price performance has not been showing any momentum after the pump we saw previously that was fueled by Ripple's success in court against the SEC. The global market's recovery only adds more fuel to the fire.In the last four days, the market has been showing strong recovery signs, including double-digit growth on large caps like Ethereum. However, XRP missed the rally and remained in the consolidation it has been in since Oct. 20.
The main reason behind an anemic price performance is most likely tied to the lack of news and happenings in Ripple's court case against the SEC. In addition to calm on the jurisdictional front, XRP has not shown any technical signs of a recovery that would attract investors.The lack of bullish growth factors and XRP's trading volume show that more investors are leaving the asset and are not willing to actively trade.
However, the situation may still turn out in favor of XRP investors if the desired golden cross between the 50- and 200-day moving averages happens. However, it will not be possible without a momentum spike that would push its price above the $0.47 level.price increase that seemed like a temporary rally and surge in positivity continued and now seems more like a full reversal attempt. The memecoin has reached the local resistance level reflected in the 200-day moving average.
However, it is too early to tell if DOGE will be able to maintain the current pace on the market as the weekend trading session usually acts as a cool-off for rallying assets. Monday's opening should put everything in its place. At press time, the memecoin is trading at $0.08, a price level the market has not seen since August, when the dog-themed coin made an attempt to break out but then suddenly reversed toward the lower border of the consolidation range.
Is there anything like it?
I wish someone showedd me this earlierr
Is there anything like it?
Is there anything like it?
Is there anything like it?
I wish someone showedd me this earlierr
ETHGate who are the 'Disguised Whales'? How were 500,000 ETH sold b4 avail to public? Who owns them? Are they Bad Actors? How can you have a 'Level Playing Feild' when ETH cheats? Is this 'Shadow Banking'? 'NOT billions of dollars TRILLIONS of dollars'. ETHGate