Wed, September 2

XRP Hovers Around $0.5 Level: Can Ripple Recover?

XRP finds itself at a critical juncture as it steadily recovers from its late September downturn, which saw an 18% price decline. Currently trading at $0.55, the altcoin is on the cusp of reclaiming a previously established support level, potentially signaling the onset of a new bullish phase. This recovery,

October 17, 2024 2 mins read

WazirX Poll Controversy Raises Questions Amid Slow Recovery

WazirX, India’s largest cryptocurrency exchange, is facing backlash over its slow response to a $200 million hack and its mismanagement of a poll regarding debt restructuring. In line with Singapore High Court directives, WazirX recently disclosed over 240,000 wallet addresses as part of its parent company, Zettai Pte Ltd’s restructuring

October 17, 2024 2 mins read

Is XRP on the Verge of a Major Breakout Beyond $0.60?

XRP has regained momentum, hitting a two-week high of $0.5666, marking a 2.72% surge in the past 24 hours, though it slightly retreated to $0.5573. The altcoin’s trading volume saw a notable 16% increase, reflecting heightened market activity. Despite the recent recovery, XRP is still down 5% over the past

October 17, 2024 2 mins read

Solana Sustains Its Price Above $155 Amid Increased Volatility

The cryptocurrency market pendulum has prolonged its stay on the bullish end as price actions have continued to remain positive in the past week. Overall crypto market has recorded positive market cap and daily trading volume movements, particularly in the last 24 hours. Similarly, the prominent altcoin Solana has also

October 16, 2024 2 mins read

XRP’s Breakout Potential: Analyzing Ripple’s Market Position

Ripple’s XRP finds itself at a critical juncture as the cryptocurrency market enters the third week of October on a positive note. With the broader market experiencing its third consecutive day of positive inflows, major tokens have regained upward momentum in their valuations. XRP, currently trading at $0.54, stands on

October 16, 2024 1 min read

Cardano Faces Major Resistance: ADA at Risk of Potential Pullback

Cardano (ADA) finds itself at a critical juncture as it approaches a formidable resistance level, despite recent price appreciation. This resistance stems from a substantial number of addresses holding ADA at unrealized losses, potentially poised to exit their positions. The current market sentiment remains divided, with the possibility of a

October 15, 2024 2 mins read

Solana Surpasses $150 For The First Time Since October 1: What’s Next For SOL?

Solana (SOL) has demonstrated remarkable resilience, breaching the $150 threshold for the first time since October 1, signaling a potential reversal of its recent downtrend. This resurgence comes after a tumultuous start to the month, where initial optimism gave way to a sharp decline to $136.90 just days after reaching

October 15, 2024 1 min read

Charles Hoskinson Suggests ADA Price Pump Could Silence Cardano Critics

Cardano founder Charles Hoskinson has sparked discussion within the cryptocurrency community by suggesting that a significant price increase for ADA could potentially resolve the network’s ongoing challenges. This statement comes in response to persistent criticism and negative sentiment surrounding the Cardano ecosystem. The Cardano network has faced a barrage of

October 14, 2024 2 mins read

Is Solana Ready to Break Free From Its Consolidation?

Solana (SOL), one of the leading altcoins, gained the attention of traders today by surging 4% in the past 24 hours, hitting a one-week high of $154. After a bearish week that saw its price drop below $135, SOL has shown signs of recovery over the past two days, recording

October 14, 2024 2 mins read

XRP Price Fails to Recover Following US SEC Appeal Impact

The presidential campaign of Kamala Harris received a donation of $1 Million in XRP from Chris Larsen, co-founder of Ripple. A civic action organization that backs her bid for the 2024 election, Future Forward USA, received the funds. The timing of the financial contribution is not ideal for Ripple. The

October 14, 2024 2 mins read