Bitcoin (BTC) Price Analysis for February 4
A further decline remains the most likely scenario for most of the coins, according to CoinStats.BTC/USDThe rate of Bitcoin (BTC) has dropped by 4.62% since yesterday.On the hourly chart, the price of BTC is falling after breaking the local support at $74,141. If the daily bar closes far from that…
2,715,500,000 XRP: Key Metric Signals Pause on XRP Demand
XRP has continued to flash bearish signals as nearly all of its key metrics are moving in response to the broad pullback seen across the crypto market.While momentum has continued to fade, XRP traders are beginning to be cautious as data from on-chain analytics platform CryptoQuant shows that the…
XRP Price Analysis for February 4
Bulls are not strong enough to seize the initiative as the prices of most of the coins keep trading in the red zone, according to CoinStats.XRP/USDThe rate of XRP has declined by 2.24% over the last day.On the hourly chart, the price of XRP has made a false breakout of the local support at $1.5428…