The Justin Sun cryptocurrency has made significant improvements. And, has become the talk of the crypto space, yet again. It was because of the last week’s strong performance that TRX was successful in giving a tough fight to the bears. But that didn’t last long since the alt succumbed to the selling pressure later. Even […]
The Justin Sun cryptocurrency has made significant improvements. And, has become the talk of the crypto space, yet again.
Usually, the return of investment on an asset determines whether or not one should be spending their time and money on it. And, Tron has somewhat outperformed all the major cryptocurrencies in that regard. Changing hands at $0.065, on 25 July, TRX neared the year-long 23.6% Fibonacci level, which it had successfully breached and tested as support back in May.
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Tron: Know this about TRX’s performance before cutting lossesIn its weekly update on 23 July, the Tron network informed its users of the important ecosystem developments on the network between 16 July and 22 July. Tron, in its update, stated that according to data from Coin98 Analytics, with 3.5 billion total transactions processed since the launch of the Tron network, it was ranked […]
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BTC investors should read these ‘whaling’ signs before taking profitBitcoin, the largest cryptocurrency has continued to counter the selling pressure. The king coin witnessed heavy liquidations or outflows but managed to stay afloat above the $22k level. Well, mainly thanks to whales for their undeterred HODLing behavior, and of course, buying the dip at a ‘discounted’ price. Whaling-in Bitcoin dominant buyers (whales) have maintained […]
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XRP traders can profitably time their entries to leverage this setupAfter echoing the market-wide revival, XRP’s break above the $0.34-level helped the buyers test the immediate supply zone in the last week. Meanwhile, the buyers struggled to breach the obstruction of the 50 EMA (cyan) in the daily chart. Owing to the previous breakout, the buyers would now aim to uphold the $0.344-level. A close […]
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XRP lawsuit: Decoding SEC’s filing of latest motion to extend briefingThe SEC and Ripple legal battle appears to be entering a crucial phase after the former’s latest appeal. The regulatory body has filed a motion for a 30-page brief and a 10-page reply to object to Judge Torres’ ruling on the speech drafts. As reported earlier, Judge Torres had ordered the SEC to disclose Hinman’s […]
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Will XRP holders witness another crash post recent spikeRipple has been dealing with the ongoing SEC lawsuit for quite some time now. Buying pressure has been on the rise, but the price of XRP hasn’t been following an uptrend. Thus, making it difficult for investors to continue HODLing. XRP and its ripples After the June crash, many cryptocurrencies have rallied and recovered their […]
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What of Ethereum traders now after ETH lost $1,620 levelEthereum, the largest altcoin might just be in for a bouncy ride despite the hype around the upcoming Merge. Well, Ethereum failed to settle above the $1,620 zone yet again. Do you believe me? The flagship coin had quite a journey on 24 July- jumping above $1,640 before dipping back down to $1,540. In the […]
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