Ripple prices sliding, down 10.3 percent Remittance services in demand Resona Bank may have disassociated themselves with RippleNet and Money Tap, but the need for remittance service is big, Ripple Inc official has revealed. With Ripple as one of the leading firms offering innovative solutions, XRP may be underpriced. Ripple Price Analysis Fundamentals That the…
Ripple price declined heavily after it broke the key $0.3500 support area against the US dollar. The price broke many supports on the way down such as $0.3440, $0.3350 and even $0.3250. There is a short term bearish trend line formed with resistance near $0.3260 on the hourly chart of the XRP/USD pair (data source…
Ripple price seems to be struggling near the $0.3600 and $0.3700 resistance levels against the US dollar. The price is likely to break the $0.3480 support area and decline further in the near term. There is a key bearish trend line formed with resistance near $0.3600 on the hourly chart of the XRP/USD pair (data…
Crypto bulls have been dominating the price action as of late, with many altcoins posting 100% or more gains since they reached their bear market bottoms. It’s caused many traders and analysts to agree that an alt season has been upon us. However, a massive Bitcoin rally halted alt season in its tracks, but it’s…
Ripple price declined recently, but it managed to stay above the $0.3480 support against the US dollar. The price must stay above the $0.3480 support to avoid a downside break in the near term. There are a couple of short term bearish trend lines in place with resistance near $0.3595 on the hourly chart of…
Ripple prices slide 2.5 percent Volumes drop reflects low prices Although centralized exchanges play a role, it should be a worry if they become too big to fail because if they do, then it will pull down the market with it. Meanwhile, sellers are back, and Ripple (XRP) may drop to 34 cents or lower…
Ripple price is trading in a positive zone above the $0.3500 support area against the US dollar. Bitcoin and Ethereum climbed higher recently above the $5,200 and $180 levels respectively. There was a break above a short-term contracting triangle with resistance near $0.3620 on the hourly chart of the XRP/USD pair (data source from Kraken).…
Ripple prices up 16.3 percent InterLedger Protocol (ILP) is a game changer. The team behind InterLedger Protocol (ILP) are not slowing down, and now that we have a fiat connector, it’s only a matter of time before the benefits of a real Internet of Value begins to permeate. With optimism around interoperability, we expect Ripple…
The crypto markets have continued to surge today, maintaining the upwards momentum that was first sparked when Bitcoin began to skyrocket from lows of $4,000. Today’s surge has led many cryptocurrencies to climb 3% or more, with some surging over 10%. Although today’s upwards momentum is certainly bullish, whether or not individual cryptos are able…
Ripple prices trending within a bull breakout after closing above 34 cents Banks are hesitant to adopt xRapid and instead use xCurrent No doubt, Ripple Inc is proposing a novel and livelihood lifting idea that stands to shape remittance. However, with incumbents holding their ground, revamping their systems and plugging leakages, Ripple has much ground…