Just a Ripple? XRP Price Hits One-Month High But Eyes Correction

Twitter Facebook LinkedIn Ripple (XRP) on Tuesday established a bullish setup after rising more than 10 percent against the US dollar. The pair broke above the October peak to set a new one-month high at 0.569-fiat. It was previously stuck in a narrow trading range for multiple weeks amidst lower volatility. While the lack of bias-defining price action is itself not significant, the absence of solid bullish momentum, coupled with failed rally attempts of the recent weeks, confirms XRP’s overall downtrend. The latest rally marks the asset’s latest attempt to break…

XRP Nears 50 Cents as Price Rises to One-Month Highs

The price of XRP, the world’s third-largest cryptocurrency by market capitalization, jumped 6 percent on Monday, to reach its highest total in 30 days, according to CoinDesk data. At 15:01 UTC, the cryptocurrency rose to $0.49 cents for the first time since Oct. 8, and was last seen trading at $0.4950, marking roughly a 6.14 percent increase since the day’s open. At press time, XRP is the biggest winner among the top 10 cryptocurrencies by market capitalization, reporting a seven-day gain of 11.13 percent, according to data from CoinMarketCap. XRP’s market…

Litecoin approaches $70 to hit one-month high

Litecoin’s price hit a one-month high amid a broader bullish tone in the crypto markets. The 7th largest digital currency by market capitalization hit $68.59, its highest price since August 7th according to coinmarketcap. Additionally, the coin’s market cap stands at $3.9 billion, also its highest in the last month. For the first time in weeks, Litecoin (LTC) price finally managed to hit a one-month high of $68.59. Currently, the coin’s price stands at $67.82 after gaining 2% in the last 24 hours. Although many may assume this development, it…

Litecoin Price Nears $70 to Hit One-Month High

Litecoin’s (LTC) price hit a one-month high on Monday amid a broader bullish tone in the cryptocurrency market. The world’s seventh largest cryptocurrency by market capitalization reached $68.59 at 12:10:00 UTC – its highest price since August 7th, according to CoinDesk’s Litecoin Price Index  – and was last seen trading at $68.18, up roughly 4.2 percent on the day.  The recent bullish mood in cryptocurrency markets could be attributed to bitcoin’s 20 percent rally from the August low of $6,000. More importantly, the world’s leading cryptocurrency by market capitalization is…

Bitcoin Price Faces Minor Drop After One-Month Highs

With signs of bull exhaustion showing on the technical charts, bitcoin (BTC) faces a return to the psychological support of $7,000. At press time, the cryptocurrency is changing hands at $7,235 on Bitfinex – representing a 0.4 percent drop on a 24-hour basis. Prices found acceptance above $7,000 over the weekend, having cleared the resistance offered by the 50-day and 100-day moving averages (MAs) last week and rose to $7,429 yesterday – the highest level since Aug. 4. While the bull grip around BTC strengthened in the last seven days,…