Tag Archives: xrpusd

BitcoinBitcoin saw a slight retracement from its bullish rally this week after dropping 6.3% over the past 7 days. The cryptocurrency started the week on a bullish footing as it climbed higher from $18,000 and reached as high as $19,500. Unfortunately, it could not close a daily candle above $19,265 (1.272 Fib Extension) during the week.Yesterday, Bitcoin dropped by a steep 10% to the $17,000 region. The decline continued today as BTC fell into the $16,375 support – provided by a .5 Fib...

Bitcoin has recovered a bit since yesterday’s massive price drop to $16,250. Most alternative coins have also bounced off their most significant dips, and the total market capitalization has recovered over $30 billion in a day.Bitcoin’s Black Friday SaleFollowing weeks of gradual increases that led to BTC coming less than 3% away from its 2017 all-time high, the primary cryptocurrency plummeted yesterday.Bitcoin went from a high of $19,500 down to $16,250 in a matter of hours. In other words,...

XRP/USD – 33% Plummet Sees XRP Hitting $0.5 SupportKey Support Levels: $0.5, $0.45, $0.435.Key Resistance Levels: $0.55, $0.6, $0.65.XRP surged higher this week as it rallied into the $0.75 resistance level. Unfortunately, it was unable to break this resistance, which caused the coin to roll over yesterday. Today, the steep Bitcoin price drop caused XRP to head lower as it crashed into the support at the $0.5 level – provided by a .5 Fib Retracement.XRP spiked further beneath this to hit...

The cryptocurrency market experienced a massive nosedive today. $80 billion from the total capitalization were evaporated as Bitcoin plummeted below $17,000, while the altcoins had it even worse with notable double-digit price drops.The Red Sea Among The AltcoinsThe alternative coins enjoyed the past few weeks with some remarkable increases. This led to yearly records for many altcoins, including Ethereum reaching $620 and Ripple at nearly $0.90.However, the situation changed suddenly in the...

Founded in 1999, SBI Group is a financial services company based in Tokyo, Japan. Apart from offering numerous traditional financial services, the SoftBank Group subsidiary announced today a new cryptocurrency-related endeavor.SBI Group has introduced a digital asset lending service through its cryptocurrency arm – SBI VC Trade.The statement informed that the platform, dubbed VC Trade Lending, will initially support only Bitcoin. However, plans include adding support for Ether (ETH), Ripple...

XRP/USD – XRP Rampage Continues As Bulls Target $1Key Support Levels: $0.65, $0.6, $0.55Key Resistance Levels: $0.718, $0.75, $0.8, $0.85, $0.89.The unprecedented XRP rampage continued today with another 25.8% price surge allowing XRP to hit $0.69 at the time of writing. The cryptocurrency had actually pushed as high as $0.84 during today’s trading session but has since dropped lower.This price explosion took everybody by surprise this week when XRP started to climb above $0.3. From there,...

XRP/USD – XRP Turns Parabolic With 95% SurgeKey Support Levels: $0.5, $0.481, $0.45.Key Resistance Levels: $0.556, $0.58, $60.The growth of XRP over this past week is truly remarkable. The cryptocurrency managed to surge by over 95% when it started to climb from $0.28 to explode higher and test the 2019 highs at $0.556 today.The bulk of the price surge started on Saturday after XRP managed to break the 2019 high and push above $0.4 to reach the $0.48 level. The coin stalled on Sunday but...

Bitcoin’s volatility continued over the weekend with a few $1,000 moves taking it from a high of $18,800 to $17,700 and back. The altcoins, however, have kept their recent momentum going and have reduced BTC’s dominance over the market to about 63%.Bitcoin’s Volatile WeekendThe primary cryptocurrency displayed increased signs of volatility during the weekend. It started with charting a fresh yearly high on Saturday at nearly $19,000.After coming just inches away from breaking the 2017...

After almost touching $19,000 for the second time, Bitcoin has calmed and retraced below $18,500 (as of writing these lines). At the same time, most alternative coins have doubled-down on their recent gains. Ripple’s 60% weekly spike has helped the asset overcome Tether as the third-largest cryptocurrency by market cap.Bitcoin Slows Down After Doule-Top At $19KBTC’s latest impressive price developments led to a notable leg up yesterday and yet another fresh yearly high. This time, the asset...

XRP/USD – Bullish Explosion Leads To 17 Month HighsKey Support Levels: $0.4, $0.388, $0.378.Key Resistance Levels: $0.42, $0.44, $0.457.Today, XRP surprised everyone as it exploded by a powerful 32.5%. The cryptocurrency started the day at $0.33 as it started to push higher to reach as high as $0.44. It has since dropped slightly to trade at $0.413.The cryptocurrency had been showing signs all month that it was ready to start a bull run, but nobody could have guessed this type of price...