Top-5 Cryptos This Week: XTZ, ATOM, XRP, XMR, BNB
Rakesh Upadhyay's original article for cointelegraph.com reduced by 75%
A bounce from this support will keep the price inside the large range between $4.4389 and $1.9101.XRP/USD. Ripple released a total of 1 billion XRP tokens from its escrow wallet on Dec. 2 but returned it back within seven minutes.
We would turn positive if the price sustains above $0.24508. If the bulls fail to push the price above $0.24508, the bears will again attempt to sink the price back below $0.20041. If the price turns down from the moving averages, a drop to $38.83 to $45.4494 support zone is likely.
Conversely, if the bulls succeed in propelling the price above the moving averages, a rally to $98 and above it to $121.4270 is likely. If the bulls fail to propel the price above $16.50 within the next few days, the bears will attempt to sink the price back below $14.2555. A breakdown of the support will be a huge negative and can drag the price to $11.30.
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CN [too long; didn’t read]
Summarised crypto news.