Tag Archives: xrpusd

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...

XRP saw a sharp 6% price rise over the past 24 hours to bring it to $0.186.Before this, XRP was trading sideways along with the support at $0.175.Against Bitcoin, XRP rebounded from 1900 SAT to reach 2000 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.175, $0.171, $0.157.Resistance: $0.195, $0.20, $0.21.XRP/BTC:Support: 1950 SAT, 1900 SAT, 1890 SAT.Resistance: 2050 SAT, 2100 SAT, 2200 SAT.XRP/USD: XRP Bulls Finally Wake UpXRP fell beneath a descending triangle pattern toward the...

BitcoinBitcoin pretty much moved sideways this week after slipping by a small 1%. While predominantly trading in a tight range, BTC did slip beneath a critical level on a couple of occasions but has managed to recover.Last week, Bitcoin fell beneath a rising trend line formation that had been in play since mid-March. This provided the first alert that the uptrend could be stalling. This week, BTC has found support at a shorter termed rising trend line, adding to the strength of the support at...

XRP has moved sideways over the last few days as the bulls battle to defend $0.175.A break beneath $0.175 could result in XRP unwinding toward $0.15.Against Bitcoin, XRP continues to make lower lows as the sellers flirt with breaking beneath 1900 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.175, $0.171, $0.157.Resistance: $0.185, $0.192, $0.20.XRP/BTC:Support: 1900 SAT, 1890 SAT, 1873 SATResistance: 1950 SAT, 2000 SAT, 2070 SAT.XRP/USD: Bulls Continue Defence of .5 Fib...

XRP saw a sharp 6% price drop over the past week as the bulls battle to defend $0.175.A break beneath $0.175 would result in XRP unwinding toward the $0.15 level.Against Bitcoin, the disaster continues as it created fresh lows beneath 1950 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.175, $0.171, $0.165.Resistance: $0.185, $0.192, $0.20.XRP/BTC:Support: 1900 SAT, 1890 SAT, 1873 SATResistance: 1950 SAT, 2000 SAT, 2070 SAT.XRP/USD: Buyers Battling To Defend .5 Fib RetracementXRP...