Ethereum May Initiate a Parabolic Rally; Ripple (XRP) Buyers Focus on $0.22

ETH/USD Pair Price Analysis Yesterday, we mentioned the possibility of the ETH/USD to incur a huge rally above $180. It was able to follow a bullish path over $180 and the 100 hourly SMA. It incurred an upsurge over $188 barrier zone and attained a fresh weekly high close to $193. In recent times, the pair retraced to the downside beneath $188 and $185. Nevertheless, on the way to the downside, it secured support close to $182. A look at…

Scammers Cashed Out 8.5M XRP Between 2019 and 2020 Through Fake Giveaway

Scammers have looted thousands of XRP users using fake 50 million XRP giveaway. Numerous posts of the fake giveaway are attached to random tweets on Twitter, with the aim of misleading people into taking part in scam activities. XRP data aggregator (xrplorer.com) noted on Twitter that people withdrew 6 million XRP from exchanges and sent them for giveaway scams. Interestingly, this figure was close to 3 million XRP this year. “Do you want to protect your users against scams? You can! In…

Ethereum Buyers Aim Higher; Ripple (XRP) Could Correct In Short-Term

ETH/USD Pair Price Analysis Yesterday, we mentioned the need for the ETH/USD pair to surge over the 100 hourly SMA to incur a new rally. The pair did not move below $170 and was able to surge over the 100 hourly simple moving average. The buyers took over thereby clearing some critical barriers close to $175 and $180. Further, a look at the hourly chart of the pair revealed that it was able to surge over a major bearish trend…

Ethereum Needs to Surge Above 100 SMA; Ripple (XRP) is Ready to Move Below $0.18

ETH/USD Pair Price Analysis The ETH/USD pair declined steadily from $185 in the previous few sessions. It continued beneath the key $175 support as well as the 100 hourly SMA. It was able to test the $165 support zone and it is now consolidating losses. A look at the upside on the pair’s hourly chart shows the first barrier close to $173 which is the recent breakdown area. The initial major resistance is close to $175 since it is near the…

ETH is Likely To Move Towards $200 while XRP Is Ready $0.20 levels

ETH/USD Pair Price Analysis The ETH/USD pair incurred a steep increase over $165 and $175 barriers within the previous few days. The pair continued to the upside over $180 barrier and established itself over the 100 hourly SMA. It attained a fresh monthly high close to $188 prior to the beginning of a downside retracement. It incurred a retracement beneath $180, but the buyers defended the key $175 support zone. It appears that a powerful support base is being formed…

Messari CEO Says $3 Billion in Stablecoins are On the Sidelines

Digital currencies pegged to traditional assets such as fiat are known as stablecoins. Based on their design, they are capable of holding a steady value and provide cryptocurrency traders an easy means of escaping the high volatility of the cryptocurrency markets. On April 17, the CEO of blockchain database startup Messari tweeted about the value of stablecoins on exchanges. Ryan Selkis said the massive sum of cryptocurrency capital are on the sidelines but ready to move into BTC, ETH, XRP and…

XRP Ready to Upsurge Above $0.19 while ETH Could reach $200

XRP/USD Pair Price Analysis The XRP/USD traded to a fresh weekly low at $0.1740 before it began a new rally in line with Bitcoin and Ethereum. The pair witnessed an upsurge above barriers at $0.1800 and $0.1850 to enter into a positive area. The pair established itself over the 100 hourly SMA. It attained a fresh weekly high close to $0.1935 and it is now retracing lower. The pair moved beneath $0.1900 and it is currently close to a key support…

ETH Could Incur a Rally While XRP is Ready for one

ETH/USD Pair Price Analysis The ETH against the USD pair experienced a modest recovery over the barrier at $155 within the previous three sessions. The pair settled well over $155 pivot level as well as the 100 hourly SMA. As it continued to the upside, it was able to test the initial major barrier close to $160. Nevertheless, a look at the pair’s hourly chart shows two active declining trend lines in the week with barrier close to $160 and…

Ethereum Price Moving Towards a Major Resistance; XRP May Retrace To $0.165

ETH/USD Pair Price Analysis The ETH/USD pair was able to settle beneath $160 before it began a new bearish wave. This led to price levels beneath $155 into a short-term bearish area. The pair continued beneath $150 and established itself beneath the 100 hourly SMA, thereby attaining a fresh monthly low at $148. It started retracing after it broke the barrier at $152. Nevertheless, it is currently encountering some barriers close to area between $156 and $157. On the pair’s…

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