These 3 Factors Paint a Grim Outlook for XRP, Even Amid Crypto Boom

2020-4-26 10:05

A popular sentiment that has developed over the past few days is that XRP, the third-largest crypto by market capitalization, is poised to explode higher. Top altcoins, after all, have seen strong performances over the past few weeks, with Ethereum, especially, starting to post notable gains against Bitcoin.

Luke Martin, a prominent crypto trader featured on. . . . origin »

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crypto past xrp especially ethereum weeks all

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Analysts Fear Further Downside Despite Ethereum’s Recovery from Overnight Dip

Ethereum has seen some immense bullishness throughout the past 24-hours, with the crypto breaking free from its range-bound trading in the $700 region and rocketing past $1,000 Where the entire market trends in the mid-term may depend largely on whether or not Bitcoin can maintain its foothold in the lower-$30,000 region If the crypto can hold above here and consolidate, it could provide ETH and other altcoins with further room to rally in the days […]

2021-1-5 01:00


Andreessen Horowitz (A16Z) Investor Says Dismissing Crypto Already is Akin to Abandoning the Web Concept in the Early 1990s

Andreessen Horowitz (A16Z)’s General Partner, Benedict Evans, says crypto currently is analogous to the early days of the internet. People who are dismissing it now should take a lesson in history. Even though the crypto industry has seen a lot of scams and failed projects in the past couple of year, Evans thinks that it […]

2018-10-31 19:29


Why South Korea’s Biggest Game Developer Acquired Crypto Exchange Bitstamp

NXMH, the subsidiary of NXC, the $10 billion parent company of game development firm Nexon, acquired major crypto exchange Bitstamp. Based in Belgium, NXMH is a Brussels-based investment firm which has made several high profile acquisitions of European corporations throughout the past five years including Stokke, a Norwegian firm that manufactures baby strollers that penetrated into […] The post Why South Korea’s Biggest Game Developer Acquired Crypto Exchange Bitstamp appeared first on CryptoSlate.

2018-10-29 14:46


Why There is still Much Hope for Another Superb Bitcoin Price Rally

Bitcoin, irrespective of its performance on the crypto chart, has seen an increase in positive signs in its growth. The most significant coin in the crypto world, has seen some troubling times this year, even hitting a new yearly low volume within the past 48 hours but that still hasn’t frightened investors, as many of […] The post Why There is still Much Hope for Another Superb Bitcoin Price Rally appeared first on ZyCrypto.

2018-10-28 23:16


Ether Price Analysis: Historic Support Tested Amid Signs of Distribution

It’s been weeks since ether has seen a new high or a new low and the market has found itself range-bound. At the moment, we are seeing signs of distribution as large rounds of selling have remained present during key support tests:Figure 1: ETHUSD, 4 Hour Candles, Trading RangeSo far, for the last few weeks, ether has seen a trend of higher lows and low highs (the converging red trendlines).

2018-10-20 01:31


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Banano Community is Reminiscent of the Early Days

The explosion of the crypto space over the past couple of years has been massively beneficial for the industry and life changing for many of its legacy members. However, that’s not to say it was unilaterally good: veteran participants will often cite the loss of charm, wholesomeness, and support as the community grew and drifted […] The post Banano Community is Reminiscent of the Early Days appeared first on NullTX.

2018-10-17 21:17


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Market Expert: Not Long On XRP? You’re ‘Disrespecting’ Yourself

Analysts continue to believe in the potential price surge of XRP, predicting that it is still feasible that the crypto will hit the $3 mark. Related Reading: No Sweat! Dogecoin Will Hit $5 ‘Very Easy’ In 2025 – Analyst A market observer even claimed that XRP is on track for a massive price rally in the ongoing digital asset bull market as many cryptocurrencies are hitting all-time highs due to the positive outlook on the industry.

XRP Price Reaches 3-Year High At $1.6 – 2 Ways It Can Go From Here

The XRP price recently surged to a three-year high of $1. 6, marking a significant milestone in the cryptocurrency’s recent bullish rally. This remarkable price movement has garnered the attention of many analysts as investors continue to project the trajectory of the price.

XRP Price Set To Soar Past $5.85, Predicts Crypto Analyst

Crypto analyst Dark Defender (@DefendDark) has issued a bullish forecast for XRP, projecting a price surge above $5. 85 based on a confluence of technical indicators and chart patterns. Despite recent market stagnation, the analyst highlights several key factors—including the application of Elliott Wave theory—that suggest a significant upward movement is imminent.

XRP Whales Are Depositing To Exchanges: Price To Drop Further?

On-chain data shows the XRP whales have been making deposits to exchanges recently, something that could be bearish for the asset’s price. XRP Whales Have Made Several Large Moves In The Past Day According to data from the cryptocurrency transaction tracker service Whale Alert, several large moves have been spotted on the XRP network during the past day.

XRP Bullish Signal: Shark & Whale Population Sharply Growing

On-chain data shows the total number of sharks and whales on the XRP network has seen a sharp increase recently, a sign that could be bullish for the asset’s price. XRP Sharks & Whales Have Witnessed Their Count Go Up Recently According to data from the on-chain analytics firm Santiment, the shark and whale wallets have registered a notable jump over the past five weeks.

XRP Whales Go On $84 Million Buying Spree: Rally To Continue?

On-chain data shows the XRP whales have participated in a large accumulation in the past week, which could be bullish for the asset’s price. XRP Whales Bought More Than 140 Million Tokens Over The Past Week As explained by analyst Ali Martinez in a new post on X, the XRP whales have increased their supply share recently.