This week, the crypto economy soared to an astounding $3.29 trillion. Bitcoin (BTC) rose by 10%, while ether (ETH) followed closely with a 9% uptick. Meanwhile, a wide array of alternative digital currencies posted impressive gains, with many achieving growth in the double- and even triple-digit range. From DOGE to XLM, Crypto Market Thrives As […] Source CryptoX Portal
On Thursday, the XRP price soared to $1.41, marking its highest trading value in over three years. This surge coincides with a shifting regulatory landscape in the United States, spurred by the anticipated administration of President-elect Donald Trump. During his campaign, Trump pledged to position America as the “crypto capital of the world,” a promise that is beginning to resonate with market participants even before his inauguration on January 20, 2025. Gensler Sets Last Day At SEC For January 20 In recent weeks, the cryptocurrency market has seen a notable…
CoinDesk 20 Performance Update: XRP Surges 19.6% As Index Climbs Higher Source
Bitcoin is inching closer to the $100,000 mark, though its momentum has slowed. It clinched another record on Thursday at $99,500, dipping below $99,000 heading into the U.S. open. BTC has risen 1% over the past 24 hours, while the broad-market CoinDesk 20 Index gained over 7%. Most alternative cryptocurrencies (altcoins) in the CD20 outperformed BTC, an early sign of capital rotation into smaller, riskier tokens as bitcoin’s pace stalls. The $100,000 price point poses a significant resistance level, where investors might take profits on their investments. Still, there’s a…
XRP price rallied above the $1.15 and $1.20 resistance levels. The price is up over 25% and might rise further above the $1.420 resistance. XRP price started a fresh surge above the $1.20 resistance level. The price is now trading above $1.250 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $1.1400 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is up over 25% and it seems like the bulls are not done yet.…
An incoming crypto-friendly regulatory environment for U.S. based companies has renewed optimism for certain tokens, especially XRP. Source
XRP price is consolidating gains above the $1.00 zone. The price might start a fresh increase if it clears the $1.150 resistance zone. XRP price started a downside correction below the $1.120 level. The price is now trading below $1.120 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at $1.1380 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $1.150 resistance. XRP Price Holds Support XRP price struggled to start…
Este artículo también está disponible en español. Recently, XRP has experienced a significant increase in value, reaching a three-year peak of $1.27. The token is currently trading at $1.09 on a sustained weekly increase of 80%, and many investors are contemplating whether this marks the beginning of a new bull run. Related Reading Nevertheless, a seasoned analyst is uncertain. She cautions that XRP has demonstrated bullish potential; however, it is probable that a correction will occur before the altcoin can make its next significant move. XRP Hits 3-Year High –…
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Este artículo también está disponible en español. The long-awaited rally in the XRP price may be coming to a fast end, as a crypto analyst has predicted a 40% crash for the cryptocurrency. Despite XRP’s recent bullish momentum breakthrough to the $1 mark, the analyst has revealed that XRP is showcasing a Gravestone DOJI candlestick formation, signaling a bearish outlook for the cryptocurrency. XRP Price Expected To Crash 40% A crypto analyst identified as ‘Without Worries’ on TradingView has released a detailed analysis of the XRP price action, projecting a…