Curious Patterns Emerge Amid XRP Price Explosion
The XRP price saw a rapid increase alongside the rest of the crypto market over the weekend, bringing its price finally above the $0.53 mark. Amid this increase in price has emerged a pattern that suggests what might be going on with the altcoin. Real Volume Amid XRP Price Rally In the real volume chart […]
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Technical Analysis is a method for analyzing price through the study of historical data primarily focusing on price and volume specific to the market. Contrary to fundamental analysis, technical analysis is purely quantitative and does not account for a company’s intrinsic value. It utilizes previous prices and trading action to identify patterns within....
Former U.S. President Donald Trump says that crypto is “a very dangerous thing.” Commenting on cryptocurrencies, he warned of “an explosion someday” that will “make the big tech explosion look like baby stuff.” He also talked about his new social media platform, Truth Social, and his wife’s non-fungible token (NFT) venture.
Former US President Trump Warns of a Massive ‘Explosion,’ Stating that Crypto Is ‘Very Dangerous’
Donald Trump commented on cryptocurrency, his wife’s non-fungible token (NFT)....
Bitcoin continued to decline from the $240s earlier this week, hitting a floor at around $220. The price is currently retesting new levels between $220 and $230, but that seems to be a losing battle with the price still trending downwards. Volume has also been quite low this week, reaching slightly over $15 million for today’s 24 hour trading volume. This is a continuation of last week’s trading patterns. Devaluation was only slight this week, with only a 5.7% decrease in price over the last seven days. If current patterns continue with sideways movement followed by decreasing price, we....
After a highly anticipated partial victory for Ripple Labs and XRP investors, the fifth-largest cryptocurrency has succumbed to the overall market downward trend, dampening the excitement following its July 13 triumph against the US Securities and Exchange Commission. Over the past 30 days, XRP has retraced by more than 26%. Despite experiencing significant price fluctuations since its 16% drop on August 16, the token has recovered 4% of those losses within the past seven days. As the market approaches the monthly close and witnesses liquidity re-entering, there is a growing possibility....
The next generation of web platforms is beginning to emerge, as the explosion in demand for DeFi projects demonstrates. Unfortunately, as the high gas fees and scaling issues plaguing Ethereum have shown, there are currently limitations to innovation and adoption. The technology behind Metis, however, enables a true breakthrough in blockchain business operations, allowing companies to easily launch decentralized companies with a full suite of management and community governance tools. Through the Layer 2 framework, Metis […]