Bitcoin, Titan and Ripple – European Wrap 17 June

Bitcoin price rose from the range low to nearly tagging the swing high this week. However, the impulsive move reversed and is now heading toward the midway point. Ethereum and Ripple are following in BTC’s footsteps and are expected to head lower.

 

The fallout of TITAN token tracks back to Iron Finance and its multi-chain, partially collateralized stablecoin – IRON. While the mishap cost investors millions of dollars, the team has yet to comment on what transpired.

 

IRON price chart

XRP price has continued to print lower highs following the top signal recorded on May 18. Ripple price action has lacked conviction and is met with indecision as the asset appears to be trading within a bearish pattern. 

XRP/USDt 12-hour chart

 

 

 

 

This news is republished from another source. You can check the original article here

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