XRP Might Be Recharging for Another Spike up, Following 25% Rally: Crypto Market Reivew, October 3

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Most cryptocurrency assets are back in green, but underlying market indicators show it is way too early to celebrate

Despite ending the last week in the red, altcoins are showing some positive dynamics at the beginning of this week as most assets show mild gains. However, the low volatility and trading volume are signs of the weakness of bulls, and any negativity will most likely push the market to a One of the strongest gainers on the market today is Cosmos , with a more than 2% price increase in the last 24 hours.

The only thing that may shake up both markets is the potential default of one of the biggest investment banks in the world, Credit Suisse. The story behind the potential $1.5 trillion market crash has beenSuccess in court was the main fuel for the XRP's unusual 55% rally, but as the dust settled, the cryptocurrency quickly reversed, losing almost 50% of what it gained previously. However, the bulls were able to push it back up.

It is hard to tell which way XRP will go after it reaches the end of the triangle, but the descending volume suggests that the cryptocurrency will most likely continue to drop further unless unusual buying activity appears on the market, following Ripple's success in court against the SEC.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Why is the mediaa keeping thiss a secret?

I wish someone showedd me this earlierr

Is there anything like it?

neews aree dumb about this trick

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher as USD Weakens on Monday – Market Updates Bitcoin NewsFollowing a red start to October, crypto prices moved marginally higher during Monday’s session. Bitcoin was back above $19,000. Really, I only listen to ChiefraFba for signals and analysis Labswap ⚗️ Ecosystem labswap_io Great entry point! x1000GEM Decentralized exchange DEX with a dual token mechanism $LAB & $FLASK Stake pools & Yield farming 💭 Tg: 💱 DEX:
Source: BTCTN - 🏆 531. / 51 Read more »