Ripple Struggles below $1.08 Resistance as Sellers Push Price to $1 Low
The price of Ripple (XRP) has been trading at $1.07 for the past two days. The upward movement was slowed down by resistance at the recent high. The uptrend is doubtful as the XRP price has a series of lower highs and lower lows.
Litecoin Consolidates Between $172 and $186 as It Reaches Equilibrium
Litecoin (LTC) price is trading at $179 at the time of writing. The price movement is stagnating due to the emergence of candlesticks with small bodies called doji and spinning tops. These candlesticks are responsible for the current sideways movement.
Bitcoin Risks Further Downside as Bears Break Below $44,000
The price of Bitcoin (BTC) has fallen to a low of $44,550 during a sideways trend. It is likely that the cryptocurrency asset will retest resistance at $47,000. Here is how the price has performed in recent days. Bitcoin contains between $44,350 and $47,000.
Is the US SEC in a War Against Cryptocurrency Business?
The United States Securities and Exchange Commission (US SEC) has already become notorious for its litigation against cryptocurrency companies. Ripple, Binance... Coinbase could be next. Is the regulator fighting the cryptocurrency business?
Ripple Resumes Downward Correction after a False Breakout at $1.12
Today, Ripple (XRP) saw a sudden price spike to a high of $1.25. Today's price action resembles a vertical rally that is not supported by any fundamentals. XRP price broke through the 21-day line SMA and attempted to reach the overriding resistance at $1.40.
The Historic Date has Come; Bitcoin Officially Becomes El Salvador's National Currency
The world looks to El Salvador, as El Salvador officially recognises Bitcoin as its national currency today, September 7, 2021. Many crypto advocates are excited about Bitcoin becoming a national currency and are looking to El Salvador for more cryptocurrency developments.
Litecoin Drops Sharply, Approaches the Low of $204
The price of Litecoin (LTC) has fallen sharply after failing to hold above the $232 peak. Today, the altcoin has fallen to its previous low of $208 and is trying to find support above it.
Ripple Faces Rejection at $1.41 High, May Slide to $1.30 Support
The price of Ripple (XRP) is falling back after hitting a new high of $1.41. At the time of writing, the cryptocurrency has fallen back to the low of $1.35. Should buyers succeed in pushing the altcoin above the recent high, XRP would have risen to $1.52.
Chainlink Breaks Resistance at $30, Pulls Back to Retest It
The price of Chainlink (LINK) has resumed its uptrend after breaking above resistance at $30. In the lower time frame, LINK price broke through the resistance level and pulled back to retest $30 support.
Uniswap Unable to Sustain Above $30, Resumes Range-Bound Move
The price of Uniswap (UNI) has been in a fluctuation range shortly after reaching a high of $30. Today, the cryptocurrency's price fell into the range bound zone and resumed fluctuation. Prior to its drop to a low of $28, buyers pushed the altcoin above the high of $30.
Cryptocurrency Price Analysis: Uptrend Week
In the last 7 days, the total market capitalization of cryptocurrencies has increased from $2.012 trillion to $2.232 trillion, an increase of about 11%.
Binance Coin Faces Strong Rejection at $520, May Continue Range Move
Binance Coin (BNB) price is in a gentle uptrend as buyers continue to press on. Today, buyers are pushing the altcoin to a high of $520, but are encountering resistance. By the way, the resistance at $520 is in place after the cryptocurrency price peaked.
Cryptocurrency Market Analysis: Top 5 Gainers of August 2021
The total market capitalization of cryptocurrencies has increased by about 30% in the last 30 days. It rose from $1,643T to $2,126T now. During the previous monthly trading period, the total crypto market capitalization recorded a high of $2.164T and a trading volume of $111.289B.