This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) The market turned bearish and Ethereum has lost its support at $2,400, falling by 21% in the past seven days. This market-wide drop impacted almost all cryptocurrencies with most in double digit losses in the past week. In the […]
XRP drops to $2.2 as market turns bearish. Key Support levels: $2, $1.6 Key Resistance levels: $3, $3.4 1. Bears Return Over the past 24 hours, XRP’s price fell by 8% and approached $2.2. This has turned the momentum bearish, and the price could easily test the key support at $2 in the coming days […]
Investors pulled $508 million from digital asset investment products last week, pushing two-week outflows to $924 million. This reversal comes after an 18-week period of inflows totaling $29 billion. CoinShares attributed the decline to market caution following the US Presidential inauguration, with concerns over trade tariffs, inflation, and monetary policies unsettling investors. The period also […]
Ripple’s price has been on a massive uptrend over recent weeks, even with the flash crash it experienced a couple of weeks ago. Yet, for a further bullish continuation to materialize, a specific resistance range needs to be overcome. By Edris Derakhshi (TradingRage) The USDT Paired Chart Against USDT, the cryptocurrency has recently gone through […]
TL:DR; Ripple’s cross-border token is taking the ongoing market crash quite severely, with its price dumping by over $1 within a day. Although it has bounced off to above $2 now, there’s a warning sign that suggests its run could have been halted, at least for now. XRPUSD. Source: TradingView The chart above paints a […]
TL:DR; The entire crypto market turned red on Sunday morning, but some altcoins were hit harder than others. XRP’s price decline came just hours after a warning by a popular analyst that whales have started to sell off their holdings. XRPUSD. Source: TradingView The third-largest cryptocurrency failed to go into uncharted territory a few weeks […]
Grayscale has applied to the U.S. Securities and Exchange Commission (SEC) to change its XRP Trust into an exchange-traded fund (ETF) on NYSE Arca. According to a filing lodged with the regulatory agency, the XRP Trust is among the largest investment instruments anchored to Ripple’s native token, with more than $16 million in assets under […]
TL:DR; Ripple’s cross-border token has slumped hard with the rest of the market today, dumping to a two-week low of under $2.7. While that’s a big move on its own, the squeezing Bollinger Bands suggest that XRP could face another one soon. XRPUSD. Source: TradingView XRP Dumps 15% It’s safe to say that Ripple’s native […]
TL:DR; Cryptocurrency prices tend to react positively to favorable news and developments coming from big names, especially if they are outside the industry. XRP’s case from the past hour or so was another confirmation of this narrative, as the asset jumped by 5% in the timeframe. XRPUSD. Source: TradingView The news in question came from […]
TL;DR XRP jumped 43% in a week, nearing its all-time high, with analysts eyeing $4–$8 targets amid rising adoption and US political shifts. One skeptic dismissed $100+ predictions as unrealistic due to market cap limits, calling XRP a “distraction” compared to Bitcoin (BTC). ‘XRP is a Distraction’ Ripple’s XRP has been flying high in the […]