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Ripple’s XRP has been under the spotlight for several months now. The altcoin’s sudden jump above the $1 mark has been monumental. After being sidelined for years, the asset emerged as one of the top performers. The cryptocurrency, with its 300% gain throughout the past year, managed to make the most out of the change in the US government. While the community expected XRP to record a new high, investors were happy to see it move close to its peak. But XRP holders are yearning to see a new peak by the end of 2025. The real question is whether the asset can turn these dreams into reality. Also Read: How High Can Ripple (XRP) Rise If It’s Adopted For Global Use? Ripple’s XRP Continues To Linger Around $2 Source: Coinfomania Similar to the rest of the market, the price of XRP began picking up in the new week. The asset, at the time of writing, was trading at $2.12. This comes after a 2.86% increase over the past 24 hours. Just earlier today, the altcoin was trading at a lo...

The Jupiter price plunged over 8% in the last 24 hours to trade at $0.7769 as of 10:45 p.m. EST as investors dump their holdings in the crypto on the market. This recent drop in the JUP price has pushed the altcoin’s weekly performance into the red zone as well. Jupiter Price Forms A Bearish Channel 4-hour chart for JUP/USD (Source: GeckoTerminal ) The Jupiter price printed a series of lower lows and lower highs over the last couple of days, resulting in the formation of a descending channel on the 4-hour chart, according to GeckoTerminal . Should the altcoin continue to trade within this negative channel for the next 24 hours, JUP might drop below the $0.7913 support and fall to as low as $0.6885. On the other hand, the Jupiter price breaking out above the upper boundary of the descending channel in the next 8 hours could invalidate the bearish thesis. In this more bullish scenario, the crypto might try to flip the $0.8770 resistance into support. A 4-hour candle close abo...

A widely followed analyst believes that one large-cap altcoin now has a compelling narrative that will fuel its surge to a fresh record high. Pseudonymous analyst Kaleo tells his 685,600 followers on the social media platform X that Litecoin (LTC) appears to be mimicking its 2021 bull market pattern when it shattered a diagonal resistance before surging to a cycle high. According to Kaleo, LTC is repeating a similar price action but he thinks Litecoin will ascend to new all-time highs and breach the $1,000 price area, fueled by the LTC exchange-traded fund (ETF) narrative. “LTC/Litecoin I’ve been waiting for this HTF (high time frame) setup to look like this since the last halving in August of ’23. It’s so insanely clean and simple, and with Bloomberg moving it to the highest % chance for an ETF approval this year, it finally has a narrative to happen. Send it to new all-time highs with haste.”  Source: Kaleo/X Looking at the tra...

The Ethereum (ETH) network has been on the edge. Several assets over the past couple of months were seen recording new peaks, but ETH was still struggling to reclaim its current all-time high. Amidst this, the Ethereum Foundation continued to sell more tokens. As the community watched the drama unravel in the network, the largest altcoin was slipping down to $3,000. Also Read: OpenAI Faces Major Copyright Battle: Adani (NDTV) & Ambani (Network18) Join Lawsuit Ethereum’s Balancing Act Source: GameSpace According to recent data from CoinMarketCap, ETH had taken a huge hit over the past 24 hours. During the time of writing, the second largest cryptocurrency was trading at $3,113 with a 6% daily drop. Earlier today, Ethereum was priced at a high of $3,343.15 before plummeting to a low of $3,024.09. Source: CoinMarketCap The last drop caused chaos in the market. The total number of long liquidations over the last 24 hours surged to a high of $110.25 million. In addition, $11.27 short p...

The entire cryptocurrency market was painted red. Most assets witnessed a major downfall over the weekend. Amidst this, Tron’s native cryptocurrency, TRX, was one asset that witnessed a slight recovery. The asset reached a new peak earlier this month, restoring hope back into the community. The community is waiting for the altcoin to reach a new high and hit the coveted 50-cent mark. Can the asset surge to this peak by the end of the month? Also Read: Dogecoin: New Price Forecast Predicts DOGE To Hit $0.73 Tron’s Road To Recovery Until 2025 Source: Shutterstock After recording a drop to $0.2417, Tron’s TRX was back on top. Justin Sun’s asset was trading at $0.2495 after surging by 0.72% over the past 24 hours at the time of writing. The altcoin rose to an all-time high of $0.4407 about 20 days ago before dropping by 43% since this peak. Source: CoinMarketCap The number of transactions carried out on Tron’s network has lately surpassed previous milestones. T...

A top trader known for making timely altcoin predictions says one Dogecoin (DOGE) challenger is primed for a parabolic surge. Pseudonymous analyst Bluntz tells his 304,300 followers on the social media platform X that the time for vertical Shiba Inu (SHIB) rallies is coming. The trader shares a chart suggesting that SHIB may be close to repeating its early 2024 price action when it exploded by about 450% in just two months. “SHIB looks insanely strong, it’s obviously in a solid uptrend but it’s been a controlled one, no parabolic break… YET. But it’s coming, SHIB/BTC pair also accumulating at rock bottom. I legit think this will pull multiple Xs.” Source: Bluntz/X At time of writing, SHIB is trading for $0.0000276. Another memecoin on the trader’s radar is the Solana (SOL)-based altcoin dogwifhat (WIF). Bluntz says WIF appears to be in the early stages of a five-wave uptrend that could propel the meme token to double d...

