Tag Archives: xrpusd

BitcoinBitcoin saw a small 1% price decline this week, but it managed to remain within the confines of a symmetrical triangle pattern.Throughout the week, BTC attempted to break above the upper boundary of the triangle on numerous occasions but failed each time. The coin recently found support at the lower edge of the triangle.BTC can be considered directionless (neutral) until a breakout occurs from this triangle. If it breaks toward the upside, then BTC can be expected to head back to the...

With a bit of delay following the Twitter hack, Bitcoin finally sees a slight movement downwards to $9,100. Interestingly, this time the three major US stock market indexes decrease in value with a similar percentage.The situation appears much more favorable in the low-cap altcoin market, as massive gainers include Aurora, Ampleforth, and Algorand.Bitcoin With A Quick DipFollowing the most discussed topic of the infamous Twitter hack from a few days ago, BTC’s involvement remained unnoticed,...

XRP has traded sideways today as it rises by a small 0.15% to reach $0.1985.The coin is currently battling to climb back above the $0.20 level.Against Bitcoin, XRP is starting to grind lower after reaching 2200 SAT last week.XRP/USD: XRP Bulls Defending 100-day EMAKey Support Levels: $0.192, $0.18, $0.175.Key Resistance Levels: $0.20, $0.21, $0.215.XRP managed to reach as high as the 200-days EMA last week, as the coin hit the $0.21 level. From there, XRP started to slowly grind lower over...

XRP surged by a strong 9.5% over the past week as the coin reclaims $0.20.The cryptocurrency is facing strong resistance at the 200-day EMA at around $0.21.Against Bitcoin, XRP has started to recover as it attempts to break the 2200 SAT resistance.XRP/USD: XRP Buyers Holding Above $0.2Key Support Levels: $0.192, $0.18, $0.175.Key Resistance Levels: $0.215, $0.225, $0.235.Last week, XRP bounced from the $0.175 (.5 Fib Retracement) support as it climbed above the 100-day EMA to break $0.2. It...

Cryptocurrency markets have remained in consolidation over the weekend with little movement from the high cap coins. Total market capitalization has increased slightly to $274 billion, but in general, things have remained in consolidation.Bitcoin prices dipped to a weekend low of $9,150 (Bitstamp), but things had recovered slightly during Monday’s first hours of trading. At the time of writing, prices were nudging $9,240, but the overall outlook for BTC was still range-bound.Bitcoin Price...

BitcoinBitcoin saw a small 1% increase this week as it continued to trade sideways within the confines of a symmetrical triangle pattern. BTC has been trapped within this triangle since the start of June 2020, and a breakout will dictate the next direction.Looking ahead, if the buyers can rebound from the lower boundary of the triangle and push above the upper boundary, the first level of resistance will be located at $9,815. This is followed by additional resistance at $10,000, $10,226, and...

Bitcoin and most altcoins have retraced slightly in the past 24 hours, after a few days of gains. Interestingly, similar price fallbacks are visible in the traditional stock markets, as the Dow Jones is down by 1.4%.Bitcoin’s False BreakoutAfter the unsuccessful attempt to conquer $9,500, Bitcoin hovered above the significant 50-MA level at $9,300. However, the primary cryptocurrency has since slipped below it as it went from $9,440 to its current position at $9,150 in a few hourly candles....

XRP saw a serious 8.3% increase today as it returned to the $0.2 level.The latest price rise allowed XRP to climb above the 100-day EMA as it attempts to start a recovery.Against Bitcoin, XRP finally rebounded from 1900 SAT to climb toward 2160 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.196, $0.192, $0.175.Resistance: $0.21, $0.215, $0.225.XRP/BTC:Support: 2100 SAT, 2070 SAT, 2000 SAT.Resistance: 2200 SAT, 2250 SAT, 2360 SAT.XRP/USD: XRP Bulls Reclaim $0.2XRP started July off...

Numerous alternative coins are booming during the past 24 hours, while Bitcoin remains stable. Consequently, this has raised the question of whether or not the cryptocurrency market is entering another altcoin season.Altcoins PumpingThe majority of the market is well in the green today, with some impressive gains from altcoins. Yet, none has increased its value from the top 100 coins by market cap more than Dogecoin (DOGE).Its surge of over 50% means that DOGE is now trading at $0.0043 and 46...

The past 24 hours were somewhat positive for most financial markets, including the cryptocurrency field. While Bitcoin was on the rise and gained $300 intraday, the S&P 500 index and the Dow Jones are up by nearly 2%. Nasdaq marked a new all-time high after an increase of 2.2%Crypto Market Goes UpAlthough Bitcoin was fighting to remain above the coveted $9,000 mark hours ago, the bulls managed to gain control and pushed it upwards. The primary cryptocurrency registered price increases as...