XRP, the native cryptocurrency to the Ripple protocol, has struggled throughout the bear market. The number three crypto by market cap has lagged behind most other altcoins in recovering from the most extreme lows.That all soon could change, after last night’s weekly close may have confirmed downtrend resistance as support. It also may confirm a…
Ripple declined heavily from well above the $0.2200 resistance against the US Dollar. XRP is currently recovering, but upsides are likely to remain capped near $0.2080 and $0.2100.Ripple is trading in a bearish zone below the $0.2000 pivot level against the US dollar.The price traded as low as $0.1872 and it is currently correcting higher.There…
Ripple is trading in a broad range above the $0.2100 support against the US Dollar. XRP declined below a key support versus bitcoin and it is now at a risk of a sharp decline vs USD.Ripple is facing hurdles near the $0.2200 and $0.2220 resistance levels against the US dollar.It seems like the price is…
Ripple is currently consolidating above the $0.2100 support against the US Dollar. XRP price is showing bearish signs, but it could start a fresh increase as long as it is above the 100 SMA (H4).Ripple price is currently struggling to stay above the $0.2100 support against the US dollar.The price is facing a couple of…
Ripple is facing a couple of hurdles near $0.2220 against the US Dollar. XRP is likely to accelerate higher above $0.2220 unless the bulls lose control and the price drops below $0.2080.Ripple price is currently approaching the $0.2200 and $0.2220 resistance levels against the US dollar.It seems like a strong support base is forming near…
Ripple’s native token XRP is facing serious risks of plunging as a string of negative fundamentals attacks buying sentiment.A Puerto Rico-based firm has filed a lawsuit against Ripple and its CEO, alleging security frauds. Meanwhile, disgruntled co-founder Jed McCaleb is reportedly dumping 400,000 XRP units every month.The XRP/USD exchange rate is holding its yearly gains…
Ripple retested the $0.2080 support level against the US Dollar. XRP price is currently rising and it is likely to gain bullish momentum towards $0.2350 unless it breaks the $0.2000 support.Ripple price is trading in a positive zone above the $0.2120 and $0.2080 supports against the US dollar.The bulls are currently attempting an upside break…
XRP may have rallied over 100% from its recent local bottom following Black Thursday and 20% within the last ten days alone, but last night’s weekly close could have deadly implications for the number three crypto asset by market cap.Ripple’s Over 100% Rebound From Black Thursday LowsAfter maintaining the title of the worst-performing asset in…
Ripple failed to stay above the $0.2200 support and declined recently against the US Dollar. XRP price is showing bearish signs and it could continue to dive towards $0.2000.Ripple price topped near the $0.2269 level and declined recently against the US dollar.It is now trading well below the $0.2200 pivot level and the 100 hourly…
XRP holders breathed a collective sigh of relief as Ripple continues to pause sales of its native token. This equates to a total of six months in which the firm has not benefitted from “XRP dumping.”The issue first gained traction around the end of 2019. Back then XRP investors claimed that “XRP dumping” (or “programmatic…