Major Metric On XRP Ledger Just Hit New ATH Despite Price Struggles

The XRP price continues to trade sideways on low timeframes as the crypto market faces a spike in selling pressure. While major cryptocurrencies will likely bleed into critical support, one analyst believes there is hope for the XRP Ledger native token. Related Reading: ADA Price Hints At Potential Correction, Buy The Dip? As of this writing, the XRP price trades below the critical psychological level of around $0.5 and stands at $0.47 with a 2% loss in the last 24 hours. Over the previous week, XRP was one of the worst performers, recording a 9% loss. Bitcoin Dominance Declines, XRP Price....

Ethereum’s derivatives market is showing signs of a decisive shift beneath the surface, and price action is about to return above the $3,000 mark. On-chain data suggests trader behavior on major exchanges is shifting into a more accumulative phase. Even as ETH continues to linger below the psychologically important $3,000 price level, this metric indicates that market participants are already preparing for a bullish move and a test of direction in the days ahead. Related Reading: XRP ETFs Grow Past $60M As Price Struggles To Respond Ethereum Leverage Ratio Prints New All-Time High Data....

The Ethereum price has been one of the major talking points in the crypto space lately, having been under significant bearish pressure in recent weeks. However, the second-largest cryptocurrency seems to be on a recovery path following its first positive weekly performance in more than a month. Recent on-chain data shows that significant amounts of ETH tokens have made their way to centralized exchanges in the past day. The question now is — could this hamper the recent progress shown by the Ethereum price? Here’s How Rising Exchange Inflow Affects Ethereum Price Prominent crypto pundit....

The crypto market hasn’t been propitious since the Fed’s interest rate hikes. As the fight against inflation becomes more aggressive, the financial markets bleed. Many coins are trading in the reds instead of recovering as investors expected.  Bitcoin and other altcoins have lost their last week’s gains and are now struggling to remain at expected levels. As of September 5, the trading price for most of these assets started very low, indicating a tough week ahead.  Related Reading: Ethereum (ETH) Struggles Ahead Of the Merge, Can Price Retest $1,900? Apart from price loss,....

Solana (SOL) struggles to break key resistance after it suffers a huge loss on a hot wallet hack, losing over $5M creating so much panic in the heart of many faithful.  The price of SOL looked strong in the early part of the week, trading above $40, trying to break the resistance before having an attack on some wallets drained more than $8 million from Solana users. It now struggles to break above the 50 exponential moving average (EMA) on the one-hour (1H) chart. SOL Daily Chart Analysis The daily chart for SOL shows it is trading at $38.7 below the 50 & 200 exponential moving average....