XRP has been facing some weakness throughout the past several days and weeks, with buyers being unable to propel it above the key $0.30 region. Despite this short-term weakness, analysts believe that its mid-term outlook is incredibly bright. One trader is now noting that he is expecting the cryptocurrency’s price to see a major upswing…
Following the leads of Bitcoin and Ethereum, XRP has stalled in the past 24 hours after a short push higher. The altcoin has flatlined around $0.285 over the past day, consolidating under the pivotal $0.30 resistance. Despite the consolidation and the medium-term pullback from last week’s local highs, the asset’s on-chain and technical outlook remains…
Ethereum gained bullish momentum above the $400 resistance against the US Dollar. ETH price is currently consolidating above $400 and it is likely to climb above $410. Ethereum is following a positive path above the $398 and $400 support levels. The price climbed to a new weekly high near $411 and settled above the 100…
Ripple is following a bullish path from the $0.2780 pivot zone against the US Dollar. XRP price is currently trading above $0.2850 and facing crucial hurdles near $0.2950. Ripple is trading in a positive zone above the $0.2850 support zone against the US dollar. The price must stay above $0.2850 and the 100 hourly SMA…
Bitcoin’s powerful 2020 rally may have taken a short pause, but the cryptocurrency holding strong above the one-month Ichimoku cloud could be a sign that more upside is coming soon. However, a comparison to the last Bitcoin market cycle shows that the cloud could rain on bulls’ parade any day now, causing the last correction…
Analysts are widely growing bullish on Bitcoin’s mid-term outlook as the cryptocurrency continues consolidating within the upper-$11,000 region. After a bout of slight weakness last week, BTC is beginning to express signs of strength as buyers push its price up towards $12,000. Until it is able to firmly surmount this level and gain a strong…
In a week that will see the world central bankers convening a virtual conference on the future of the economy, Bitcoin is rising. The benchmark cryptocurrency kicked off Monday with modest gains against the US dollar. It was up by $150, or 1.3 percent, to trade near $11,800 ahead of the New York opening bell.…
ATOM, the native token of interoperable blockchain Cosmos, was on a roller coaster ride in the last 24 hours. The 17th-largest cryptocurrency by market capitalization surged by almost 35 percent in the said timeframe as it established a record high at $8.67. The ATOM/USD exchange rate grew more influential on traders’ increasing appetite for decentralized…
Polkadot (DOT) has become a rising star within the crypto industry, with its price seeing significant upwards momentum as the blockchain incurs growing utility. Its massive surge seen throughout the past few weeks has allowed it to climb the ranks with regards to market cap, with it now being the tenth largest cryptocurrency – falling…
Bitcoin and the aggregated crypto market have seen some mixed price action over the past few days, with major digital assets showing signs of weakness while smaller market cap altcoins continue seeing bullish price action. Both BTC and ETH did place some pressure on the entire market overnight, sparking a retrace amongst most altcoins. That…