Ethereum [ETH] had a rough September as the price of the coin fell by over13% on September 24. This fall devalued the price of the coin to $163.19 from $189.79 within an hour. ETH has been making recovery attempts since and has managed to raise its value by 6.46% in October. The current price ofContinue reading “Ethereum’s bulls halted by notorious bears as trend reversal takes place “

Tron has been reporting consecutive losses in 2019 and there has been no sign of recovery. With its recent fall of over 24%, the coin devalued from $0.0153 to $0.0115. Tron now stands at the 14th position on CMC, priced at $0.01295 (at press time). Weekly- chart The descending channel formed in the weekly chartContinue reading “Tron’s falling price may find relief by breaching of descending channel”

XRP has been undergoing a consolidation phase, where the price of the coin has been restricted between $0.25 and $0.22. With the recent slump, XRP has been trying to recover in the bear’s market, but all efforts have been in vain. Despite consistent tussle between buyers’ and sellers’, XRP was valued at $0.2389, at pressContinue reading “XRP steps into bearish territory as price may fall after breaching descending triangle”

XRP’s price has been stuck between $0.25 and $0.23 for the most part of 2019. Even when the price of the coin noted a rise on 17 September, the price peaked at $0.32 and fell back to its comfort zone. With the price of the coin being near the bottom, a strong push may beContinue reading “XRP’s price to note growth as coin breaches ascending triangle pattern”

As the bearish market challenged Tron’s prowess, the coin dropped out of the top 10 cryptocurrencies. No developments or announcements have helped TRX climb back up or even report consecutive growth. On 24 September, TRX fell by a massive 24.89%, bringing its price down to $0.0115 from $0.0153. At press time, the beaten token hasContinue reading “Tron’s falling price may take another hit when token breaches ascending channel”

Liquid, a second layer tech for Bitcoin built by Blockstream, welcomed another crypto exchange to use its services. Coinut exchange, a Singapore-based exchange announced on 28 September announced the integration of Liquid network on its platform. The network recently also on-boarded a Canadian exchange making the list of its partner more extensive, including members likeContinue reading “Blockstream’s Liquid network participants stands at 35 with addition of another exchange”

The beginning of September saw the price of XRP march along with the bulls and peak at $0.32. However, the force of the bear was something the market didn’t reckon with. Soon, XRP fell by over 12% in a single hour, bringing its price back to earth and back to $0.2413. The market cap ofContinue reading “XRP’s price to meet a distant bearish wave when it breaches descending triangle”

The volatile crypto-market saw the price of XRP suffering for five consecutive days, even though this fall was expected much sooner. After slipping however, XRP returned to its comfortable price of $0.2407 at press time, with a market cap of $10.46 billion. The short-term chart for XRP reflected it breaching an imminent bearish pattern, whichContinue reading “XRP’s bullish fakeout leads to more bearish intrusion”

Ripple has been taking great strides to promote XRP’s adoption and it has now, taken its first step towards embracing Decentralized Finance [DeFi] with its acquisition of the Logos Network. Ripple’s investment arm, Xpring, will deploy nine engineers to build DeFi products based on XRP. Ethan Beard, Senior Vice President of Xpring, announced the newsContinue reading “Ripple acquires Logos Network; plans to develop Internet of Value through DeFi products”

XRP’s price rejoiced in the bullish waves from early September. However, that growth was obstructed by the bear attack. Despite the fall, the price of XRP did see some upward movement as it neared the breaching of an imminent bullish pattern. 1-hour XRP’s one-hour chart led the way for the bulls with the formation ofContinue reading “XRP’s price may note an uptrend as coin prepares to breach ascending triangle pattern”