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TL;DRPrice Action and Market PerformanceDogecoin (DOGE) traded close to $0.20 at press time, down by over 3% in the past 24 hours. Over the last week, the token has slipped by 10% with a daily trading volume of $1.4 billion. DOGE retraced after reaching a swing high of $0.28.CoinGlass data shows a v…
The former gaming firm announced on Tuesday that it now holds 521,939 ETH worth close to $1.9 billion at current market value.Joe Lubin’s Ether treasury firm acquired 83,561 ETH for $264.5 million at an average price of $3,634 between July 28 and August 3.SharpLinkstated that its ETH-per-share is no…
TL;DRXRP Holds Near $3 After Retreat From July PeakRipple’s XRP traded close to $3 at press time, gaining 5% in 24 hours. The token has dropped 9% over the past week and remains 18% below its all-time high of $3.65, reached on July 18. During the rally, trading volumes crossed $110 million at peak h…
It has been a few tough days for the cryptocurrency market, including its leader. Since Thursday, the largest digital asset by market cap has been in a correction mode after a few weeks of consolidation.Notably, bitcoin fell below the southern boundary of its trading range and dropped from $119,000 …
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 Commi…
Bitcoin is showing clear signs of weakness, with increasing selling pressure driving the price lower. The asset has now approached a decisive multi-month support zone, with a confirmed breakdown triggering a sharp decline toward the $111K threshold.Technical AnalysisBy ShayanMarketsThe Daily ChartAf…
This Friday, we examine Ethereum, Ripple, Cardano, Solana, and Hyperliquid in greater detail.Ethereum (ETH)Despite a serious attempt to reach $4,000, Ethereum failed to hit this key psychological target. Sellers returned at around $3,900 and pushed the price lower, which made this cryptocurrency clo…
Another important, volatile, and eventful week passed by. It had traders and investors looking out for the latest Federal Reserve meeting, which took place a few days ago.But before it, bitcoin’s price had recovered from last week’s plunge below $115,000 on Friday and had returned to its familiar tr…
Ripple’s native token has extended its bullish momentum in alignment with Bitcoin’s continued strength, sustaining a well-defined uptrend against both USDT and BTC.However, recent price behavior suggests that the market might be temporarily pausing for a correction or consolidation, as signs of exha…
TL;DRChart Structure and Support ZoneRipple (XRP) continues to trade above a key support range between $3.05 and $3.10. This area has served as a foundation for several rebounds throughout July. Each time the price approached this zone, buyers stepped in to defend it. That behavior has kept the stru…
The much-anticipated White House report on digital asset markets has finally been released. However, it does not mention a US strategic Bitcoin reserve, an initiative previously proposed by President Donald Trump.Earlier this year, Trumpsignedan executive order calling for the creation of both a Bit…
TL;DRAdditional Services With XRP and SOLCoinbase revealed that it will introduce nano SOL and nano XRP perpetual-style futures for US users on August 18. It said that the addition of those products marks another milestone in the company’s mission “to redefine market access” for American investors.T…