Bitcoin price exploded yesterday, sending altcoins reeling. Today, however, alts have recovered but still haven’t caught up to the top cryptocurrency. One crypto analyst, comparing past market cycles, believes that altcoins are going to “tank” against Bitcoin, taking them to the maximum point of financial opportunity. After the violent shakeout last time around, altcoins rocketed…
The DeFi boom and an explosion of ROI across altcoins helped bring bullish sentiment back to crypto, and it helped push Bitcoin above $10,000 and hold the key level for the longest stretch ever. But while altcoins had regained some lost ground against the most dominant cryptocurrency, BTC dominance has potentially reversed, and if closes…
Bitcoin has recently been picking up steam, stealing some of the capital and thunder from the DeFi trend and Ethereum. XRP, however, continues to lag behind both top crypto assets and linger sideways. According to the Bitcoin trading pair, however, Ripple could soon rip against the leading cryptocurrency by market cap and catch up against…
Ripple remained in a positive zone above the $0.2500 support against the US Dollar. XRP price is likely to rally further if it clears the main $0.2600 resistance. Ripple started following a nice bullish path above the $0.2450 resistance against the US dollar. The price is now trading well above $0.2500 and the 100 simple…
XRP continues to lag behind the rest of the market, but an inverse head and shoulders pattern has investors hopeful that the altcoin will soon outperform Bitcoin, Ethereum, and others finally after a period of stagnancy. Ripple holders, however, may want to avoid getting ahead of themselves, as two other, much larger matching reversal patterns…
Ripple failed to stay above the $0.2500 pivot level and started a fresh decline against the US Dollar. XRP price is likely to continue lower towards $0.2380 or $0.2350. Ripple started a fresh decline after it struggled to clear the $0.2590-$0.2600 zone against the US dollar. The price is now trading below the $0.2500 support…
Ripple rallied further 4% and it cleared the main $0.2550 resistance against the US Dollar. XRP price is now showing bullish signs, and dips could find strong bids near $0.2500 or $0.2450. Ripple extended its rally above the $0.2520 and $0.2550 resistance levels against the US dollar. The price traded to a new weekly high…
Ripple failed to clear the $0.2450 resistance and declined sharply against the US Dollar. XRP price is now trading below the $0.2380 support and remains at a risk of a drop to $0.2200. Ripple is down more than 4% and it failed to clear the main $0.2450 resistance against the US dollar. The price is…
Ripple spiked higher and retested the key $0.2550 resistance area against the US Dollar. XRP price failed to break $0.2550 and it is now showing bearish signs below $0.2450. Ripple failed to clear the $0.2550 resistance level and likely formed a double top against the US dollar. The price is now trading well below the…
Weeks ago, XRP outperformed the rest of the market, surprising Ripple investors and other crypto holders alike. A recovery looked to be in full effect, but the altcoin has since fallen back to the bottom of weekly cloud support where bulls are trying to hold. If the cryptocurrency loses cloud support on weekly timeframes, it…