Crypto markets climb slowly higher, XRP surging, Bitcoin Cash and IOTA doing well, Tron and NEM fall back. Crypto markets have continued a slow recovery process again today but one or two of the majors are showing a little more momentum. Total market capitalization has nudged above $115 billion but progress is far slower going…
Earlier this week, the crypto markets experienced a bloodbath that was the direct result of Bitcoin failing to hold above its support level that existed around $3,550. Bitcoin’s ensuing drop led most cryptocurrencies to plunge 10% or more, from which many of them have since recovered. Ripple (XRP) is currently leading the markets, but most…
Ripple price surge 10 percent SWIFT GPI Link proof of concept with R3’s Corda Transactional volumes picking up, spikes above averages SBI Holdings may be behind an audacious plan of integrating SWIFT GPI with RippleNet via R3’s Corda Settler. The latter use XRP, and if that is the case, our previous XRP/USD trade assertions will…
SWIFT, the global messaging system to settle cross border payments, today announced that it would integrate R3’s open source blockchain solution at a proof-of-concept stage. “Later today we are announcing integration with R3,” confirmed SWIFT’s CEO Gottfried Leibbrandt during the Paris Fintech Forum. He added that the trial would see the interaction of SWIFT’s payments standard…
Ripple price remained below the $0.2900 and $0.2950 resistance levels against the US dollar. There are two bearish trend lines in place with resistance near $0.2900 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains at a risk of more losses as long as it is trading below the$0.2900…
Ripple price down $1 billion in 24 hours The aim is to replace SWIFT and dominate the cross-border fund transfer space Transaction volumes low as XRP prices correct The truth is, Ripple has a long way to go, and as XRP prices correct, retesting Dec 2018 lows of 30 cents, we remain net bullish. Ideally,…
Ripple price declined recently and broke the $0.3100 and $0.3070 supports against the US dollar. There is a major bearish trend line in place with resistance at $0.3030 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains at a risk of more losses below the $0.3000 support area in…
Ripple prices consolidating inside Jan 22 high low Messari’s report place XRP market cap on the lens Transactional volumes low averaging 14 million An analytic firm is questioning XRP’s market cap. Arguing that its market cap is inflated, Messari is now calling for indices to revise their XRP circulating supply assumptions. Meanwhile, our last XRP…
XRP price stable and ranging Brad Garlinghouse says XRP and Ripple solutions fundamentally rewiring Transaction volumes low—reasons for a ranging market Fundamentals and technical candlestick arrangements support XRP. However, for a bull trigger, XRP prices must rally past 34 cents at the back of high transactional volumes. Catalyzing this demand should be positive fundamentals. XRP…
Ripple price spiked above the $0.3210 level recently and later dipped below $0.3150 against the US dollar. There is a declining channel in place with support at $0.3130 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could dip below the $0.3130 support before it may bounce back above $0.3160…