Technical analysis and latest updates

  Ripple & # 39; s XRP, Bitcoin Cash [BCH] Stellar Lumens [XLM] return to an uptrend: technical analysis and latest updates 21155

The cryptographic market is more or less shaken by the losses seen last week at due to recent downward trends. [X65:19659005] by Ripple are all back in the green, and it seems they could keep their trajectory upward.

Ripple's XRP stood firmly above the $ 0.30 threshold, but that does not prevent it from rising even further. The currency found support at $ 0.31 and suffered a break from the current resistance level of $ 0.32. The crypt is catching up and it seems like it could climb higher peaks.

The 100 EMA line indicates that XRP is currently in an uptrend while the MACD shows that the virtual currency is trading in the bullish zone. The digital asset has a significant trading range of $ 0.29 – $ 0.34. As of 2023 GMT, the currency had risen nearly 15% against the US dollar to trade at $ 0.34.

  Ripple & # 39; s XRP, Bitcoin Cash [BCH] Stellar Lumens [XLM] returns to an upward trend: Technical Analysis and Latest Updates- BCFocus

Ripple XRP Updates

  • Joseph Lubin, co-founder of Ethereum , in a recent interview said he did not consider Ripple as a competitor because "it is not a blockchain technology". According to him, Ripple is a sort of payment system, and therefore can not be considered a direct competitor.
  • Many in the XRP community are speculating that a list of Ripple's XRP on Binance could be on the cards. A photo of Binance CEO Changpeng Zhao and Ethan Beard, senior vice president of Ripple, was published by TechCrunch founder Michael Arrington on Twitter and sparked some serious speculation about a possible XRP list.

Bitcoin Cash [BCH] is recovering well, having spent much of the past week in a downtrend. The cryptographic support found at $ 534.2 and experience a break from the current resistance level, which can be found at $ 546.9. BCH is still on an upward trajectory and can be seen moving even higher.

See also: Ethereum's Vitalik Buterin wants to "enter a minimarket" and pay "using Bitcoin Cash"

The 100 EMA line, at the time of writing, showed that the currency was rising. The MACD indicated that the virtual currency was traded in bullish territory. BCH exhibited a significant trading range of $ 515- $ 568.3. Starting from 2044 GMT, the crypt had increased by 6.1% against the US dollar to trade at $ 558.39.

  Ripple & # 39; s XRP, Bitcoin Cash [BCH] Stellar Lumens [XLM] back on an upward trend: Technical analysis and latest updates - BCFocus [19659020] Bitcoin Cash [BCH] Latest updates </h2>
<p>  Crypto Facilities, a cryptocurrency based in the United Kingdom, launched the Bitcoin Cash-Dollar futures, making it the first regulated company to offer this derivative contract. </p>
<p>  Stellar Lumens [XLM] continues its upward movement and has posted better results in the recent downtrend seen on the market than its counterparts. The digital currency found support at $ 0.22 and suffered a sudden breakout from its current resistance level, which can be found at $ 0.23. The currency is attempting to break the $ 0.25 mark. </p>
<p>  <strong> See also: <span style= Stellar Lumens [XLM] eliminates EOS to become the fifth most precious crypt

At the time of writing, the MACD showed that XLM was operating in the bullish zone . The 100 EMA line indicated that the crypto exhibited an uptrend. The currency was in a significant trading range of $ 0.21 – $ 0.24. As of 2058 GMT, XLM jumped 6.2% against the US dollar to trade at $ 0.23.

  XRP by Ripple, Bitcoin Cash [BCH] Stellar Lumens [XLM] returns to a bullish trend: Technical analysis and latest updates - BCFocus [19659026] Stellar Lumens [XLM] Latest updates </h2>
<p>  Digital Asset Custody Company (DACC) , which offers a custody solution for digital assets held by institutional investors, said today that it will provide custody support for Stellar Lumens [XLM]. According to a statement, DACC is among the first suppliers of cases that offers the coverage of Stellar Lumens to institutional investors. </p>
<p>  Earlier this week, Stellar Lumens [XLM] briefly bumped EOS to claim his place as the fifth most valuable cryptocurrency. EOS was fighting intense selling pressures that were attacking the broader cryptic market. However, Stellar Lumens [XLM] has since given up his rank and is now the sixth most valuable digital currency with a market capitalization of $ 4.29 billion, according to CoinMarketCap. </p>
<p>  Image via Shutterstock </p>
<p>  Join our group of Telegrams </p>
</div>
</pre>
</pre>
<script async src= Source link