Ripple price started an upside correction after trading to a new monthly low at $0.2897 against the US dollar. The price is trading above the $0.3000 level, with a few positive signs. There was a break above a crucial bearish trend line with resistance near $0.2990 on the hourly chart of the XRP/USD pair (data…
An announcement earlier in the year that Binance would be shutting out US-based investors instead ushering them to a US-based exchange that was sans the majority of the altcoins the exchange is known for, caused crypto investors to panic, wondering where they’d trade their Bitcoin and Ethereum moving forward. Today, the crypto exchange shed some…
San Francisco based fintech firm Ripple is reportedly working on a number of potential investments and acquisitions following its acquisition of MoneyGram. Meanwhile its native token, XRP, continues to slide in an altcoin avalanche that is starting to gather pace. Ripple Eyeing New Investments According to a report by Yahoo Finance, Ripple boss Brad Garlinghouse…
Ripple price remained in a bearish zone below the $0.3150 and $0.3180 resistances against the US dollar. The price is consolidating above the $0.3065 and $0.3080 support levels. There is a major bearish trend line forming with resistance near $0.3160 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is…
Ripple price traded higher recently above the $0.3250 resistance level against the US dollar. The price topped near the $0.3320 resistance and recently declined heavily below $0.3200. There is a connecting bullish trend line forming with support near $0.3160 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could either…
Ripple price is holding the $0.3140 support area, but struggling to gain traction against the US dollar. The price is facing a strong resistance near the $0.3200 and $0.3220 levels. There is a key bullish trend line forming with support near $0.3140 on the hourly chart of the XRP/USD pair (data source from Kraken). The…
Ripple price is forming a solid support above the $0.3050 level against the US dollar. The price is currently climbing higher and it recently tested the $0.3220 resistance area. There is a connecting bullish trend line forming with support near $0.3140 on the hourly chart of the XRP/USD pair (data source from Kraken). The price…
Ripple price retested the $0.3030 support level and recently corrected higher against the US dollar. The price seems to be trading in a range with a strong resistance near the $0.3140 level. There is an expanding triangle forming with resistance near $0.3145 on the hourly chart of the XRP/USD pair (data source from Kraken). The…
Ripple price remained supported above $0.3030 and climbed higher against the US dollar. The price broke the key $0.3150 resistance to move into a positive zone and start a recovery. Yesterday’s highlighted major declining channel was breached with resistance near $0.3100 on the hourly chart of the XRP/USD pair (data source from Kraken). The price…
With so much negativity suddenly in the crypto market following increased regulatory concerns surrounding Bitcoin, Facebook Libra, and the rest of the asset class, the sell pressure and fear has caused altcoins to capitulate and even Bitcoin to begin to crash. Altcoins are not only dropping to new lows in USD value, but their BTC…