Category: XRPUSD

Ripple (XRP) Price Roars Towards $0.8350 Moves In Upward Channel

XRP has lost almost 17% since January 2 from the highs of $0.8659. The price gains more than 1% on Saturday from the lows of $0.7680. At the time of writing, the XRP price has been hovering near higher levels. XRP extends the previous session’s gains today with more than 1% gains. The Altcoin rises […]

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After Volatile Week BTC Reclaims $43K, Litecoin Spikes 8% (Market Watch)

After Volatile Week BTC Reclaims $43K, Litecoin Spikes 8% (Market Watch)

After yesterday’s drop to sub-$42,000 levels, bitcoin bounced off and spiked to around $43,000. Most altcoins are slightly in the green as well on a daily scale, with BNB nearing $500 and more impressive gains from Litecoin and ATOM. Bitcoin Touches $43K The past several days seemed quite positive for the primary cryptocurrency. The asset […]

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Ripple Price Analysis: XRP Rallies 10% After Hitting the $0.7 Support But is the Breakout Imminent?

Ripple Price Analysis: XRP Rallies 10% After Hitting the $0.7 Support But is the Breakout Imminent?

Key Support levels: $0.70 Key Resistance level: $0.85 The ABC correction appears to be completed after XRP successfully tested the $0.70 support level earlier this week. Since then, the price has moved higher and is approaching the resistance at $0.85. XRP may retest the key support again before a sustained breakout can take place. At […]

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Bitcoin Struggles at $42K Ahead of New Week, AVAX Up 6% (Market Watch)

Bitcoin Struggles at $42K Ahead of New Week, AVAX Up 6% (Market Watch)

Following the latest price corrections, bitcoin attempted a quick recovery in the past 24 hours but was stopped at its tracks at nearly $43,000. Most altcoins are slightly in the green, while a few have produced more impressive increases, such as Avalanche and Polygon. Bitcoin Stopped Before Reaching $43K The primary cryptocurrency has been on […]

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$300B Gone From Crypto Markets in 3 Days: Bitcoin Dipped Below $41K (Weekend Watch)

$300B Gone From Crypto Markets in 3 Days: Bitcoin Dipped Below $41K (Weekend Watch)

Bitcoin’s situation worsened once more hours ago as the asset dropped to a new three-month low beneath $41,000. Most altcoins are in a similar position today, and the overall losses from the past three days grew to $300 billion. Bitcoin’s Latest 3-Month Low It’s safe to say that the primary cryptocurrency has seen better days. […]

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Weekend Watch: After Volatile Week BTC at $42K, LINK Explodes 13%

Weekend Watch: After Volatile Week BTC at $42K, LINK Explodes 13%

After the enhanced fluctuations in the past several days, bitcoin finally calmed around $42,000. The situation with the altcoin is quite similar, except for Chainlink. LINK surged by 13% and trades above $26. Bitcoin Sits Still at $42K It’s safe to say that the past few days didn’t go well for the primary cryptocurrency. On […]

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China’s Xiangtai food Co. buys 686 spot Bitcoin miners despite mining ban

Xiangtai Food Co., Ltd., a Nasdaq-listed Chinese food company has bought 686 spot Bitcoin miners that are worth US$6 million via its United States subsidiary called SonicHash LLC. While the mining operations would be continued in New York, the fact that the Chinese government has issued an all-out ban against crypto companies could brew some trouble […]

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Can Ethereum lose its Defi dominance? JPMorgan believes so

The pro-crypto Wall Street giant, JPMorgan took a rather surprising stance against the dominating blockchain, Ethereum and its coin, Ether ($ETH). JPMorgan highlighted that Ethereum is already losing its rank in the Defi sphere to the up and coming competitors, and may lose further if it does not escalate the time taken for scalability upgrades. […]

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$200 Billion Evaporated From Crypto Markets as Bitcoin Drops to 3-Month Low (Market Watch)

$200 Billion Evaporated From Crypto Markets as Bitcoin Drops to 3-Month Low (Market Watch)

After consolidating around $47,000 for several days in a row, bitcoin dumped by double-digit percentages in the past 24 hours to a three-month low beneath $43,000. The altcoin space is also deep in the red as the entire market cap lost $200 billion in a day. Bitcoin Plummets Hard The past several days seemed quite […]

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