{"id":6686,"date":"2021-03-23T06:57:03","date_gmt":"2021-03-23T06:57:03","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/?p=6686"},"modified":"2021-03-23T06:57:53","modified_gmt":"2021-03-23T06:57:53","slug":"xrp-primed-74-bitcoin-drops-buyucoin","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/xrp-primed-74-bitcoin-drops-buyucoin\/","title":{"rendered":"March 23 Daily report: XRP primed for a 74% move, Bitcoin Drops To $54K, Jack Dorsey sells NFT of the first-ever tweet for $2.9 million, ETH Continues Consolidation Around $1,800"},"content":{"rendered":"\n

XRP primed for a 74% move as the key technical pattern matures<\/strong><\/h2>\n\n\n\n

Ripple<\/a> <\/em><\/strong>is nurturing an uptrend aiming for new yearly highs. This upward movement appeared after the cross-border token overcame the stubborn resistance at $0.5. Meanwhile, XRP is doddering at $0.57 amid the persistent push by the bulls to overcome the near-term hurdle at $0.6.<\/p>\n\n\n\n

Bitcoin Drops To $54K<\/strong><\/h2>\n\n\n\n

Bitcoin<\/a> <\/em><\/strong>price extended its decline below the $55,500 support zone against the US Dollar. BTC is currently recovering, but it is likely to struggle near $55,500 and $56,450. There was no clear upside break in bitcoin above the $58,000 resistance zone. As a result, Bitcoin drops to $56,450, a support zone to move into a bearish zone.<\/p>\n\n\n\n

Twitter CEO Jack Dorsey sells NFT of the first-ever tweet for $2.9 million<\/strong><\/h2>\n\n\n\n

Twitter CEO Jack Dorsey has sold a non-fungible token (NFT) of the first-ever published tweet for $2.9 million to an investor who goes by the name @sinaEstavi. Earlier this month, Dorsey minted the tweet using Cent, an Ethereum-based service that allows users to mint, sell and bid on NFTs of tweets. Dorsey’s message, which he sent March 21, 2006, reads “just setting up my twttr.”<\/p>\n\n\n\n

ETH Continues Consolidation Around $1,800<\/strong><\/h2>\n\n\n\n

Ethereum<\/a> <\/em><\/strong>is down by around 5% over the past week as it trades within a range between $1875 and $1750. Against Bitcoin, ETH rebounded from 0.0305 BTC. Ethereum was trading well after rebounding from support at $1425 at the beginning of the month. It pushed higher to create a new March high at $1950 but could not continue further.\u00a0As we have seen the prices of altcoin get down when Bitcoin drops, it may have affected the ETH price as well.<\/p>\n\n\n\n

Cardano Turning Down Dapps Due to Sheer Volume of Applications<\/strong><\/h2>\n\n\n\n

Replying to remarks over the lack of Dapps running on Cardano<\/em><\/strong><\/a>, IOHK CEO Charles Hoskinson responded by saying demand is so high his firm cannot handle the applications flooding in. In many cases, as a strategy to cope with the demand, applications are being rejected.<\/p>\n\n\n\n

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