Get started

Stablecoin

XRP Weekly, Time to Moon!No Just Kidding. XRP and Ripple technology is primarily used in banking and money transfers. Banking does not want volatility here. XRP needs to maintain slow steady gains, and tries to stay as stable as possible. When everyone was looking for "the next bitcoin" and flooded the xrp market with speculation, sure it pumped well and a few people made out while dumping it on their cult followers. It's be consolidating back to it's ideal range between 30 and 50 cents ever since. It's important to know company fundamentals and purposes of the coin before throwing money at it. Plenty of alts worth getting into for currency speculation. Take that $100 and put it in bitcoin. Even if you bought every week since the top, you'd be in a better position. Any way, this is not financial advise, this is for entertainment purposes only.
KRAKEN:XRPUSD
by MakeAManOuttaU
Are Stablecoins Fanning the Flames of the Crypto Fire Sale? Cryptocurrency markets are sustaining a harsh sell-off that began on November 14th, 2018 and have continued since. Could stablecoins be exacerbating the cryptocurrency sell-off? Stablecoin holdings are liquid and relatively safe alternative to holding cryptocurrencies amid a bear market without leaving the asset class in favor of fiat holdings. Amid this past week’s cryptocurrency sell-offs, stablecoin volumes surged, indicating that investors rotated into stablecoin holdings in favor of falling cryptocurrencies -- this has worked to intensify the cryptocurrency sell-offs relative to historical market downturns. Investors that continue to hold stablecoins are likely waiting for a re-entry point. Had these investors sold cryptocurrencies in exchange for fiat currencies, the possibility would remain that they will not re-invest in cryptocurrencies. As cryptocurrency prices continue to search for support levels, stablecoin holders may soon sell in favor of attractive cryptocurrency prices relative to 2018’s historical levels. Once this trend begins, it is possible that cryptocurrency prices may strongly rebound.
POLONIEX:USDTUSD
by Quantamize
TUSD/USDT: TrueUSD short-lived pump coming to an endBINANCE:TUSDUSDT Chart shows an over-extended rally peaking to a ridiculous $1.24 for TrueUSD against Tether. RSI on the Daily chart is still overbought at 85 with an RSI double top appearing on the 4 and 6-hour. TD Sequential on the 4-hour showing a 9, so expect a 1-4 candle correction, at minimum. Major support between $1.03 and $1.04 will be the key level to watch to determine further. Given this is one of the first stable coin pairings in existence, this is an epic fail to put it lightly.
Short
by dragononcrypto
Tether (USDT): Oversold and finding supportAnalyzing the Tether Price from Kracken, where according to cryptocompare , 90% of the volume derives from. The stable coin everyone's talking about that dropped 15% against USD. Will it tether back to $1? Tether is finding support at the early 2018 levels of $0.94. It is currently 4.6% away from it's $1 value. Daily TD Sequential is on a 9, hinting a reversal is due, with RSI deeply ovesold at 18-month record low of 7.5. 2% stop loss is set below the daily low of $0.9428. If it falls below it's daily low, it's in big trouble.
KRAKEN:USDTUSDLong
by dragononcrypto