Tezos (XTZ) surged 15% over the past 24 hours amidst a general cryptocurrency market recovery and its recent listing on Kraken. The cryptocurrency has been one of worst affected by the market crash, falling over 90% since its one year high it reached in December. Despite being one of the worst major altcoins affected by…
The cryptocurrency markets posted some slight gains on Friday after seeing a massive selloff on Thursday that sent many altcoins down by more than 10% and pushed Bitcoin to its range support at $6,200. At the time of writing, Bitcoin is trading up slightly on the 24-hour chart, with a current price of just over…
Markets are still low this weekend; Tron gripped by fomo, XRP also recovering. Crypto markets are still very depressed as we enter the weekend. There has been no recovery from the mid-week dump which resulted in the loss of $20 billion from digital currencies. Total market capitalization is hovering just above $200 billion at the…
Key Highlights Ripple price declined further and traded towards the $0.3600 support zone against the US dollar. There is a monster bearish trend line in place with resistance near $0.4290 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could correct higher towards $0.4200 and $0.4290 in the short term…
Key Highlights Ripple price is under a lot of pressure below the $0.4900 and $0.4950 resistance levels against the US dollar. This week’s followed crucial bearish trend line is intact with resistance at $0.4850 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains at a risk of more losses…
Ripple Price Key Highlights Ripple is breaking above the descending trend line that’s been holding since the start of the month to signal a reversal. Price is still retesting the broken resistance, and there may be a chance that this could be a fake out. Technical indicators are also suggesting that the selloff could still…
Blockchain and cryptocurrency, although long posing a promising digital solution to many of the issues associated with archaic monetary and digital systems, may soon be growing out of its “Lambo” and “Crypto Bro Club” phase as the technologies see greater mainstream adoption rates. The recent blockchain week in San Francisco points to the fact that…
A new survey conducted by Fundstrat Global Advisors has found that 72% of institutional investors believed that cryptocurrency prices would rise in the case of a global recession. This is mainly due to the belief that non-governmental and retail market-related investments would be seen as a safe haven due to their distance from traditional markets.…
When it comes to polarizing issues in the crypto industry, there isn’t a topic as inflammatory as the debate between XRP proponents and Bitcoin maximalists or more broadly, centralization versus decentralization. In fact, this debate has been dubbed a “religious war” by some, as despite crypto’s underlying goal to unite communities, this argument has strained in-industry…
Key Highlights Ripple price traded towards the $0.5020 support during yesterday’s decline against the US dollar. There is a crucial bearish trend line formed with resistance at $0.5550 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently correcting higher, but buyers are likely to struggle near $0.5520 and…