XRP Tanks Following Hyped Airdrop That Catalyzed Parabolic Rally

XRP Tanks Following Hyped Airdrop That Catalyzed Parabolic Rally

XRP has given up a serious percentage of its recent gains, with the cryptocurrency’s parabolic rally fading and showing few signs of strength as sellers rise with full force. The cryptocurrency’s parabolic rally came about shortly after it plunged to lows of $0.23 before rallying to the top of its multi-year trading range around $0.30. […]


Related News

Trader Claims XRP is Poised to Rip to $1.00 as Airdrop Hype Mounts

XRP has been caught within a tight consolidation pattern throughout the past few days, with its recent parabolic rally slowing down as bulls struggle to break above the resistance in the upper-$0.60 region. The recent rally seen by the cryptocurrency came about after it broke above a long-held trading range between $0.20 and $0.30 that […]

Bitcoin Forms Parabolic Trendline, But Veteran Trader Eyes Potential Correction

Bitcoin and the entire cryptocurrency market have been caught within a parabolic advance as of late, with BTC leading the charge as altcoins follow its lead Where the cryptocurrency trends next will undoubtedly depend on whether or not bulls can maintain control of its price action as it approaches $30,000 This rally is nothing short of parabolic, with Bitcoin tapping a half a trillion-dollar market cap yesterday evening One veteran trader is now pointing to […]

3 reasons Bitcoin price hit $17K, marking a new parabolic uptrend

Bitcoin price surpassed $17,000 for the first time since December 2017. The price of Bitcoin (BTC) surpassed $17,000 for the first time since December 2017, continuing its current uptrend. The rally comes after BTC broke out of the previous parabola, which initially caused concerns.Three factors likely contributed to the ongoing rally: new parabolic trend, resilience above $16K, and Bitcoin absordbing whale selling pressure.New parabolic trendOn Nov. 16, Cointelegraph reported that analysts found the Bitcoin price dipped below a parabola dating back to September.Though the trend seemed....

Analyst Claims XRP Likely to Target $0.70 as Uptrend Turns Parabolic

XRP has surprisingly been one of the best performing major altcoins throughout the past few days, seeing parabolic gains as bulls take full control of its price action. Its rally shows few signs of slowing down either, with bulls setting their sights on the cryptocurrency seeing even further upside as it plows past multiple key […]

Social Media Users Deride China’s Reported Use of Military Tanks to Intimidat...

Social media users have slammed China’s reported use of military tanks to intimidate bank customers protesting against the freezing of their savings. Some users claimed the deployment of military tanks exposes the country’s underlying economic problems. Crypto proponents see the issue as a vindication of their long-standing argument. Savings Now Investment Products Some social media users have derided Chinese authorities’ reported decision to deploy tanks around the central bank’s offices in Henan where bank customers have been protesting against the....