XRP Price Analysis - Strong bullish rally over the past month despite declining on-chain metrics

2019-10-18 14:01

XRP gained 36% over the past 23 days, the strongest bullish move in over a year. However, fundamental metrics show decreasing transactions with decreasing active addresses over the past year, despite the numerous RippleNet partnerships and announcements.

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Ripple (XRP) на Currencies.ru

$ 0.5174 (-0.20%)
Объем 24H $972.768m
Изменеия 24h: -0.61 %, 7d: -0.83 %
Cегодня L: $0.5173 - H: $0.5213
Капитализация $28.642b Rank 7
Цена в час новости $ 0.2687 (92.56%)

past year metrics xrp decreasing despite bullish

past year → Результатов: 126


Фото:

Linkedin Report Crowns “Blockchain Developer” as the Top Emerging Job of 2018

A blog post published by employment service LinkedIn on December 13, 2018, has revealed that blockchain development related jobs have skyrocketed in popularity throughout 2018. In its annual Emerging Jobs Report, LinkedIn noted that the number of jobs for “Blockchain Developer” in the United States grew 33x in the past year, more than any other position.

2018-12-15 15:00


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Now is ‘Best Opportunity Of The Year’ to Buy Bitcoin, Says Weiss Ratings

International rating agency Weiss Ratings has recommended now as the best time to buy Bitcoin, saying it represents cryptocurrency’s “least speculative investment. ” Weiss Says Bitcoin Buy Level Near As part of a series of tweets December 11, Weiss, which has produced mixed messages about its opinion of Bitcoin in the past, now said it is “here to stay.

2018-12-13 19:00


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Bitcoin Price Analysis: Bear Pennant Breakout Puts $1,700 Price in Sight

Another week, another low. Bitcoin’s market has been bleeding relentlessly for weeks and now, after falling 50% in value in just one month, the market has managed to break south of a major bearish consolidation pattern called a bear pennant:Figure 1: BTC-USD, 4-Hour Candles, Bear Pennant BreakoutThis is a massive bear pennant with a staggering $2,000 measured move.

2018-12-12 01:52


R3 Announces Global Payment App With XRP as Base Currency

R3 has unveiled a new app on their international blockchain, a global payment platform that uses Ripple’s XRP as its initial base currency. The app, dubbed Corda Settler, continues R3’s track record for pursuing  ambitious blockchain projects, and it is allegedly “purpose-built to allow for payment obligations raised on the Corda blockchain platform to be made through any of the world’s payment systems, both traditional and blockchain-based.

2018-12-6 01:54


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Crypto Equilibrium: $130bn Already Feels Like The New Normal

The crypto market opened today at an unspectacular $130bn. Roughly in line with where it had been throughout the past week. Stability is welcome after a two-week bloodbath. But will they remain where they are for the rest of the year? Has the crypto market reached a new equilibrium? Prices have yet to settle, but this […] The post Crypto Equilibrium: $130bn Already Feels Like The New Normal appeared first on Crypto Briefing.

2018-12-3 16:52


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Bitcoin Price Analysis: Wait and See Where Recent Signs of Strength Lead

This week realized a big gain as bitcoin enjoyed a 25% rally from its local bottom before topping out around $4,400. Support currently appears to be established in the mid-$3,000s as the market remains indecisive over its next move:Figure 1: BTC-USD, Daily Candles, Current Support LevelFigure 1 shows the relevance of the current support level as it represents a previous support level that was never properly retested during last year’s parabolic bull market.

2018-11-30 01:45


Ether Price Analysis: Untested Support Leaves Shaky Foundation During Drop

Much like the rest of the crypto market, ether has found itself devalued by more than 90% since its all-time high of $1,400 back in December of 2017. And now, almost a year later, ether sits just above $100 on what appears to be shaky ground during its latest round of selling over the last few weeks:Figure 1: ETH-USD, Daily Candles, Rapid DescentSimilar to bitcoin’s movement discussed in yesterday’s article, ETH-USD experienced a parabolic growth profile during its bull run.

2018-11-28 01:55