XRP’s poor performance throughout 2019 has left a sour taste in the mouths of investors, with many attributing its over 40% year-to-date decline to Ripple’s quarterly token sales. In spite of this, the crypto has been off to a great start in 2020, and its technical situation appears to be growing even stronger.It is important…
XRP has been rallying throughout the last week, pushing through downtrend resistance and is potentially ready to reclaim former highs.The first step in an attempt at breaking above recent bear market rally highs is recapturing the 200-day moving average – a feat that XRP just achieved after the latest pump above.XRP Recaptures 200-Day Moving Average…
As Bitcoin has flatlined in the past 24 hours, XRP has exploded. Per data from CoinMarketCap, the third-largest digital asset by market capitalization is up 10% in the past 24 hours, rallying from $0.25 to just shy of $0.28 as of the time of writing this.The cryptocurrency just last hour briefly moved above the $0.28…
Ripple stared a strong rise from the $0.2460 support area against the US Dollar. XRP price rallied around 8% and it seems like it could soon climb towards $0.3000.Ripple price is up around 8% and it broke the $0.2700 resistance area against the US dollar.The price traded to a new 2020 high at $0.2760 and…
XRP is the talk of the crypto space today, after rallying over 7% in a matter of minutes towards a high of 27 cents per XRP token.The surge is the result of a breakout on both the XRP/USD and XRP/BTC trading pairs, indicating that Ripple will so rally against the dollar and Bitcoin itself.XRP Breaches…
Ever since the clock first struck midnight turning into the new year, altcoins like XRP, Ethereum, Litecoin, and many others have been tearing up the price charts and going on massive price rallies.But those rallies have now triggered a sequence of candlesticks that according to a world-renowned market analyst typically result in a reversal and…
On January 23rd, leading Bitcoin derivatives exchange BitMEX revealed its intent to launch a new financial product for XRP. In a blog post, the company said that this product would be a “Ripple USD quanto swap,” which will allow traders to leverage trade the cryptocurrency with leverage of up to 50x.According to a recent Twitter update…
Ripple found support near the $0.2460 area and climbed higher against the US Dollar. XRP price surpassed the key $0.2500 resistance to open the doors for more upsides.Ripple price is showing positive signs above $0.2500 and $0.2520 against the US dollar.The price bounced back nicely after testing an important support area near $0.2450-$0.2460.There was a…
Ripple gained recently and broke the $0.2450 and $0.2500 resistance levels against the US Dollar. XRP price is currently correcting, but it is likely to continue higher towards $0.3000.Ripple price climbed higher and traded to a new monthly high at $0.2616 against the US dollar.The price is currently correcting lower, but dips remain supported near…
Like it or not, XRP hasn’t fared too well over the past few years. Since its blow-off top in January of 2018, during which the cryptocurrency traded above $3.00, the price of XRP has crashed, falling to $0.24 where it is now and as low as $0.17. That represents an over 90% drop from the…