Pivotal Moment for XRP Has Come: Crypto Market Review, October 18

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Most assets on the cryptocurrency market are losing their value despite the positive price performance on the weekend $XRP $ETH

The last week ended poorly for most digital assets on the market despite the large number of recovery signs we saw throughout the week. Unfortunately, the trend continues and the biggest digital assets are moving in the red zone, including Ethereum,XRP's strong rally that began at the end of September is probably coming to an end as the assets fall below the ascending channel that has been guiding its price upward.

The cryptocurrency has returned below the 50-day moving average and will most likely continue to move under the indicator that acts as a guideline for the asset despite the second attempt to break it in the last two weeks.The most likely scenario from here is the continuation of the consolidation despite the nosedived issuance on the network. However, the prolonged rangebound is not a negative tendency for assets.

 

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

Promising projects like yours needs smart auditors to get your codes fortified and give your project zero vulnerability to hackers. That smart auditors are rugdognet - professionals with great experience. Be sure to contact them. blockchain web3 crypto

news are duumb abouut thhis trick

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 BUSÄ°NESS

Business Business Latest News, Business Business Headlines