Ripple Price Prediction: XRP/USD Is Back Inside the Previous Range As the Bulls Defend $0.20 Support

XRP Price Prediction – June 3

The Ripple (XRP) remains range-bound but can this latest bullish momentum break above the channel?

XRP/USD Market

Key Levels:

Resistance levels: $0.230, $0.240, $0.250

Support levels: $0.180, $0.170, $0.160

XRPUSD – Daily Chart

At the moment, XRP/USD is trading above the 9-day and 21-day moving averages with a small 1.5% price increase over the past 24 hours of trading as it reaches $0.204. The coin has been bouncing around within a range between $0.24 and $0.228 for the past few weeks of trading. Yesterday, XRP/USD did surge as high as $0.214 but a break out of this triangle could spark a bullish run for the coin and a push beneath the channel could spell disaster for the Ripple.

However, the price is struggling to continue above $0.204. It is currently trading within the symmetric triangle with the support near $0.200. If the price fails … Read more

Bitcoin Price Prediction: BTC/USD Stabilizes Above $9,500 As The Bulls Struggling To Conquer $9,800

Bitcoin (BTC) Price Prediction – June 1

Bitcoin bulls are working hard to nurture a bullish trend from the support at $9,400.

BTC/USD Long-term Trend: Bullish (Daily Chart)

Key levels:

Resistance Levels: $10,800, $11,000, $11,200

Support Levels: $8,300, $8,100, $7,900

BTCUSD – Daily Chart

Bitcoin is currently trading 1.46% higher on the day. BTC/USD opened the session at $9,415 and now adjusting upwards to the prevailing market value of $9,584. The first digital coin is moving within the short-term bullish trend amid low volatility. The current conditions imply that the price may stay range-bound during the next trading hours as the coin moves above 9-day and 21-day moving averages. Meanwhile, the technical indicator stochastic RSI may start moving sideways.

At the opening of the market today, after testing the low of $9,415, BTC/USD is currently trading at $9,584. Meanwhile, looking at the market movement, there is likely that the market … Read more

How to Paint an Aluminum Boat

Aluminum fishing boats and pontoon boats provide an affordable, fun way to explore the water. Records show 118,433 aluminum boats were registered in 2017 alone, and sales of aluminum boats have grown steadily since 2015, according to boating-industry publication “Trade Only Today.”[i]

Proper is a key way to make sure you can get ample enjoyment and use from it for years to come. To keep your aluminum boat in top condition, follow these tips for cleaning, polishing and painting.

1. Clean and prepare your boat for paint

Prior to polishing and painting your boat make sure the surface is clean. Wondering how to clean an aluminum boat? Here are the steps to follow:

Dry dock your boat

Pull your boat out of the water and prep a work area in a garage or a place where you have plenty of space. This should be an area that can get … Read more

China Merchants Port Signs Blockchain-Related Deal with Alibaba

Alibaba Group, the massive China-based e-commerce giant, has reached a deal on the 28th of May, 2020, with its affiliate, Ant Financial, and China Merchants Port, the biggest port operator in China. This deal will allow for the development of a platform based on a blockchain network, which will then be used in a variety of different use cases.

Pushing For Advancements In Networks

Through coverage from a local media outlet, the platform was explained to allow its logistic companies, buyers, sellers, customs, banks, and tax officials to conduct imports and exports through contactless digital transactions.

The companies themselves will push for an in-depth integration of blockchain technology within the port industry at large. The overarching goal in this move, is to become the world’s first digital port with a blockchain-based, open collaboration network.

Aiming To Spread Data Across Whole Supply Chain

The report went into detail, stating that … Read more

BitBuy to Offer 1:1 Insurance on Deposited Bitcoin

BitBuy, a cryptocurrency exchange based in Toronto, will be offering complete insurance on all Bitcoin deposits, CoinTelegraph has reported on.

According to a press release shared with the publication, this insurance will be held in cold storage and is doable thanks to the group’s partnership with Bitcoin custody provider Knox.

Speaking on the matter is Alex Daskalov, the CEO of Knox, who had said:

“The funds that Bitbuy are transferring into our custody system are insured for the full value of the holdings, and this is effective immediately.”

As is always the case with cryptocurrency, the more security, the better. That said, this security shouldn’t be complex. Knox knows this, and is reliably building a space for users to store their assets.

Dean Skurka, the head of finance and compliance at the group, says:

“Knox has never lost Bitcoin, and this is an event with an especially low expectation. … Read more