XRP Sweeps Bear Market Lows Against Bitcoin, Is It RIP For Ripple?
While Bitcoin is blasting off to new 2020 highs, XRP continues to fall to new lows on the BTC trading pair. Will the top cryptocurrency keep cannibalizing Ripple’s crypto market capital, or will things soon reverse for the long beaten down altcoin? XRP Sets New Lower Low Against Bitcoin, Revisits Turning Point From 2017 XRP […]
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Bitcoin bears could get their wish, but may have to endure the pain of a new all-time high first. Bitcoin (BTC) may not crash below $30,000 and instead jump to $100,000 before sweeping its lows.That was the opinion of popular trader Credible Crypto, who, on May 2, shared an updated view of how BTC price action might unfold.Trader prepares for lows to be “left untapped”As more and more voices call for a major drawdown in BTC/USD, bullish perspectives remain confined to the long term due mainly to macro factors.For Credible Crypto, however, the pair could equally surprise the market but....
Even though the hype around non-fungible tokens (NFTs) has died down considerably over the past few bear market months, Ripple NFTs developer community continues to invest in this promising market segment of the crypto space. In late September, Ripple announced a $250 million fund to support tokenization innovation that will enable the creation of functional […]
New all-time highs are closer than many might think, says Credible Crypto, but so is a brutal bear market unlike any other. Bitcoin (BTC) will top $100,000 next year but a record-breaking bear market will follow, a popular trader believes.In a Twitter discussion on Oct. 22, Credible Crypto endorsed a theory that Bitcoin’s next halving will also see macro lows of just $10,000.BTC bulls need only wait a year for $100,000With consensus calling for Q4 2022 to match the end of the 2018 Bitcoin bear market, few are in the mood to call a trend change.While a bold prediction from LookIntoBitcoin....
Bitcoin is once again leading the market in the most recent descent into the red. This has seen the pioneer digital asset fall to 18-month lows and it has taken the rest of the market down with it. In such climes, it is usually advised that investors remain calm but that is easier said than done. Bitcoin which looked poised to visit the mid-2020 levels has not formed any kind of support and as such the market continues to wonder if the worse is yet to come. More Bitcoin Dumps Incoming? With the current bitcoin prices, it is now well below its 50 and 100-day moving averages. This has....
Bitcoin has undergone a strong rally since the $9,800 lows seen in September. As of this article’s writing, the leading cryptocurrency trades for $11,400. Some fear that this is just a bear market bounce that will result in a reversion to the lows. A crucial technical indicator suggests that this is not the case, that this is a true breakout. In fact, it shows that if Bitcoin moves above $11,500 in the near future, it […]