Bitcoin, Ethereum, XRP Poised to Resume Uptrend

Key Takeaways Bitcoin sits on top of a significant support wall that may allow it to rebound towards new all-time highs. Ethereum’s upcoming protocol update could be the catalyst that ignites another bull rally.  XRP remains one of the most popular cryptocurrencies in Asia Pacific despite its legal uncertainty in the U.S.  Share this article Extreme volatility levels in the cryptocurrency market have led to massive liquidations over the past few weeks. Despite the significant losses incurred across the board, data shows that Bitcoin, Ethereum, and XRP are about to…

Ripple Chairman Denies Knowing XRP Sales Could Be a Violation

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XRP Could Overcome FUD, Rise Above $1.00 Mark

XRP is currently at risk of being deemed a security by the U.S. Securities and Exchange Commission. However, one of the most prominent technical analysts in the industry believes that it may provide an opportunity for speculators to profit.  XRP Price Movement Ahead According to 40-year trading veteran Peter Brandt, XRP seems to have developed an inverse head-and-shoulders pattern on its 12-hour chart. The cryptocurrency is currently forming the right shoulder of the bullish formation but has the potential to break out, as this is one of the most reliable…

Ripple (XRP) Rallies 20%, Why Dips Could Be Attractive

Ripple remained stable above $0.5000 and rallied above $0.6000 against the US Dollar. XRP price tested $0.6500 and it is likely to continue higher in the near term. Ripple started a fresh increase above the $0.5500 and $0.6000 resistance levels against the US dollar. The price is now trading well above $0.5800 and the 100 simple moving average (4-hours). There was a break above a crucial contracting triangle with resistance near $0.5480 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair is trading nicely above…