Cardano

Bitcoin

when

Coin

<ul class="news-points"> 
 <li>XRP and ADA contracts worth a combined 2.32 million were liquidated in the last 24 hours.</li> 
 <li>The XRP/USD chart showed a death cross, suggesting a decline to $0.46.</li> 
 <li>ADA experienced a lack of capital flow, prompting a prediction of $0.42.</li> 
</ul> 
Bitcoin’s (BTC) price decrease to $60,800 might have left <a href="https://coinedition.com/ripple-xrp-price-prediction/">Ripple (XRP)</a> and <a href="https://coinedition.com/cardano-ada-price-prediction/">Cardano (ADA)</a> on the brink of another plunge. According to Coinglass, the decline caused a total of $156 million in liquidations in the last 24 hours. 
Data showed that longs accounted for a large part of this wipeout. For XRP, there was a sum of $1.80 million in liquidations. ADA, on the other hand, recorded a total of $520,000 in money lost by traders.&nbsp; 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/RgvylDzN-6q_kt_DirREwaSYZk_ncV-x6lzELqKLpernggDowmFz523RqJ3yZvzFidHjGYZzGRIuWc5zRyPp4W4cncM98tw6zN_6QO_WXjDpEbEVgPYYPvNQqDogVDJ3zR2TYw07mONq-psHmHsfRkU" alt="">
</figure> 
Crypto Market Liquidation (Source: <a href="https://www.coinglass.com/LiquidationData" target="_blank" rel="nofollow">Coinglass</a>) 
At press time, XRP’s price was $0.50 after losing 2.41% of its value in the last 24 hours. Cardano dropped by 3.79% while its price was $0.44 as of this writing.&nbsp; 
<h3 class="wp-block-heading" id="h-xrp-price-analysis">XRP Price Analysis</h3> 
The 4-hour XRP/USD chart showed that the token had formed a symmetrical triangle with a peak at $0.55 and a crest of $0.51. For those unfamiliar, a symmetrical triangle pattern forms when the price of a token is forced to break down or break out after a period of…
The post <a href="https://coinedition.com/bitcoin-collapse-to-600000-leaves-xrp-ada-at-risk/">Bitcoin Collapse to $60,0000 Leaves XRP, ADA At Risk</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Bitcoin Collapse to $60,0000 Leaves XRP, ADA At Risk

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