.Looking at the larger picture, Bitcoin was trading within a descending triangle pattern since hitting the new ATH price at $42,000 in early January 2021. It had spiked beneath the lower boundary of this triangle at $30,000 throughout the week but managed...

The cryptocurrency market capitalization has exploded above $1 trillion as Bitcoin surged to $38,000 following a recent pro-BTC action taken by Tesla’s Elon Musk.The alternative coins joined the ride as well, including Ethereum touching $1,400 and XRP surging above $0.28.Bitcoin Touches $38K Following Musk’s EngagementCryptoPotato reported earlier that the primary cryptocurrency was struggling with maintaining its price above $32,000. While the bears were looming in, a compelling development...