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After consolidating for about a week after its initial burst of $0.19 to $0.29, the DOGE managed to turn the $0.29 resistance level into support and, in the middle of that, also broke the double bottom. There is nothing to stop the DOGE from moving up towards the $0.43 double-bottom target as the small immediate… Continue reading DOGE breaks $0.29 resistance to place double bottom, coming lunar times, says Kim Chua, PrimeXBT analyst

Last week, we started a major development in the Ripple-SEC process. On Wednesday, it was revealed that the court had granted Ripple’s request for international evidence. Brad Garlinghouse, the founder of Ripple, had recently filed a motion to obtain international evidence to seek information on various overseas exchanges. In particular, they requested information from Binance.com.… Continue reading PrimeXBT analyst: A new twist could quickly end Ripple’s demand and revive XRP

A significant event took place recently, but it went unnoticed by much of the cryptocurrency community as most investors focused on Bitcoin’s phenomenal recovery. This involved Ethereum (ETH) founder Vitalik Buterin and two Dogecoin (DOGE) developers Ross Nicoll and Oscar Guindzberg. The trio started a videoconference as confirmation that the much-requested DOGE-ETH bridge is already… Continue reading Kim Chua, Senior Analyst at PrimeXBT: DOGE-ETH Bridge Can Push ETH and DOGE to the Moon

The sharp pullback and the amount of time Bitcoin has spent looking weak has many traders worried that the current bull market has come to an end and that we are entering a bear market. While the recent short-term price trajectory looks bearish, two historical data tracing Bitcoin’s movement in past bull runs are suggesting… Continue reading Kim Chua, Senior Analyst at PrimeXBT: Two interesting historical metrics suggest the bitcoin rush isn’t over

Last week’s news focused on the sudden big drop in BTC and how long-term investors are seizing the opportunity to accumulate more BTC. However, no one seems to be talking about the second largest coin, ETH. Is it advisable to buy ETH at these levels? The increase in DeFi is the biggest contributor to the… Continue reading The market sell-off is a good opportunity to accumulate ETH while it is undervalued, says lead analyst PrimeXBT

As a customer-focused trading platform, PrimeXBT is always looking for new ways to improve the platform experience, design and offering across all possible trading instruments and much more. As such, it has recently added margin accounts that support multiple coins, so Bitcoin margin accounts for which the platform has won awards are not the only… Continue reading The exchange of coins between margin accounts is now possible with PrimeXBT’s new functionality

Ripple continues to develop its ecosystem as it announced a new development. This new development is likely to boost the XRP Ledger (XRPL) as a challenger for ETH and BSC in the smart contracts arena, and XRPL is planning to enable smart contracts in XRPL. David Schwartz, Ripple’s Chief Technology Officer (CTO) unveiled this resource… Continue reading Kim Chua, PrimeXBT Analyst: XRP Has More Reasons to Move Up When Ripple Proposed Smart Capacity Contracts for XRPL

XRP, which was once comfortably the third-largest cryptocurrency by market value, has been going through a rough patch thanks mainly to the SEC. However, the tides appear to be changing on this front as the case of the government agency fails. Obviously, this is good news for Ripple’s currency, which even faced big drawdowns. It… Continue reading August is gearing up for a strong XRP Rally, says Kim Chua PrimeXBT analyst