Ripple Bulls Crashed 34%, XRPUSDT Could Sink to $0.60
Ripple wasn’t spared from last week’s crash. Sinking over 20 percent on December 4, it appears like the XRP swing high is over. For optimists, though,
Crypto Economy section, we will publish every week the technical price analysis of Bitcoin [BTC], Ethereum [ETH], Ripple [XRP] and other cryptocurrencies.
These analyzes are prepared by our specialists based on the evolution of the markets.
A technical price analysis provides excellent and useful information that can help us know when is the best time to make movements in our investments or when it is not a good time to operate.
But we must not only take this information into account, the monitoring of the prices of a cryptocurrency must be accompanied by an investigation into the latest news related to it.
So we can get an idea about whether the price increase or decrease has occurred due to an event related to the project or if it could be a market manipulation, etc.
Ripple wasn’t spared from last week’s crash. Sinking over 20 percent on December 4, it appears like the XRP swing high is over. For optimists, though,
Bitcoin is both hot and cold, reading from the price performance in the daily chart. That Bitcoin prices are retracing from this week’s highs swing price
Ethereum is on rocket-fuel reading from the performance in the daily chart. Trackers indicate that ETH is outperforming Bitcoin by the most since launch, following the
The Ripple price is relatively weak, bouncing back in the early Asian session.
Bitcoin is wavy, but encouragingly there are signs of strength at the time of writing.
Ethereum is the king of smart contracting, serving as the home for DeFi and NFTs. Currently, the primary chain dominates, but there are limitations on scaling.
Ripple is yo-yoing when writing. XRP prices, reflective of the market, are consolidating though there are elements of strength.
Bitcoin is a big promise for many. Right now, institutions, retailers, and governments are closely tracking the world’s most valuable digital asset.
Ethereum and pretty much all other crypto assets are having a hard time coping with high turbulence as prices pull back from record highs. Currently, ETH
Bitcoin is cooling off, and some traders are already ducking for cover. There could be selling pressure explaining losses of the past three days.
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