Ripple price declined heavily after it broke the $0.3000 support area against the US dollar. The price broke the $0.2920 and $0.2850 support levels, and traded close to $0.2800. Yesterday’s highlighted key bearish trend line is intact with resistance at $0.2980 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair…
Ripple (XRP) recover after Apr-24 hammering Bitstamp reminds users of Ripple’s decentralization strategy Critics claim Ripple (XRP) is nothing more than an “airdrop” whose absence wouldn’t affect operations. However, XRP proves to be useful for speed, and after Cobalt, firms using xRapid will enjoy settlement times of one second. Price wise and XRP bulls are…
Ripple price declined further below the $0.3040 and $0.3000 support levels against the US dollar. The price remained in a bearish zone below $0.3200 as discussed in yesterday’s analysis. There is a major bearish trend line in place with resistance at $0.3060 on the hourly chart of the XRP/USD pair (data source from Kraken). The…
Ripple (XRP) range bound, 34 cents immediate resistance IBM Hyperledger Fabric and World Wire offer stiff competition All in all, Ripple Inc haven been prosperous in their promotions. Banks in the Middle East, SE Asia, and India are using their solutions. Despite that, Ripple (XRP) prices are stagnant and stuck within a 4 cents range.…
Ripple price corrected lower recently and tested the $0.3175 level against the US dollar. The price bounced back and traded above the $0.3200 and $0.3220 resistance levels. There was a break above a key bearish trend line with resistance near $0.3220 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair…
The past several weeks have been overwhelmingly positive for the crypto markets, with Bitcoin finding its footing in the lower-$5,000 region and many altcoins putting a significant amount of distance between their current prices and their 2018 lows. Despite this, Ripple (XRP) has been one of the few cryptos that has not incurred any massive…
Ripple (XRP) prices stabilize above 30 cents Adoption will propel XRP prices above the current range Wind is an advocate of Ripple, and his company is one of the many funded by Xpring. If there is adoption, XRP prices would likely edge higher as demand for the third most valuable coin spike. Ripple Price Analysis…
Crypto markets keep climbing; XRP is finally awake, Tezos is flying and Augur is on Coinbase. Crypto markets are still buoyant today as momentum has crept up for the best part of the week. Total capitalization is approaching $180 billion again as Bitcoin and brethren hold on to recent gains and retest resistance levels. Bitcoin…
Ripple price failed near the $0.3370 level and declined below the $0.3250 support against the US dollar. The price traded to a new weekly low at $0.3134 and remains at a risk of more losses in the short term. There is a major bearish trend line formed with resistance near $0.3285 on the hourly chart…
Ripple prices in range mode above 30 cents Coil, InterLedger Protocol and Puma browser to integrate At third, Ripple (XRP) is underperforming and back to a trade-range with caps at 34 cents. Regardless, there has been a lot of integration news which is yet to be factored, meaning the coin is undervalued and would likely…