Tag Archives: xrpusd

Massive amounts of Ripple’s XRP have been transferred to various exchanges, including $400 million sent to Bithumb in three separate transactions. One possible explanation for this could be the fact that there’s the SPARK (FLR) airdrop coming in two days, causing investors to capitalize on the opportunity and receive 1:1 FLR tokens on their XRP holdings. XRP Sent Around in Massive Chunks Over the Past 24 HoursData from the well-known whale-tracking transaction resource Whale Alert shows a...

XRP holders are eligible for the upcoming SPARK token airdrop. The community is getting excited about the event as the date draws near. Only users who hold XRP are eligible for the airdrop, and they will receive FLR based on XRP they have. Below is everything you need to know about it and the exchanges that have announced support for it.What Is An Airdrop? An airdrop means distributing a cryptocurrency or token as rewards or gifts to users or wallet addresses. Crypto projects use airdrops as...

Following the steep price drop of nearly $2,000, bitcoin bounced off the $17,600 bottom and has risen above $18,000 again. Most alternative coins have also recovered some of the losses, and the market cap has added about $20 billion since yesterday.Bitcoin Reclaims $18,000After the relatively calm weekend bitcoin had where it dabbled with the $19,000 price tag, the cryptocurrency experienced a significant drop yesterday. BTC went from a high of $19,300 to $18,000 before continuing south to...

XRP/USD – XRP Remains Inside Consolidation PatternKey Support Levels: $0.556, $0.5, $0.45.Key Resistance Levels: $0.648, $0.68, $0.70.XRP has been trapped inside a symmetrical triangle since the last week of November. The coin bounced from the support at the lower boundary of the weekend but has since struggled to break the resistance at the upper boundary.The coin is quickly approaching the apex of the triangle where we can expect a breakout in either direction. This could happen over the...

Despite briefly dipping beneath $19,000 after another rejection, bitcoin has reclaimed that coveted level and currently trades above it. Most alternative coins have lost some steam since yesterday and have charted minor losses.Bitcoin Stopped At $19,400The primary cryptocurrency had a mostly calm weekend following the highly volatile week. Bitcoin displayed stagnation around the $19,000 mark with a few unsuccessful attempts to break above $19,400.In the past 24 hours, BTC tried to break above...

XRP/USD – Falls From $0.68 After BTC Price DipKey Support Levels: $0.6, $0.55, $0.5.Key Resistance Levels: $0.65, $0.68, $0.718.Last week, XRP dropped from $0.75 to meet the support around $0.5. From there, it started to climb higher over the weekend slowly but was unable to overcome resistance at $0.68 (1.414 Fib Extension) over the past two days.Today, it fell lower in tandem with Bitcoin and spiked as low as $0.557 before rebounding to hit the current $0.625 level.XRP/USD 4HR Chart....

After dabbling around $16K – $17K for a few days, Bitcoin has soared back above $18K. Most alternative coins have also increased in value, adding $30 billion to the total market cap in a day.Bitcoin Jumps to $18KFollowing the vigorous price dips from earlier this week that resulted in BTC losing more than $3,000 in hours, the asset consolidated around $17,000 for a few days.Bitcoin charted a few more drops beneath that level. However, the situation changed over the weekend. The primary...

The San Francisco-based payment protocol has filed a document on Friday with the US Securities and Exchange Commission (SEC). It reads that Ripple Labs has entered into an agreement with MoneyGram, which entitles Ripple to sell up to 4,000,000 shares of common stock.Ripple’s option to sell these shares will expire “upon the earliest of March 31st, 2021, the time at which the maximum amount shall have been sold, or the occurrence of certain other customary events affecting the...

Bitcoin’s volatility continues with full force as the asset made another $1,000 move in the past 24 hours. Most alternative coins have marked minor gains following the recent price drops.Stellar has been on a tear in the past week and XLM has found a place in the top ten after a triple-digit surge.Bitcoin Struggles With $17KFollowing the most substantial gains marked in 2020 that led to the yearly high of $19,500, Bitcoin bears took control over the asset. As a result, BTC experienced...

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...