Tag Archives: xrpusd

Over $20 billion of total market cap have disappeared in the past 24 hours as most cryptocurrencies are retracing heavily.Bitcoin lost $700 following a rejection at $12,000, Ethereum drops by 8%, as of now, following a 15% daily plunge at the peak (as of writing these lines).Polkadot becomes the top 5 cryptocurrency, enjoying Chainlink’s 10% loss.Bitcoin Dives By 5%Less than 36 hours ago, Bitcoin attempted another overtaking maneuver to surpass the coveted $12,000 mark. However, the bears...

XRP climbed by a small 3% this week as it reached the $0.29 level.Toward the end of last week, the coin bounced higher from the .382 support at $0.264.Against Bitcoin, XRP penetrated above a falling trend line.XRP/USD – Bulls Bounced from .382 Fib SupportKey Support Levels: $0.28, $0.264, $0.256.Key Resistance Levels: $0.3, $0.313, $0.321.Since the start of August, XRP has mostly been trading within a falling price channel. Over the past fortnight, the coin had dropped beneath $0.3 and...

Following a few days of adverse price movements, most of the cryptocurrency market is recovering and is in the green today. Bitcoin is up to $11,500, Ethereum is trading above $400 for the first time since Tuesday. Even more impressive gains are evident from the lower-cap alts.Bitcoin Back Above $11,500The primary cryptocurrency saw its fair share of price dumps in the past few days. BTC even experienced quite volatile developments following an announcement from the US Federal Reserve...

BitcoinBitcoin saw a small 4% price drop this week as it headed into the $11,300 support (downside 1.272 Fib Extension). During the week, the coin broke beneath the August rising trend line. The bulls attempted to recover, but the previous support flipped into resistance and the buyers failed to overcome it.On Tuesday, Bitcoin plummeted by 6% from $11,770 to a low of $11,150 (.382 Fib Retracement). Luckily, the bulls pushed higher to close the daily candle above the $11,300 support (downside...

Despite Bitcoin’s tumultuous performance following an announcement of the US Federal Reserve regarding its new approach to average inflation targeting, the cryptocurrency has managed to stabilize around $11,400 where it’s currently trading at.Elsewhere, Chainlink and Polkadot are both in red but LINK has returned to the top 5 coins by market cap.Bitcoin Spikes And DropsAs CryptoPotato reported yesterday, the US Federal Reserve announced new plans to target inflation averaging 2% over time....

Police in Seoul has forayed the offices of one of the biggest crypto exchanges in South Korea, Coinbit. Allegedly the firm has faked more than 99% of its trading volume.Coinbit Banks Over $85MAccording to a recent news report, authorities stormed the offices of the company early today. The suspicion is that Coinbit has manipulated users, faking a large portion of its trading volume. This has allegedly earned the exchange $85 million in illegal income during the process.The Seoul Metropolitan...

XRP dropped by a total of 7% yesterday as it reached as low as $0.27.The coin has since rebounded together with Bitcoin and the rest of the large caps.Against Bitcoin, XRP is forming a bearish triangle on the 4-hour chart, as it is getting closer to its apex (there is a higher chance of a breakdown than a breakup).XRP/USD – Bulls Battle To Defend 4-HR 200EMA Support.Key Support Levels: $0.27, $0.264, $0.256.Key Resistance Levels: $0.286, $0.3, $0.313.Since reaching the high-day close at...

The cryptocurrency market has lost $20 billion from its market capitalization, as the majority of cryptos in the red over the past 24 hours. Bitcoin’s current weekly low is at $11,100, while Ethereum reached the target of $370 as predicted by CryptoPotato.The giant blockchain, Polkadot, is trading around $5.40 after the DOT token was added to major exchanges earlier this week at a price of $3. DOT is recording a fantastic ROI of more than 80% over the past four days of trading. Polkadot is...

XRP saw a sharp 8% price decrease over this past week as it reached $0.287 today.The coin is currently trading within a descending price channel, while rebounded from the lower boundary on Saturday.Against Bitcoin, XRP is looking to maintain above the 2435 SAT support.XRP/USD – Descending Price ChannelKey Support Levels: $0.28, $0.264, $0.25.Key Resistance Levels: $0.3, $0.313, $0.321.Last week, XRP spiked into resistance at around $0.335 to a fresh 6-month high. This could have been a short...

The cryptocurrency market valuation has almost doubled year to date. Then why are XRP and BCH, two of the top 10 cryptocurrencies, down by more than 90 percent since hitting ATH, while all other coins are posting high returns?Can it be attributed to diminishing investment interest and community support? Or perhaps, the increasing trust in public and genuinely decentralized blockchains like Bitcoin, Ethereum, etc.XRP, BCH Amongst Top 10 but Still Down Over 90 Percent From ATHDespite being in...