Another day of inactivity and consolidation for Bitcoin has kept the king of crypto just above support. Its lethargy has resulted in another dip in market share as a few of the altcoins start to make bigger moves. Ripple’s XRP, Stellar Lumens and 0x are among them. Bitcoin Dominance Dip Good For XRP A couple…
Throughout the first half of 2019, XRP’s price was stagnant within the mid-$0.20 region, and it failed to incur any momentum that matched that incurred by other major altcoins that posted meteoric gains throughout the first several months of 2019. It is important to note, however, that the embattled crypto has been able to garner…
Ripple price is correcting lower and is trading below the $0.2750 pivot level against the US dollar. The price is holding the $0.2700 support area, but it is facing a strong resistance. There is a key bullish trend line forming with support near $0.2700 on the hourly chart of the XRP/USD pair (data source from…
Ripple price is currently correcting gains after setting a new weekly high at $0.2872 against the US dollar. The price is trading below the $0.2800 level and it might correct towards the $0.2720 support. There was a break below a connecting bullish trend line with support near $0.2775 on the hourly chart of the XRP/USD…
Bitcoin has started once again trading sideways after a breakdown from its previous trading range, and when Bitcoin trades sideways, altcoins often get their time to shine. Thus far in October, altcoins have outperformed Bitcoin by a wide margin, and according to crypto analysts, the surge in alts could last all month long and have…
Ripple price started a downside correction after rallying towards the $0.2850 resistance against the US dollar. The price is currently holding the key $0.2720 and $0.2700 support levels. There is a short term breakout pattern forming with resistance near $0.2800 on the hourly chart of the XRP/USD pair (data source from Kraken). The price might…
Ripple price remained in a positive zone and rallied another 5% above $0.2750 against the US dollar. The price is trading in an uptrend, but it is now facing a strong resistance near $0.2850. There is a rising channel forming with support near $0.2780 on the hourly chart of the XRP/USD pair (data source from…
After facing a sharp sell-off yesterday, Bitcoin was once again able to find support within the upper-$7,000 region, and its recovery back above $8,000 has triggered a notable XRP rally, which is sparking hopes that the next “altseason” is inbound. XRP’s rally today has led analysts to note that its technical strength is currently building,…
Altcoins like Ethereum, Litecoin, and XRP have struggled to recapture lost market share from Bitcoin in 2019. This has been reflected by a sharp increase in Bitcoin dominance – a metric that has increased steadily throughout the year. But as Bitcoin dominance begins to break down from recent highs, altcoins have begun to show signs…
Ripple price is gaining bullish momentum above the $0.2600 resistance area against the US dollar. The price is up around 5% and it recently broke the $0.2650 resistance area. There is a connecting bullish trend line forming with support near $0.2550 on the hourly chart of the XRP/USD pair (data source from Kraken). The price…