Australian users of the crypto exchange Bitstamp will now be able to deposit US dollars to their account instantly using a Ripple-powered money transfer service called Flash FX. Transfers to the long-running trading venue would previously take days. Flash FX uses Ripple Labs’s instant global settlement service, On-Demand Liquidity. The service makes the digital asset…
Ripple price is holding a couple of important supports near $0.2180 and $0.2150 against the US dollar. The price is currently facing resistance near the $0.2260 and $0.2300 levels. There is a major bearish trend line forming with resistance near $0.2260 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair…
Ripple price is trading above a couple of important supports near $0.2200 against the US dollar. The price is facing a major hurdle near the $0.2280 and $0.2350 resistance levels. Yesterday’s highlighted major ascending channel is intact with support near $0.2230 on the hourly chart of the XRP/USD pair (data source from Kraken). The bulls…
Ripple price is trading nicely above the $0.2200 and $0.2180 support levels against the US dollar. The price is likely to accelerate gains if it breaks the $0.2300 resistance area. There is a new connecting bullish trend line forming with support near $0.2190 on the hourly chart of the XRP/USD pair (data source from Kraken).…
Ripple price is currently correcting from the new monthly low of $0.2005 against the US dollar. The price might correct further higher, but the $0.2270 resistance is a crucial hurdle for buyers. There is a major bearish trend line forming with resistance near $0.2205 on the hourly chart of the XRP/USD pair (data source from…
San Francisco-based Ripple Labs has just completed a $50 million investment in MoneyGram. The funds will help support the use of On-Demand Liquidity, a global payments product that uses XRP. Ripple first committed to the investment in June of this year. It now owns almost 10 percent of the company’s outstanding common stock. Ripple’s $50…
The crypto market this morning is a sea of red, following a massive breakdown by the leading cryptocurrency by market cap, Bitcoin. The market leader breaking down has led to as much as 10% declines across the board in most altcoins, including Ethereum, EOS, Binance Coin, and many others. Is this time to buy the…
Ripple price is currently struggling to surpass the $0.2560 and $0.2600 levels against the US dollar. The price is likely to decline unless there is a clear break above the $0.2600 resistance. This week’s major bearish trend line is active with resistance near $0.2575 on the hourly chart of the XRP/USD pair (data source from…
Each year, the annual Ripple-hosted Swell conference causes a strong XRP price pump leading up to the event, but the asset typically corrects in a post-event sell-off back to normal price ranges. This year, the pump was underwhelming, and according to one crypto analyst, has amounted to nothing more than a bearish retest that was…
Ripple price is currently correcting higher and is trading above $0.2520 against the US dollar. The price seems to be approaching a major resistance area near the $0.2600 level. This week’s crucial bearish trend line is intact with resistance near $0.2600 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum is…