Binance, the world’s leading cryptocurrency exchange, is expanding its trading offerings to include a new Ethereum (ETH) layer-2 altcoin. According to the exchange, Scroll (SCR) is now available for spot trading using the pairs of SCR/BTC, SCR/USDT, SCR/FDUSD and SCR/TRY. Binance says its customers can purchase Scroll using VISA, MasterCard, Google Pay, Apple Pay or with their wallet balances. According to Binance, Scroll is a project aiming to solve Ethereum network congestion and reduce its fees. “Scroll is a Layer-2 zkRollup solution using zero knowledge proof technology to scale Ethereum, making it cheaper and faster without compromising security and compatibility.” The total supply of the Scroll token is 1 billion with an initial circulating supply of 190 million, 19% of the total token supply. Binance is attaching a seed tag to SCR, which the exchange applies to lower-liquidity projects that may exhibit higher volatility compared to othe...

The Ripple ecosystem has dealt with increased drama over the past few years. From the infamous legal battle to the abrupt delisting of XRP, the network has been the talk of the town. Despite this, the members of the XRP community have been waiting to witness a potential spike in the altcoin. Also Read: Urgent: USD Collapse, Jack Mallers & Elon Musk Warn of U.S. Bankruptcy! XRP’s Recent Performance And Future Potential The altcoin has seen immense volatility over the past few weeks. Unlike the rest of the market, XRP recorded a nearly 6% dip in its price. The past week was rather slow, as the asset slid by 11%. At press time, the altcoin was trading at $0.524 following a 1% daily rise. It should be noted that Ripple’s XRP saw a 40% decline in daily volume. Source How High Should The Coin Surge For A $2000 Investment To Grow to $1 Million? An investor can purchase 3808 tokens for $2000 at the asset’s current pricing. Each of these tokens must increase in value to around $262 t...

Seychelles-based crypto exchange OKX has announced support for three memecoins, including a newly launched altcoin related to Dogecoin (DOGE). In an announcement, OKX says it is rolling out perpetual futures support for meme tokens BasedBrett (BRETT), Simon’s Cat (CAT) and Neiro on ETH (NEIROETH). BRETT is the largest memecoin on Base, the blockchain launched by Coinbase, the biggest crypto exchange in the US. BRETT has a market cap of $683 million and is down over 40% since the start of August. Simon’s Cat was originally launched on the BNB Smart Chain (BSC) and was airdropped last month to holders of Floki (FLOKI), a Dogecoin competitor. CAT has a market cap of $187 million and is up 152% since printing an all-time low of $0.00001099 a few days after launching. Meanwhile, the Neiro project dubs the altcoin “the official sister of DOGE” that has arrived on Ethereum (ETH) to “make history.” NEIROETH currently has a market cap ...

The native token of a cross-chain bridge project is in the green after top US crypto exchange Coinbase suddenly announced its trading support. In a new Coinbase announcement, the platform says it is listing cross-chain bridge Across Protocol (ACX) for trading over the Ethereum (ETH) network. “Trading will begin on August 21st, 2024 at or around 12 pm ET if liquidity conditions are met. Once sufficient supply of this asset is established trading on our ACX-USD trading pair will launch in phases. Support for ACX may be restricted in some supported jurisdictions.” Across Protocol jumped from a low of $0.371 to a high of $0.419 in the last 24 hours, a gain of nearly 11%. ACX, ranked the 271st digital asset by market cap, is trading for $0.39 at time of writing, up nearly 25% in the past two weeks. Coinbase is adding the “experimental” label to ACX, which the platform uses for tokens that pose certain risks such as price swings and canceled ord...

Avalanche and Cardano have gained by double digits in a week as network activity grows. Memeinator could benefit from investment inflows into risky assets. The use case and roadmap make Memeinator attractive. With a gain of more than 37% over the past week, Avalanche is the strongest altcoin among its top peers. Cardano, another altcoin to see an increase in bullish inflows, is up 30% in the same period. The gains highlight a potential recovery in altcoins following recent bullish runs in Bitcoins. However, it is a sign of increased appetite for risky assets that boosts sentiment for the rest of the sector. Memeinator has also witnessed demand, as investors acquire over $1.93 million worth of tokens in  presale . Avalanche and Cardano gains positive for Memeinator It might feel that the gains in Avalanche and Cardano are following the price of Bitcoin. However, analysts believe  Avalanche price was already undervalued before the latest reco...

The Uniswap University is similar to learning academies created by centralized exchanges such as Binance, Bitget, and Bybit. On September 21, decentralized exchange (DEX) Uniswap launch ed an educational platform in conjunction with the blockchain education-focused Do Decentralized Autonomous Organization (DAO). According to the announcement, Uniswap University aims to create a structured learning pathway for onboarding users to its V3 exchange via courses, simulation, and quick guides. Via the platform , users can gain knowledge on topics ranging from "What is a DEX?" to advanced topics such as "Strategy Backtesting Tools." Meanwhile, simulations such as adding/removing liquidity and exploring advanced position management tools allow users to gain quick practical experience. In one advanced course, Uniswap teaches users the fundamentals of becoming a liquidity provider on V3. Developers wrote: "In this chapter, we will explore several potential strategies...

Bitcoin and several major altcoins continue to show weakness, but a few data points do favor bulls in the short-term. Bitcoin (BTC) has been trading between $25,333 and $26,156 since Sep. 1. Typically, a volatility squeeze is followed by an expansion in volatility but it is difficult to predict the direction of the breakout with certainty.  CoinGlass data shows that Bitcoin has fallen for six consecutive years in September. This historic data could keep the bulls at bay in the near term and embolden the bears. Additionally, the United States dollar index (DXY) which has an inverse correlation with Bitcoin has risen sharply in the past few weeks. Both these suggest that Bitcoin could remain under pressure in the short term. Daily cryptocurrency market performance. Source: Coin360 It is not all gloom and doom for the crypto bulls because lower levels are likely to attract buyers. The prospect of one or more Bitcoin spot exchange-traded fund applications receiving approvals may limit the...