By Shayan Markets XRP has delivered a sharp bullish breakout after spending months inside a persistent downtrend. The impulsive move has dramatically improved the short-term structure, although the price is already testing a significant resistance area after becoming highly extended. XRP Price Analysis: The Daily Chart On the daily timeframe, the token has decisively escaped […]
Tag: XRP
By Jordan Lyanchev The cryptocurrency market is on the move again, but this time the altcoins have taken the spotlight. Ripple’s XRP has reemerged from the $1.00 support and skyrocketed past $1.65 for the first time in many, many months, surpassing BNB on the way. Meanwhile, bitcoin has rebounded from the dip to $76,200 and […]
By Wayne Jones Altcoins could deliver returns ranging from 10x to 1000x after the latest market pullback, according to analyst Matthew Hyland. He compared the June sell-off with March 2020 and argued that many alts could recover within months rather than years. Hyland Compares June Altcoin Pullback to 2020 Hyland made the comparison on August […]