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Crypto Markets Trade Flat Following Christmas Eve Dump
Earlier this week, the crypto markets rose slightly and were able to regain much of their recent losses. This relatively small pump got many investors who viewed it as the “Christmas rally” excited for what was to come, although the bears pushed the markets back down on December 24th. Following this drop, the overall markets…
Ripple Rate Analysis: XRP Evaluating Secret Uptrend Assistance, Bounce Ahead?
Key Highlights Ripple price rallied above the $0.4250 and $0.4400 resistance levels recently against the US dollar. There is a key bullish trend line formed with support at $0.3750 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must stay above the $0.3750 support and the 100 hourly simple moving…
Crypto Markets Rise as Christmas-Rally Emerges
The crypto markets have surged to reclaim much of their recent losses, as the prophesized end-of-year rally materializes. Although the market surge is certainly welcome to investors who have been hit with seemingly constant losses over the past several weeks and months, the markets still have a long way to go before they are anywhere…
Ethereum in Healing Mode, Closes Space on XRP with 18% Rise
This year’s crypto rout has been more painful for some than others. Ethereum has been one of the heavy sufferers, affected by fundamentals beyond just a bearish market. Ethereum’s Ups and Downs Several factors have driven Ethereum prices into the ground this year. Firstly is the ever present threat of US Securities and Exchange Commission…
A $10 Billion Christmas Present for Crypto as Rally Continues
Crypto markets rallying once again; Ethereum, XRP and NEO leading the way. The Santa crypto rally has continued for the day before Christmas. The minor pullback on Saturday was just that, minor, and things have moved upwards again as cryptocurrencies make further gains from their lowest levels of the year. Total market capitalization is back…
Ripple Cost Analysis: XRP Bullish, Break Above 40 Cents Important For Bulls
Latest Ripple News Aside from government regulators, companies are monitoring the space.  Crypto as a Bank of International Settlement representative said is an “evil spawn of a crisis”. By design, coins are meant to supplement and even replace traditional government-issued currencies. Ravaged by hyperinflation and a total lack of trust for fiat, Venezuelans are using…
Bitcoin Holds Above $4,000 As Upwards Momentum Stalls
Bitcoin has been able to hold above $4,000 following its recent upwards swing that sent it up nearly 30% from its recently established 2018 lows. Despite being able to hold above $4,000, Bitcoin’s upwards momentum was not able to sustain into Friday, and its recent rally has stalled. At the time of writing, Bitcoin is…
Ripple Cost Analysis: XRP Cost Rise Topped at 40 Cents
Latest Ripple News If anything, Ripple is right on track and in a decade or less, it may be a force to reckon in the remittance sector. That’s save all the criticism forcing company executives to defend the platform and for the umpteenth time reiterate that Ripple and Ripple Labs are two separate entities. The…
Ripple Cost Analysis: Dips In XRP Remain Well Supported
Key Highlights Ripple price extended gains and traded towards the $0.4000 resistance area against the US dollar. There is a major bullish trend line in place with support at $0.3450 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair corrected lower recently, but it remained well supported near $0.3400-0.3500. Ripple…
Bitcoin Rises Above $3,800 As Market Rally Continues
Following yesterday’s market surge, Bitcoin has continued to climb and is now looking to target $4,000 as its next point of resistance. Bitcoin’s bullish price action has led to a widespread market surge, with the overall crypto market cap climbing to $125 billion. At the time of writing, Bitcoin is trading up 7.3% at its…