Ripple extended its decline and broke the key $0.2270 support against the US Dollar, similar to bitcoin below $8,500. XRP price is now at a risk of more losses towards $0.2050 or $0.2000.Ripple price is gaining bearish momentum and it is now well below $0.2300 against the US dollar.The price is trading near the $0.2200…
XRP – the cryptocurrency with close ties to fintech company Ripple – had a rough 2019, posting yearly losses of over 40% that came about in tandem with a general rise seen by Bitcoin and other cryptocurrencies.Many analysts and investors alike had pinned the crypto’s bearishness on Ripple’s quarterly token sales, which appeared to have…
Ripple failed to surpass the $0.2400 resistance area against the US Dollar, similar to bitcoin near $8,800. XRP price is currently declining and it seems vulnerable to a drop below $0.2300 and $0.2240.Ripple price is clearly struggling to gain strength above $0.2400 and $0.2420 against the US dollar.The price is facing an increase in selling…
Ripple is currently recovering above $0.2325 against the US Dollar and bitcoin is trading above $8,700. XRP price is likely to surge towards $0.2500 or $0.2600 once it clears the $0.2400-$0.2420 resistance.Ripple price is showing a few positive signs above the $0.2320 area against the US dollar.The bulls seem to be facing a couple of…
Much like many other crypto assets, XRP has been on a tear over the past month. Below is a chart from TradingView which shows that the cryptocurrency, third-largest by market capitalization, has gained 36% against the U.S. dollar since bottoming at $0.173 in the middle of December.In spite of this surge, which some say has…
Ripple tested the key $0.2240 support area and recovered against the US Dollar, similar to bitcoin. XRP price is showing positive signs and it could rally to $0.2550 if it breaks $0.2420.Ripple price is recovering nicely from the $0.2240 support area against the US dollar.A key inverse head and shoulders is likely forming with support…
XRP has plunged by circa 11 percent after registering superficial gains in the past 30 days.The Ripple’s native cryptocurrency established an intraday low of $0.224 on Monday as traders preferred to exit their long position on small profits. So it appears, the downside move was more a natural bearish correction, especially after XRP’s monstrous price…
Ripple extended its rise above the $0.2450 resistance against the US Dollar, similar to bitcoin above $8,800. XRP price topped near the $0.2540 area and recently corrected lower.Ripple price is down more than 6% and broke the $0.2400 support against the US dollar.The price is now trading below $0.2350, but there are many key supports…
Overnight, Bitcoin faced a firm rejection after attempting to garner significantly further upwards momentum. This instantly led major altcoins like XRP and Ethereum to drop in tandem, shinning a light on some potential underlying weakness within the crypto markets.It is important to note that while the latest downwards movement by many altcoins may simply be…
XRP is currently positioning itself to be the dark horse of 2020, as the embattled token is now setting itself up to see massive near-term upside, which comes mere weeks after it closed 2019 with YTD losses of over 40%.Analysts are now noting that the cryptocurrency is fast approaching a key resistance line, with a…