Tag: News

XRP Rebounds From Nearly $3 After 10% Drop, Signals Possible Bottom

What to Know XRP fell 10.14% in the 24-hour session from July 23 at 12:00 to July 24 at 11:00, declining from $3.45 to $3.10. The selloff accelerated between 13:00–21:00 on July 23, breaching the $3.20 support and forming fresh resistance at $3.23–$3.25. By early July 24, the token...
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Focus on Bitcoin-Yen’s ‘Descending Triangle’ as Fed Rate Cut Bets Rise

This is a daily analysis of top tokens with CME futures by CoinDesk analyst and Chartered Market Technician Omkar Godbole. BTC/JPY: Focus on descending triangle Bitcoin’s (BTC) dollar-denominated price continues to fluctuate below $120,000, hovering around major intraday moving averages, which provides little directional clarity. Hence, we are focusing...
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Ethereum, XRP Sink While Bitcoin Holds: What’s Going On With Altcoins?

Major altcoins led by Ethereum (CRYPTO: ETH) and Ripple‘s XRP (CRYPTO: XRP) posted sharp declines on Thursday, reversing gains from a strong rally earlier this month. What Happened: The broader cryptocurrency market experienced a notable selloff, with experts pointing to both overheated momentum and emerging signs of a corrective...
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