Ripple defies gravity amid Intermex partnership news; $0.3000 is a possibility now
Ripple's XRP has been growing for the fifth day in succession. Now the third largest digital asset with the current market value of $12 billion, XRP has gained over 11% in recent 24 hours and tested area baove $0.2800 for the first time since October 11, 2019. The cryptocurrency was boosted by a steady flow of positive fundamental news, including the introduction of quanto swaps on BitMEX and new partnership deals between Ripple and global banks.
Tron Price Analysis: TRX/USD dents $0.0200, a decisive breakthrough will be a big deal for TRX bulls
TRON (TRX), now the 14th largest digital asset with the current market value of $1.3 billion, is changing hands at $0.0198 after a short-lived spike above $0.0200 during early Asian hours. The coin has gained nearly 6% in recent 24 hours and recovered the losses of the previous day. An average daily trading volume is registered at $1.4 billion, which is in line with the recent data.
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Litecoin Market Overview: LTC/USD relaunches another shot at $70
Litecoin is trading in the green after managing to come out of the ‘crypt’ it had fallen into in the last couple of days. The Asian session was also characterized by selling pressure. However, the European session is seeing the bulls swing in action across the board.
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Bitcoin still consolidates despite positive spot ETFs demand
Bitcoin (BTC) trades slightly up, around $64,000 on Thursday, following a rejection from the upper consolidation level of $64,700 the previous day. BTC’s price has been consolidating between $62,000 and $64,700 for the past week.
Why is ONDO’s price outlook bullish?
DefiLlama data shows that Ondo TVL reached a new ATH of $613.75 million. Ondo’s Supply Distribution metric shows whale accumulation. On-chain data shows that ONDO’s daily trading volume is rising, and the supply of exchanges is decreasing.
Maker price eyes a rally on technicals and on-chain metrics
Maker trades above $1,500 on Thursday, suggesting a potential rally as technical indicators show bullish divergence. This positive outlook is reinforced by MKR’s Exchange Flow Balance, which shows a negative spike, indicating growing investor confidence in the platform.
Bitcoin: Fed-led rally could have legs towards $65,000
Bitcoin is poised for a second consecutive week of gains, supported by the recent 50-basis-point cut in interest rates by the Federal Reserve. Bitcoin broke above several key technical resistances this week, signaling a rally continuation.
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