TL;DR Ripple’s native token fared relatively well during one phase of the ongoing market-wide correction, but has slipped further below the crucial resistance at $3. Although the asset has lost more than 20% of its value since its all-time high registered in mid-July already, there could be more pain on the horizon. Here are four…
Ripple’s cross-border payments token took central stage in July as it finally did what many thought it was impossible and broke its all-time high set over seven years ago (January 2018) at $3.4. XRP peaked at $3.65 after a mindblowing 65% rally that took place in just a matter of ten days or so. However,…
TL;DR BONK retests $0.000025 neckline with cup-and-handle pattern, suggesting possible 100% upside rally. Analysts highlight previous resistance turning support as traders await a bounce or further downside. Grayscale tracking sparks institutional interest as BONK holds near critical support amid heavy trading. BONK Teeters Before Potential Breakout Bonk (BONK) trades below $0.000026 after falling 8% in…
TL;DR Pi Network’s native token can’t catch a break as the asset has marked another double-digit price plunge in the past 24 hours to a fresh all-time low. This has prompted project proponents and analysts to ask who is selling at such adverse times for the underlying asset’s price. PI Token Price. Source: CoinGecko It’s…
The bears are having a field day, pushing the total cryptocurrency market capitalization down by more than $130 billion. This comes on the back of considerable losses from Bitcoin, which dropped by 3% in the past 24 hours. However, the majority of altcoins are having it way worse. Ethereum is down by 6%, BNB by…
TL;DR Dogecoin dropped to $0.20, moving in a $0.23 to $0.20 range during heavy selling. Analysts see support in the long-term channel and a wedge pattern aiming for $0.265. Large holders bought 310 million coins, while Bit Origin added 40 million to reserves. Dogecoin Records Sharp Daily Decline Dogecoin (DOGE) fell 8% in the past…
TL;DR Shiba Inu marks its fifth anniversary, with LUCIE pointing out some of the project’s notable developments throughout the years. Key ecosystem achievements include the launch of the decentralized exchange ShibaSwap and the layer-2 blockchain solution Shibarium. Half a Decade and Counting The popular crypto project Shiba Inu celebrates its fifth birthday today (August 1)….
TL;DR PI collapsed to a new historic low, while the upcoming token unlocks and growing exchange reserves signal further pain for the bulls. Despite the downtrend, PI’s RSI has entered oversold territory near 30, suggesting a possible short-term rebound might be in play. The Free Fall Continues Just a few hours ago, the price of…
XRP is up 400% over the past year, being one of the most impressive large-cap cryptocurrencies by this particular metric. The growth has been spurred by an influx of factors, including strategic moves by Ripple, the relatively positive roundup of the lawsuit with the US Securities and Exchange Commission, and more. Now, Coinbase released its…
Nate Geraci, President of The ETF Store, believes that the world’s largest asset manager – BlackRock – will file for an XRP ETF. If true and if history is any indicator, this could have a long-term positive impact on XRP as an asset, following in the footsteps of ETH and even BTC. BlackRock XRP ETF…