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
Indicator Reveals No Straight Rise for Altcoins; Increased Volatility for XRP
The post Indicator Reveals No Straight Rise for Altcoins; Increased Volatility for XRP appeared first on Coinpedia Fintech News As the week begins, analysts anticipate volatility. The uncertainty in the news cycle, particularly regarding the U.S. president’s recent announcement, adds to the market’s volatility. Host of the channel Blockchain Backer took to his latest analysis and looked at the Bitcoin price chart and the broader altcoin market, providing a snapshot of the current scenario. Analysts and even Blockchain Backer explained…
11 months ago
XRP Rally To $0.6360 Subsides As Price Faces New Decline
In recent trading activities, XRP has taken a significant hit in its latest attempt to rally toward its previous high of $0.6360. Despite initial bullish momentum suggesting a potential breakout, XRP could not sustain its upward trajectory. The failure to reach the anticipated target has led to a notable decline in value, raising concerns among traders and analysts about the short-term outlook for XRP. As XRP struggles with these hurdles, this article seeks to analyze its current price movement and…
11 months ago
Ripple News Today: Whales Snap Up 140M $XRP Amid Speculation of Ripple vs SEC Settlement
The post Ripple News Today: Whales Snap Up 140M $XRP Amid Speculation of Ripple vs SEC Settlement appeared first on Coinpedia Fintech News The 2024 United States elections have significantly accelerated the adoption of crypto assets. Both sides of the political spectrum have already eyed the more than 50 million voters invested in the digital asset industry. The recent approval of spot Ethereum ETFs in the United States has played a crucial role in democratizing the altcoin industry. Moreover, it…
11 months ago
OKX To Delist XRP, SHIB, ADA, & 27 Other Cryptos In BTC and ETH Pairs
The post OKX To Delist XRP, SHIB, ADA, & 27 Other Cryptos In BTC and ETH Pairs appeared first on Coinpedia Fintech News Crypto exchange OKX will delist XRP, SHIB, and other cryptocurrencies in BTC and ETH pairs in the coming days. The digital asset exchange has moved to delist a total of 40 trading pairs and 30 crypto assets in those pairs. It has disclosed the crypto assets to be delisted in four phases citing the need to maintain…
11 months ago
XRP U-Turn: Ex-Critic Reveals 4 Reasons To Buy And A Price Target
Crypto analyst CryptoCondom (@crypto_condom), who had previously been a vocal critic of XRP, has done a U-turn and is now endorsing the crypto asset as a potential investment to his 82,400 followers. This turnaround is rooted in an analysis of Ripple’s lawsuit with the US Securities and Exchange Commission (SEC) and its implications for the XRP price. 4 Reasons To Be Bullish On XRP @crypto_condom, who had never envisioned investing in XRP, disclosed that his change of perspective was prompted…
11 months ago
XRP Price Poised for More Upsides: Will the Rally Continue?
XRP price is showing positive signs above the $0.5880 zone. The price could accelerate higher if there is a clear move above the $0.6240 resistance. XRP price started a fresh increase above the $0.5880 zone. The price is now trading above $0.600 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $0.600 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise if it…
11 months ago
Lark Davis Predicts Altcoin Breakouts: See His Top Picks Including XRP and More
The post Lark Davis Predicts Altcoin Breakouts: See His Top Picks Including XRP and More appeared first on Coinpedia Fintech News Popular analyst Lark Davis took to his latest video and said that Bitcoin holders might not be ready for what’s coming. Looking at the charts, Bitcoin is showing strong signs of reaccumulation. According to him, Bitcoin, which is currently around $68,000, recently had a breakout and is targeting $72,000 as the next critical resistance level. A break above this…
11 months ago
XRP News: Ripple’s Massive XRP Sell-Offs, How They Impact the Token’s Price
The post XRP News: Ripple’s Massive XRP Sell-Offs, How They Impact the Token’s Price appeared first on Coinpedia Fintech News Ripple, XRP’s largest holder, is responsible for monthly unlocks and sell-offs that impact the token’s price. So far, the company has sold 1.826 billion XRP from its Treasury account, labeled as ‘Ripple (1)‘ on XRPScan. At current prices, this amount is worth $1.07 billion, although the nominal value of each sale has varied year-to-date. Ripple’s Massive Offloading of XRP In…
11 months ago
XRP Price Eyes Upside Break: Will The Gains Keep Rolling?
XRP price started a fresh increase from the $0.540 zone. The price is now rising and eyeing an upside break above the $0.600 resistance zone. XRP price started a fresh increase above the $0.580 zone. The price is now trading above $0.580 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with support at $0.5880 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could extend gain bullish momentum if it…
11 months ago