XRP Price its Wall at $1.45, Downside Risks Begin Building
XRP price failed to stay above $1.40 and started a downside correction. The price is now holding the $1.3680 support and might aim for another increase. XRP price started a downside correction and declined below $1.4250. The price is now trading above $1.3680 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $1.3890 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above $1.3680. XRP Price Dips Again XRP price failed to stay above $1.4350 and started a downside....
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More bearish cues for SOL comes from a bull flag setup that's now breaking to the downside. A rebound move witnessed in the Solana (SOL) market this weekend exhausted midway as its price dropped below the $90 level from a high of $96 on Feb. 21. In doing so, SOL price technicals are now risking a classic bearish reversal setup.Solana price risks dropping to $60Dubbed head-and-shoulders (H&S), the technical pattern emerges when the price forms three peaks in a row atop a common support level (called a neckline). As it typically turns out, the pattern's middle peak, called a "head," comes....
Last Week we concluded with the following: We are turning short term Bullish here and are looking for prices to rise back to the vicinity of the breakdown level of US$250. When we get there, the most likely outcome would be more downside and if this downside has a quick reversal above US$200 we might be able to finally call the low. “Bitcoin does not need a Wall Street operated exchange, it just needs people to realize what Governments are doing to them economically, EU citizens are on deck.”
Instagram is making preparations to accept non-fungible tokens (NFTs). Meta CEO Mark Zuckerberg announced in a Facebook video that the network will begin testing the introduction of “digital collectibles” this week. Instagram To Begin NFT Testing For a long time, the writing has been on the wall for NFTs on Instagram. In March, Zuckerberg announced […]
President Donald Trump earlier this week signed an executive order to start building a wall on the U.S – Mexico border, fulfilling the promise he made during his presidential campaign. He has also threatened to halt or tax remittances from the U.S. to Mexico to help pay for the wall; a move which could potentially boost interest in Bitcoin. Trump’s Wall....
Key Highlights. Litecoin price after trading close to $9.00 found sellers that ignited a downside movement. The price managed to clear a major resistance area, which is likely to push the price higher. Litecoin price looks like completed a short-term correction, which could ignite an uptrend one more time. Litecoin price failed horribly around $9, which caused a heavy downside reaction. The price trimmed more than 40% gains to trade as low as $3.24. Buyers somehow managed to hold the downside around the stated area. Break higher? There is a bearish trend line formed on the 4-hours chart,....