XRP Battle With Resistance: Could A Crucial Update Propel The Altcoin Forward?
XRP finds itself at a critical juncture as it grapples with a formidable resistance level at $0.54. The recent surge in XRP’s price has propelled it into this crucial resistance range, where it has made three unsuccessful attempts to breach in the past seven days. This repeated testing of the $0.54 mark underscores its significance as a formidable barrier for XRP. Despite these challenges, a price analysis suggests that XRP retains the potential to attract strong demand if certain conditions align in its favor. Over the last three weeks, there has been noticeable accumulation of XRP,....
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Ethereum price has moved up on its chart over the last 24 hours. The altcoin witnessed a 4% growth in the same time frame. This has pushed the price of the altcoin closer to the immediate resistance. Once the Ethereum price moves above the closest resistance level, the bulls could definitely take control of the market. Technical indicators of the altcoin have pointed towards bullish signals. However, it is too soon to say if the bulls will remain on the chart over the next trading sessions. Bitcoin price also logged minor gains, which have turned certain altcoins green over the last 24....
Bitcoin correcting after a big announcement of Michael Saylor and facing crucial resistance at $51K. Bitcoin (BTC) is currently facing a crucial resistance to break through after a massive rally of 70% since the recent low in July at $28,000. This resistance is found in the psychological area between $50,000 and $51,000 and can be classified as the final hurdle before a new all-time highs.This correction started when Michael Saylor revealed that MicroStrategy has purchased another $177 million worth of Bitcoin, while the company is already one of the largest holders of Bitcoins recently.....
Aave managed to break past its crucial resistance of $104 over the last 24 hours. As the market demonstrated strength, altcoins across the industry attempted to move north. Bitcoin climbed above the $30,000 price level and this extended gains across the altcoin market. At the time of writing, Aave was still quite close to the $104 price level which now acts as a support. The bulls need to amplify in order for the bearish thesis to be invalidated. Over the last week, Aave gained about 10% on its chart. A current fall in price will push the coin below the $103 support line. Right now the....
Bitcoin is the biggest cryptocurrency by market capitalization and is the most popular. But several other coins have impressed investors. The rest of the coins are known as altcoins – Bitcoin alternatives – and many altcoins projects have provided significant returns higher than just holding Bitcoin. The potential downside can be higher also though – keep a diversified portfolio. We compiled a list of 7 of the best altcoins to watch and invest in. The Top 7 Best Altcoin Projects to Watch and Invest in 2022 From thousands of altcoins on the market, we shortened the list to....
This marks the first installment of the CCN Weekly Altcoin News Update, which will profile altcoin news stories that have flown under-the-radar, but deserve coverage. This week's update examines the impressive rise of the Vericoin price, the introduction of Cryptsy USD markets, and a new Peercoin marketing campaign crowdsourced by the community. Vericoin Price Rises Dramatically. Most altcoins are little more than carbon copies of Bitcoin or another popular cryptocurrency. However, Vericoin offers a host of unique features such as Veribit, which enables users to spend Vericoins at stores....