XRP price soars 50% in one week to new yearly high — Watch these levels next
XRP price has been the best performer thus far this weekend gaining over 50% in the past week. Bitcoin (BTC) has been taking the spotlight in recent months, but altcoins have started to finally follow the number one cryptocurrency. Several large caps have been making double digits runs in the previous days, resulting in a mini altseason.Not only has Ether (ETH) soared above $500, but Litecoin (LTC) also gained 40% in the previous week. However, XRP (XRP) is currently taking the spotlight with a daily rally of more than 20% and a new yearly high after gaining more than 50% in the past week.....
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Ethereum started a downside correction from the $746 yearly high against the US Dollar. ETH price is likely to find strong bids near the $684 and $675 support levels. Ethereum traded to a new yearly high at $746 before starting a downside correction. The price is now trading close to $700, but it is above […]
Here's a look at what we are focusing on in the bitcoin price this morning. So at the end of last week, our primary focus was the volatility that we had seen in the bitcoin price across the previous few days. Basically, last week started out relatively flat, but then over the middle of the week, price took a dive, and closed out trading somewhere in the region of the high 900’s. We weren’t sure whether price which remain there, and that the level would hold out as support, but we set up some levels heading into the weekend anyway, and crossed our fingers. As it turns out, price did dip a....
Here's a look at what we are focusing on in the bitcoin price this evening. So here goes, our final bitcoin price analysis of the week. It has been a pretty busy week, as we noted earlier today, and one that will likely end up influencing our trading for weeks to come. Why? Because action has been so volatile that it has carved out numerous key levels, and we can use these key levels to carry forward into our trading throughout the remainder of January. Exactly which of them will become effective remains to be seen, but no doubt some of them will, and when they do, we will be ready to take....
Bitcoin price is undoubtedly in a bull market hitting $16,000 for the first time in years, but a correction may be in order as euphoria is setting in. Bitcoin (BTC) is still showing strength with multiple attempts to break through $16,000 on Nov. 12. A new yearly high was established throughout the day with BTC price peaking at $16,150. This yearly high is more than 300% higher than the yearly low in March at $3,800. This is impressive momentum, particularly as the life is being drained from altcoins.Even Stan Druckenmiller acknowledged this week that he bought Bitcoin, expecting BTC to....
Here's a look at what we are focusing on in the bitcoin price this evening OK then. Here goes. Our final look at the bitcoin price for the day, and the penultimate day of the week. It’s not been an overly exciting week by any stretch of the imagination, but we’ve had plenty of opportunities to get in and out of the markets and drawn a few –albeit small – profits from the action we’ve seen, so we can’t really complain. With any luck we’ll get a big close out, and finish the week on a high. We’re not going to witter on about today’s action like we normally do here, as there’s not that much....