Flash crash: XRP, Litecoin [LTC], Tron [TRX], Cardano [ADA] dragged by the bear to the death zone


As the sudden fallback of all the top-10 cryptocurrencies strikes the board, all the big coins, namely, XRP, Litecoin [LTC], Tron [TRX], Cardano [ADA] experienced the worst jerk in weeks and are currently painted red, knocked down by the deadly bear.

Litecoin, the seventh largest cryptocurrency dropped by 4.69% within an hour. At the time writing, LTC was trading at a deprecated price of $48.89 with a market cap of $2.8 billion and a 24-hour trading volume of $340.3 million.

LTCUSD 1-hour candlesticks | Source: tradingview

LTCUSD 1-hour candlesticks | Source: tradingview

Tron, the popular coin that sits on the eleventh position on CoinMarketCap is also ahead in the losing game, currently down by close to 4%. At press time, TRX was trading at $0.022 with a market cap of $1.44 billion. The 24-hour trading volume is recorded at $70.8 million.

TRXUSD 1-hour candlesticks | Source: tradingview

TRXUSD 1-hour candlesticks | Source: tradingview

On the other hand, XRP that has piqued investor interest in its market with the recent launches and adoption has also crashed by 4%. It is currently trading at $0.438 with a market cap of $17.6 and a 24-hour trading volume of $314.4 million.

XRPUSD 1-hour candlesticks | Source: tradingview

XRPUSD 1-hour candlesticks | Source: tradingview

The ninth largest cryptocurrency, Cardano [ADA], which is also the native token of the blockchain firm, IOHK has taken a severe injury of 3.29% in the past hour. The current trading price of the ADA token is $0.069 with a market cap of $1.79 billion. Its total trading volume in the last 24-hour is observed to be $16.1 million.

ADAUSD 1-hour candlesticks | Source: tradingview

ADAUSD 1-hour candlesticks | Source: tradingview


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Priyamvada Singh


Priyamvada is a full-time journalist at AMBCrypto. A graduate in Journalism & Communication from Manipal University, she believes blockchain technology to be a revolutionary tool in advancing the future. Currently, she holds no value in cryptocurrencies.






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