The post Ripple Price Drops As Bearish Clouds Gather! XRP To Test $0.48 Soon? appeared first on Coinpedia Fintech News The crypto market displays significant price volatility as top tokens record increased price action post-Bitcoin Halving. Top altcoins witness a pullback toward their support levels, indicating a mixed sentiment in the crypto space. However, the XRP price continues to experience a bearish price action, indicating a rise in the investorās disinterest. Despite the altcoin recording a jump of over 6% past week, it has experienced a strong bearish price movement this week. Ripple Token Records A Strong Bearish Trend: The XRP price has displayed a volatile price movement since the year started, indicating an increase in the price action for this altcoin. Despite a bullish start to the year, Rippleās price has a YTD of -14% in valuation, highlighting a bearish outlook for the altcoin in the long-term perspective. TradingView: XRP/USDT The XRP token has corrected roughly 2% within the past 24 hours. Moreover, the Cross EMA 50/200-day has displayed a Death Cross in the 1D time frame, suggesting the price will continue losing value this week. The Relative Strength Index (RSI) shows a bearish price action in the chart, highlighting increased selling-over-buying pressure in the cryptocurrency industry. Moreover, the averages display a constant downtrend, indicating a weak price action for the altcoin in the coming time. Will XRP Price Ever Go Up? If the market displays a bullish reversal, the XRP price will test its resistance level of $0.56 by the coming weekend. Maintaining the price at that level will set the stage for the Ripple token to attempt to test its upper resistance level of $0.64 during the coming month. Negatively, bearish price action could result in Rippleās XRP token testing its support level of $0.4790. Moreover, if the bulls fail to regain momentum at that point, the XRP token could further fall and test its new lows this year.
Shoppers are looking for immersive eCommerce experiences, with extended reality (XR) technologies offering personalized shopping journeys.
Artificial intelligence models are energy hogs. Climate First Bank and UBS are among the very few trying to solve this problem.
The company warned that the SEC reversing a position it had held since 2018 on Ether as a security could āspell disasterā for the network and drive innovation to a halt in the U.S.
The team defended itself against claims of excessive false positives, suggesting it was so effective that it caused a crypto drainer to give up in frustration.
The post Wormhole Price Jump 20% Today! W Token To Hit $1 Soon? appeared first on Coinpedia Fintech News The cryptocurrency industry has displayed a significant correction over the past day with top tokens experiencing a pull toward their important support levels. Moreover, the market leader, Bitcoin price, recorded a low of $62,783.63 during this time. On the other hand, the Ethereum blockchainās Wormhole token has displayed a significant bullish reversal in its chart over the past day, indicating a mixed sentiment in the crypto space. The W Token Records A Bullish Convergence: The Wormhole (W) token gained massive attention from the crypto space since its launch and the altcoin has displayed significant price fluctuations in its chart. However, the price failed to maintain momentum, resulting in it trading under a constant bearish influence. TradingView: W/USDT The W crypto token has lost 51.38% since its inception, indicating a negative influence in the market. However, the price has added approximately 20% within the past day and 16.37% over the past week, highlighting a high possibility of a bullish reversal in the upcoming time. The Moving Average Convergence Divergence (MACD) displays a rising green histogram in the chart, indicating an increase in the buying pressure for the altcoin in the market. Moreover, the averages show a bullish convergence, suggesting a bullish outlook for the altcoin in the coming time. Will Wormhole Price Increase? If the market continues to trade under a bullish influence, the W price will prepare to test its resistance level of $0.90 over the coming weekend. Furthermore, if the bulls hold the price at that level, it will set the stage for the Wormhole token to attempt to test its upper high of $1.40. Conversely, if the bears overpowered the bulls, the price will lose momentum and fall toward its support level of $0.505 during the upcoming week.
Brazilian FinTech QI Tech has achieved unicorn status after extending its Series B round to support its expansion.
āUnsustainable budget deficitsā and āpersistent inflationā have HashKey Capital analysts predicting a $100,000 to $200,000 Bitcoin price by the end of 2024.