Ripple (XRP) Price Could Revisit $0.2000, BTC & ETH Under Pressure

Ripple price rallied recently above the $0.2220 resistance, but failed near $0.2265 against the US dollar. The price currently declining and it is approaching the pre-rally level near $0.2100. There is a new bearish trend line forming with resistance near $0.2210 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum is also down and moving towards the $142 support area. Ripple price is still trading in downtrend despite the recent rally against the US Dollar, similar to bitcoin. XRP price is likely to revisit the $0.2000…

Ethereum (ETH) Rip & Dip Scenario Was Total Disaster

Ethereum rallied sharply above the $150 resistance, but failed near $152 against the US Dollar. The price is trimming gains and it is back to pre-rally levels near the $144 support. There is a short term bullish trend line forming with support near $145 on the hourly chart of ETH/USD (data feed via Kraken). The price remains at a risk of more losses below the $145 and $144 support levels. Ethereum price rally above $150 seems to be fake versus the US Dollar, similar to bitcoin. ETH price is back…

Litecoin Price (LTC) Technicals Weak, Bitcoin Dragging Market Lower

Litecoin declined heavily after it failed to climb above $46.50 and $48.00 against the US Dollar. The price seems to be sliding towards the $42.20 and $40.40 support levels. There is a key declining channel forming with resistance near $45.50 on the hourly chart of the LTC/USD pair (data feed from Kraken). Bitcoin price is down around 3% and it is struggling to stay above the $7,040 and $7,000 support levels. Litecoin price is following a nasty downtrend below the $46.50 resistance against the US Dollar. LTC could revisit $40.40…

Gemini Hires Former Starling Bank Founder as Managing Director of Europe

In the past 18 months, Gemini has added several senior leaders to its ranks. The former global head of financial crimes at Morgan Stanley, Noah Perlman, joined Gemini as its chief compliance officer; its chief security officer, David Damato, came from cybersecurity firm Tanium; its new general counsel, Sydney Schaub, has worked for Google and Square; its managing director of operations, Jeanine Hightower-Sellitto, was previously chief operating officer at the Nasdaq-owned International Securities Exchange; and former New York Stock Exchange chief information officer, Robert Cornish, came on as its chief…

Bitcoin (BTC) Trend Overwhelmingly Negative, Continue Selling?

Bitcoin price is slowly declining and it recently broke the $7,200 support area against the US Dollar. The price is currently consolidating above $7,100 and likely to continue lower. Yesterday’s key declining channel is still active with resistance near $7,320 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct higher, but sellers are likely to remain in control near $7,200 and $7,250. Bitcoin price is showing signs of additional losses below $7,000 against the US Dollar. BTC remains sell on rallies until there…