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Crypto Markets Rise as Bitcoin Jumps Above $3,700
The crypto markets are in the process of wrapping up a volatile week on a positive note, as virtually all major altcoins have surged today after Bitcoin jumped nearly 3% into the mid-$3,700 price region. Although Bitcoin is currently leading the markets, if it is able to stabilize at, or above, its current price levels,…
Ripple Rate Analysis: XRP Combines For the Eighth Straight Day
Ripple prices in a 2 cents trade range below 34 cents Mercury FX demonstrates the power of XRP Prices ranging as daily average trading volumes drop t0 23 million—streams from BitFinex Although the path of least resistance ought to be northwards, sellers are currently pinning down bulls. Nonetheless, our XRP/USD trade plan is upbeat, and…
Ripple Rate Analysis: XRP Likely Getting Ready For The Next Trip
Ripple price is trading in a tight range above the $0.3240 and $0.3200 support levels against the US dollar. There is a major contracting triangle formed with resistance at $0.3290 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to make the next move either above $0.3300 or…
Bitcoin Trades Flat as Crypto Markets Experience Mixed Trading Session
Bitcoin is currently trading sideways, which is leading the crypto markets to experience a mixed trading session following yesterday’s volatility. Ethereum is currently one of the worst performing altcoins as it has failed to post a strong recovery following yesterday’s drop that was caused by its highly-anticipated Constantinople hard fork being delayed. Although the crypto markets…
Ripple Cost Analysis: XRP and xRapid Success Negate Critics
Ripple price steady and bullish Brad Garlinghouse’s pride, xRapid gaining traction Transaction volumes thin as XRP consolidates inside Jan 14 high low Prices may be all over the place and consolidating inside Jan 14 bull bar but our last XRP/USD price analysis remain the same. As long as XRP prices trend above 30 cents, bulls…
Ripple Cost Analysis: XRP at Possibly Secret Turning Point
Ripple price traded to a new weekly high at $0.3384 and later corrected lower against the US dollar. There was a break below a key bullish trend line with support at $0.3250 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must trade above $0.3260 and the 100 hourly simple…
Bitcoin and Crypto Markets Drop Somewhat Following Current Cost Rise
Following yesterday’s market surge, the crypto markets have dropped slightly but Bitcoin is still trading well above its recently established support level at $3,550. Currently, most major cryptocurrencies are trading down 1% or more Analysts now expect the markets to trade within a relatively tight range for the near future, which could be proceeded by…
Bitcoin Bounces to Above $3,700 Leading the Crypto Markets to Rise
Following the crypto market’s recent downturn that sent many altcoins spiraling down 10% or more as Bitcoin fell to lows of approximately $3,550, the markets have regained some strength and bounced today, leading most altcoins to surge 5% or more. Today’s upwards move after a volatile weekend seems to confirm that Bitcoin is in fact…
Ripple Rate Analysis: XRP Discover Assistance as Bears Decrease
Ripple price 3 cents from the primary support Exim bank set to adopt the xRapid system by the end of March 2019 Transaction volumes low but XRP is technically bullish Over and above everything, Sep 2018 rally guides our medium to long-term price projection. In the short-term, price drops below our support line at 30…
Ripple Rate Analysis: XRP At Threat of Extra Losses Listed Below $0.3000
Ripple price extended losses and broke the $0.3300 and $0.3200 support levels against the US dollar. There is a key connecting bearish trend line with resistance at $0.3275 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may correct a few points, but it remains at a risk of more…