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XRP Price Predictions: Where Will the Crypto Go After Telegram-Fueled Rally? Can enthusiasts on Telegram successfully boost XRP prices to $1 or higher? By Sarah Smith, InvestorPlace Web Content Producer Feb 1, 2021, 8:05 am EDT February 23, 2021
Crypto enthusiasts are not wasting any chances to follow in the success of r/WallStreetBets. Over the weekend,
XRP (CCC:
XRP) erased all of its losses from the last month, soaring on the back of a coordinated rally. So where do XRP price predictions say the crypto goes next?
Source: Shutterstock
To start, investors should know that it has been a busy few days for the digital currency. Ripple, the company behind the crypto, took a stand on Friday. In a new filing, it responded to the U.S. Securities and Exchange Commission lawsuit it faces.
Jan 29, 2021 11:22 GMTFXStreet News
GBP/USD meets fresh supply as US dollar recovers further ground.
European vaccine row and Wall Street meme frenzy spook investors.
Focus shifts to the US macro news and sentiment around US stocks.
The buying interest around the US dollar remains unabated amid broad risk-aversion, knocking-off GBP/USD further towards the 1.3650 level.
The sell-off in the major gathers pace in the European session, as the equities shed nearly 1% due to concerns over the speculative trading seen on Wall Street stocks over the past few days.
Also, the risk sentiment remains sour amid the covid vaccine row between the UK and European Union (EU). The production delays in the vaccines have triggered a dispute between the UK, EU and drugmaker over sufficient supply of the jabs in the Old Continent.
Dec 17, 2020 10:12 GMTFXStreet News
DXY sell-off extends amid US stimulus optimism, boosts gold.
Dovish Fed also offers fresh zest to the XAU bulls.
All eyes on stimulus talks and US jobs data for fresh impetus.
Gold (XAU/USD) has quickly retraced from fresh monthly highs of $1883, although remains strongly bid amid persistent weakness in the US dollar across the board.
Progress on a potential US fiscal stimulus deal dented the US dollar’s safe-haven allure, bolstering gold’s big break above the $1850 level. Also, adding to gold’s upside is the Fed’s pledge to continue its bond purchase program until its inflation and employment objectives are achieved.