Ripple Prices Down 8%, XRP/USD Reverses from May’s Low as bulls Target $2
Fundamentally, the medium-term trajectory of the Ripple price hinge on the outcome of the ongoing Ripple Labs–United States SEC court case.
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.
Fundamentally, the medium-term trajectory of the Ripple price hinge on the outcome of the ongoing Ripple Labs–United States SEC court case.
The Bitcoin price crashed below $50k following news of Elon Musk backtracking, saying Tesla won’t be accepting payment in Bitcoin from now on.
The Ethereum price is one of the top-performing digital assets in the top 10, consistently pipping Bitcoin and other coins.
The Ripple price is stable. While the SEC brought in a settlement negotiator, the Ripple—a blockchain company seeking to disrupt remittance—tapped the services of a former
Some analysts have described the Bitcoin price as a “coiled spring.” It is given the asset’s inability to crawl out of the $10k zone of the
The Ethereum price is firmer than Bitcoin if gains of the last few weeks guide. While BTC struggles below $60k, the ETH/USD price is charting new
The Ripple price is trading at over $1.60, adding 48 percent week-to-date, outperforming BTC and ETH.
The Bitcoin price remains in consolidation below $60k, struggling to overcome resistance at $55k.
After a “HODLer Test” of last week, Ethereum bulls are back in the picture, shaking off bears and angling to break to new all-time highs in
The Ripple—SEC court drama continued last week amid a market-wide correction that saw XRP prices plunge, pulling back the coin to parity with the greenback. As
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