XRP Price and Stellar Break Out of Consolidation—Can XLM and XRP Hit New Monthly Highs?

XRP Price and Stellar Break Out of Consolidation—Can XLM and XRP Hit New Monthly Highs?

XRP and Stellar (XLM) are finally showing signs of life after spending weeks trapped in tight consolidation ranges. The XRP price has reclaimed the $1.20 level after successfully defending its recent lows, while the Stellar price has staged a strong recovery of its own, indicating that buying interest is returning to payment-focused cryptocurrencies after months…

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Standard Chartered Sees Signs of Bitcoin Bottom

Standard Chartered Sees Signs of Bitcoin Bottom

Standard Chartered analyst Geoff Kendrick on Friday told clients that he believes crypto asset prices have seen the low in the current cycle and he is looking for confirmation in three indicators: Strategy’s reporting that it bought more Bitcoin last week; crypto exchange-traded funds (ETF) saw positive inflows on Friday; and, oil prices continue to…

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