Bitcoin trades in a predictable range, but will the sideways price action tempt altcoin traders to open new positions? A trending move in an asset class attracts traders, while a dull price action drives investors to the sidelines. Bitcoin (BTC) has largely been stuck in a range for the past several months, which could be…
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The XRP price has had a rollercoaster growth trajectory which was mostly hindered by the US Securities and Exchange Commission (SEC) filing a lawsuit against Ripple. But a lot of the altcoin’s performances over the months have been rather predictable, and with its history, we can get an idea of what to expect for the…
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XRP has been one of the week’s most notable movers, with price moving lower for six straight days. The latest decline comes as the global cryptocurrency market cap fell by over 1% in today’s session. Solana also slipped, nearing a floor of $21.00 in the process. XRP XRP, formerly ripple, was once again in the…
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A meticulous analysis of the XRP/USD trading pair by renowned crypto analyst, Jaydee, has shed light on some compelling technical patterns and indicators. With the crypto community eagerly anticipating XRP’s next major move, Jaydee offers insights that hint at two critical price thresholds before a potential rally toward $5. What’s Next For The XRP Price?…
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Bitcoin and select major altcoins are under pressure as the September Producer Price Index report shows wholesale inflation surged to 0.5%, exceeding the markets’ expectation. Buyers are finding it difficult to maintain Bitcoin (BTC) price above $27,000. The selling increased after the September producer price index rose 0.5% for the month versus expectations for a…
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Amidst the debate on the XRP price future trajectory, the CEO of Evai Crypto Ratings, Matthew Dixon, has provided insights into the token’s direction using the Elliot Wave Theory. However, his analysis doesn’t provide any relief to XRP holders as he projects a further decline for the token and its ecosystem. How XRP Price Is…
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XRP price started a fresh decline from the $0.550 resistance against the US Dollar. It could accelerate lower and revisit the $0.45 support. Ripple’s token price is declining from the 0.550 resistance against the US dollar. The price is now trading above $0.500 and the 100 simple moving average (4 hours). There is a major…
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The XRP price has retraced a good portion of its gains following its surge above $0.54 last week. Naturally, this could signal that the end is in sight for an XRP rally but this is not necessarily the case when you look at the altcoin’s metrics and performance even amid its price decline. XRP Daily…
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Shiba inu was a notable mover on Monday, as the meme coin fell by as much as 5% to start the week. Today’s decline comes as traders moved away from high-risk assets, in favor of safe-havens like gold. XRP also dropped in today’s session, hitting a three-week low in the process. Shiba Inu (SHIB) Shiba…
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The rapidly evolving crypto market is set to witness yet another milestone as Deribit, the world’s preeminent crypto options exchange, prepares to launch options contracts for XRP, Solana (SOL), and Polygon (MATIC). Given the dominating position of Deribit in the options sphere, this inclusion could have noteworthy ramifications on the pricing dynamics of XRP. Deribit…
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