The post XRP and Litecoin (LTC) Hype Fizzles as This New Crypto Presale Takes Over the Market appeared on BitcoinEthereumNews.com.

The prices of both XRP and Litecoin (LTC) are increasingly volatile. XRP is struggling under key support levels despite a recent hype about XRP’s SEC lawsuit that saw the cross-border crypto surge 19%. Litecoin’s price, on the other hand, is showing some resilience with a positive trend, albeit a 30-day drop of 8%.  Meanwhile, Rollblock’s new crypto presale has brought overwhelming investor attention, raising over $2.2 million in weeks. At a price of $0.021 per RBLK token, early investors have already secured gains of over 100% on their RBLK holdings. RBLK is tipped to rally a further 880% before the presale closes. XRP holders have their hopes delayed as prices struggle to surge Excitement about a possible end to XRP‘s legal battle with the SEC over its status as a security brought about increased market activity that saw XRP’s price surge double-digits. The rally was, however, short-lived as XRP is now facing increased selling pressure from profit takers who have overwhelmed XRP’s ascent.  The recent struggles add to XRP’s price stagnation, which has lasted over the last year. Compared to its all-time high, the current price of XRP is down 83%. However, most holders are optimistic about a coming bull run, with 64% of XRP’s community showing optimism for the embattled cryptocurrency.  Litecoin shows resilience amid bearish concerns The latest prediction on Litecoin’s price shows signs of a possible 6% surge for Litecoin to reach a price of nearly $70. Despite an increase in Litecoin’s trading volume, Litecoin’s price has dropped some 8% over the last 30 days, adding to an annual decline of over 13%. LTC’s charts show that there is room for improvement, given that current prices are an 83.8% drop from LTC’s all-time high three years ago.  Litecoin’s utility is on the rise thanks to its network…

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Filed under: News - @ August 20, 2024 9:26 am