XRP Price Consolidates Surge, Ready for Another Leg Up?
XRP price started a major increase above $0.550 and $0.600. The price is now consolidating gains and facing hurdles near the $0.6480 zone. XRP price started a strong increase above the $0.550 and $0.580 levels. The price is now trading above $0.600 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with resistance at $0.640 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise if it clears the $0.640 resistance zone. XRP Price Eyes Additional Gains XRP price formed a base above $0.50 and started a major....
Related News
Bitcoin price gained further momentum and traded to a new all-time high near $42,000 against the US Dollar. BTC is currently consolidating gains and it could surge towards $45K and $50K. Bitcoin is trading in a strong uptrend above the $36,000 and $40,000 support levels. The price is consolidating above $40,000, and it is well […]
Bitcoin price started a downside correction from the $54,900 zone against the US Dollar. BTC is now consolidating and it could start a fresh increase if it clears $54,900 Bitcoin is showing positive signs above the $62,500 and $62,000 levels. The price is now trading well above the $62,000 level and the 100 hourly simple […]
XRP has surged 10% higher in the past 24 hours as Bitcoin has begun to consolidate in the mid-$19,000s. The crypto market saw a strong surge higher seemingly as a result of new institutional inflows, which were previously absent as a result of the Thanksgiving holiday weekend. BTC is up around 6% in the past […]
Alternative cryptocurrencies are surging as bitcoin consolidates after its recent record-breaking rally.
Bitcoin volatility earlier in this week reached some of the most explosive price action in the asset’s history. In just a four hour window, the cryptocurrency rose and fell more than $1,000 each way, gyrating back and forth as buyers and sellers attempt equilibrium. But after that powerful surge, indecision is showing through a reduction […]