Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
XRP Price
Ripple Gains Momentum Amidst SEC Positives
Ripple’s price has taken huge strides in the past week. Meanwhile, it bested Solana and Cardano in a fit to reclaim its spot among the top-five biggest cryptocurrencies. A notable increase in daily active addresses and positives from its ongoing case with SEC could be contributing to its pump. On Tuesday, February the 8th, 2022, XRP’s price did a significant jump of 20% within 24 hours. This move took the crypto's trading price to $0.91 at 6:29 UTC – a…
3 years ago
XRP’s Social Volume Surges; Is a New Breakdown Imminent?
The performance of XRP over the previous couple of years has been woeful. However, it seems it is ready to keep underperforming, as analysts are saying that it is on the verge of incurring a fresh breakdown because it is hovering over a crucial support level. However, XRP is technically weak as it is revealing signs of recording heightened social activity from investors across social media platforms. The surge in social activity tends to have correlations with uptrends and this…
5 years ago