The XRP Price Roadmap To $8: How An Over 50% Bounce Could Materialize
XRP is still looking to confirm a strong bounce in price action after a crash that saw it register a huge bearish wick over the weekend, and many analysts are anticipating its next major move. According to technical analysis by crypto analyst HovWaves, XRP’s recent crash and bounce could be the early stage of a broader rally that positions its price for a run to as high as $8. XRP Finds Support And Rebounds Over 50% Technical analysis of XRP’s price action on the weekly timeframe, which was posted on the social media platform X by HovWaves, noted that the cryptocurrency got the....
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There is a misconception in the bitcoin community that the roadmap for how bitcoin should scale is based almost entirely on the technical judgment of the Bitcoin Core developers. While the Bitcoin Core roadmap does draw heavily on the substantial technical expertise of the Core developers, there are many non-technical factors that influence the Core roadmap. Many people agree with Core on all of the technical issues, yet still disagree with their roadmap. That's because the roadmap is based on assumptions about economics, group psychology, ethics and many other things which we have no....
Ripple has unveiled the next phase of its roadmap for the XRP Ledger (XRPL) in relation to institutional DeFi. The roadmap focuses on tokenization, privacy, and native lending, and plans to introduce more stablecoins on the network, which is a positive for XRP’s utility. Ripple Reveals Latest Roadmap For Institutional DeFi On The Ledger In […]
Here's a look at what we are focusing on in the bitcoin price this evening. In this morning’s analysis, our primary focus was taking advantage of the volatility we expected to come after the action we saw last night. The bitcoin price has been relatively flat for the last few days, but overnight we saw this flat action breakout, and we finally got some momentum underway. During this morning’s European session, and as expected, this momentum continued to materialize. Price broke to the downside recently, and we managed to get in and out on a downside trade as per the levels we outlined this....
The Internet Development Institute (IRI) of Russia has prepared a roadmap titled “Economics and Finance” which includes a proposal for regulating blockchain. A new roadmap that pitches the proposal to ‘legalize’ blockchain technology by January 2017 was submitted to President Putin this week, December 22, 2015. The roadmap is a supplement under the wider proposal called “Internet Program 2025”, an initiative that puts together proposals for the development of internet and communication as a whole in Russia. The proposal has one if its strongest advocates in Andrei Romanenko, the co-founder....
Bitcoin price continues to move in an uptrend and is currently making a correction to draw more buyers to the mix. Bitcoin Price Key Highlights. Bitcoin price has been consistently trending higher, moving inside an ascending channel formation visible on the 4-hour and 1-hour charts. Price has just bounced off the channel resistance around $800 and is heading back towards support. A bounce from the channel bottom could be in the cards as more bulls are waiting at that area. Technical Indicators Signals. The 100 SMA is above the longer-term 200 SMA so the path of least resistance is still to....