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Bitcoin Plunges Amidst Overall Crypto Market Recession
Following the crypto market’s recent stability, Bitcoin has now led the markets down and has erased all the gains it incurred this past weekend. Today’s drop has led many altcoins to drop more than 10%, and the markets are showing few signs of finding any major support around their current price levels. It is important…
Ripple Cost Analysis: XRP Flash Crash, Turns Ethereum– Again
Ripple price is down 5.7 percent but flips ETH from second Santander’s use of xCurrent has been beneficial Bear trading volumes spike Technically, XRP is bullish, but for buy trend continuation, prices must surge above 40 cents as reiterated in our last XRP/USD trade plans. At the moment, sellers appear to be in control and…
Ripple Cost Analysis: XRP Might Dip and Rip Above $0.3900
Ripple price recently gained bullish momentum above the $0.3650 resistance against the US dollar. There was a break above a key triangle with resistance at $0.3665 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair traded towards the $0.3840 level and it is currently correcting lower. Ripple price is back…
Crypto Start-up Ripple Breaches 200 Customer Turning Point Amidst Market Plunge
It goes without saying that the cryptocurrency market downturn of 2018/2019 irked many of this industry’s startups, even those which have established an unquestioned hegemony. An Ethereum Classic development group folded entirely, while Bitmain, ConsenSys, Steemit, Huobi, and ShapeShift most recently were mandated to purge staffers to maintain a sufficient financial runway. Yet, there have been…
Ripple Cost Analysis: XRP at 40 Cents an Impression?
Ripple Price is range bound with caps at 40 cents Ardo Hansson, a member of ECB, berate cryptocurrencies Trading volumes are low Although Dec 24 bull bar did rouse traders, XRP/USD is ranging with caps at 40 cents. Going on, we expect prices to expand above 40 cents towards 60 cents or higher in coming…
Ripple Cost Analysis: XRP Holding Important Assistance, Can It Recuperate?
Ripple price traded lower recently and tested the $0.3580 support against the US dollar. There is a major bullish trend line with support at $0.3530 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could recover above $0.3650 as long as it is above the $0.3530 and $0.3580 supports. Ripple…
Bitcoin Breaks Above $4,000 Amidst Widespread Crypto Rise
The cryptocurrency markets have been able to maintain their upwards momentum and Bitcoin has now broken above its resistance level that was previously set around $3,900. Bitcoin’s upwards move has sent the overall markets surging. Although Bitcoin is showing signs of increasing buying pressure, many altcoins have not yet been able to break above their resistance…
Crypto Market Update: Ethereum Boosts Space Over XRP to $2 Billion
Crypto markets moving slowly; Ethereum extending the lead over XRP, Tron is flying. Crypto markets have gained marginally as we start the weekend but things are generally mixed for individual coins and tokens. Total market capitalization has remained above $130 billion but has not moved a great deal over the past 24 hours. Bitcoin has…
Ripple Cost Analysis: XRP Liquidating Below 40 Cents, Investor Optimistic
Latest Ripple News The crypto market may be reeling from the pounding of last year, but Fred Wilson, a Managing Partner at Union Square Ventures, is optimistic. In his view, he expects the expansion of the global market to buoy cryptos helping actualize dashed promises of 2018. Citing potential market-moving macros as a slowdown in…
Crypto Markets Drop A little After The other day’s Rise, Stock exchange Drops as Apple Plunges
Following yesterday’s crypto market surge that sent Bitcoin up more than 4% and Ethereum up more than 10%, the markets have found some levels of stability and are currently trading down slightly. Although the crypto markets are relatively stable as of now, the stock market is seeing tremendous levels of instability, with today’s drop being primarily…