XRP primed for a 74% move as the key technical pattern matures

Ripple 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.

Bitcoin Drops To $54K

Bitcoin 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.

Twitter CEO Jack Dorsey sells NFT of the first-ever tweet for $2.9 million

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.”

ETH Continues Consolidation Around $1,800

Ethereum 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. As we have seen the prices of altcoin get down when Bitcoin drops, it may have affected the ETH price as well.

Cardano Turning Down Dapps Due to Sheer Volume of Applications

Replying to remarks over the lack of Dapps running on Cardano, 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.

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