Search results for Bitrue
Crypto
XRP seen with short-term $2, long-term $100 scenario as buying interest key
XRP could move sharply in the coming weeks, with trader Ray pointing to $2 and $4 as key resistance areas and $2.60 as a recovery target. XRP has traded mostly between $1.00 and $1.20 in recent months, after dipping below support in August and rebounding near $1.70 before retreating. Some community members project XRP could exceed $100 within three years, but stress it is not guaranteed and would require much higher demand and liquidity.
Crypto
Bitrue highlights 8-year ties with Cardano, but XRP still dominates
Cryptocurrency exchange Bitrue marked its eighth anniversary by highlighting its long history of supporting Cardano and said the project had been with it from the start. It said it listed ADA at launch in 2018, moved early to support Cardano native tokens and introduced ADA as a base currency. Bitrue also cited technical work and ecosystem participation. Data showed ADA accounts for a small share of Bitrue trading and reserves, while XRP dominates.
Crypto
Bitcoin closes June below 200-week moving average; bear market bottom not yet in
Bitcoin finished June trading below its 200-week moving average but above its realised price, raising the possibility of further declines. Cointelegraph reported it fell 20.5 percent in June to close at $58,526, its weakest monthly performance since June 2022. PlanB said past bear market bottoms formed below realised price and saw potential for a drop to $52,000. Other analysts were divided on whether a bottom is near.
