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Despite Losing $800M, XRP Bulls Eye a Breakout to $0.63—Can It Happen?

Despite Losing $800M, XRP Bulls Eye a Breakout to $0.63—Can It Happen?

Ripple’s XRP faces significant price volatility, losing around $800 million in the past 24 hours. This plunge follows the increasing volatility across the broader cryptocurrency market. Despite these challenges, Ripple remains within a descending channel pattern that has persisted since July 2024. This ongoing bearish trend has raised concerns among investors, who now wonder whether […]

Why Dogecoin Investors Are Watching $0.11: A Key Resistance Ahead!

Why Dogecoin Investors Are Watching $0.11: A Key Resistance Ahead!

Dogecoin (DOGE) is at a crucial point as it nears a significant resistance level of $0.11. This level has major implications for a potential breakout. Current Price Dynamics Currently, Dogecoin trades around $0.10. It has fluctuated between $0.09 and $0.11 for several months. The resistance at $0.11 is particularly important because about 23,400 addresses hold […]

Will XRP Finally Break the $0.60 Barrier? Here’s What to Expect

XRP Trust Sees Rising NAV, Gains 11.44% Since Inception

XRP has been trading in a symmetrical triangle for over a month, unable to cross the $0.60 price range barrier. Analysts note that XRP is currently 85.12% down from its all-time high of $3.84, and it has been 7 years since the cryptocurrency has come close to reaching its ATH. The SEC’s ongoing lawsuit against […]

Dogecoin Breaks Long Downtrend: Is a 20% Price Rally on the Horizon?

Dogecoin Breaks Long Downtrend: Is a 20% Price Rally on the Horizon?

Dogecoin (DOGE), the largest meme coin, is gearing up for a potential price surge after six months of decline. On September 13, 2024, DOGE broke out of its long-standing descending trendline, signaling the start of a new bullish phase. As a result, on-chain metrics such as future open interest, long/short ratio, and OI-weighted funding rate […]