The company’s Q3 report shows that it added 8,957 Bitcoin, taking its haul to 114,042 Bitcoin as of Sept.
The bullish trend in the crypto sector seems to have increased the demand for employees with experience in crypto or blockchain.
The price action of the past few days has formed a bullish flag pattern that will complete on a break and close above the resistance line.
The rising moving averages and the relative strength index in the positive zone indicate advantage to bulls.
The upsloping 20-day EMA and the RSI in the positive territory indicate that bulls are in command.
Contrary to this assumption, if the price fails to sustain above $4,375, it will suggest that demand dries up at higher levels.
The 20-day EMA is sloping up and the RSI is in the positive zone, indicating that buyers are in control.
On the contrary, if the price fails to sustain above $518.90, it will suggest that traders are booking profits at higher levels.
If the price turns down from the current level or the overhead resistance, the pair may consolidate between $171.47 and $218.93 for a few days.
If they succeed, the XRP/USDT pair could rally to $1.24 where the bears are expected to mount a stiff resistance.
The bears may pose a stiff challenge at the all-time high at $49.54 but if this level is crossed, the pair may reach the pattern target at $62.59.
Contrary to this assumption, if the price turns down from the overhead resistance, it will suggest that bears continue to sell on rallies.