Ripple price recently gained bullish momentum above the $0.3650 resistance against the US dollar. There was a break above a key triangle with resistance at $0.3665 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair traded towards the $0.3840 level and it is currently correcting lower. Ripple price is back…
It goes without saying that the cryptocurrency market downturn of 2018/2019 irked many of this industry’s startups, even those which have established an unquestioned hegemony. An Ethereum Classic development group folded entirely, while Bitmain, ConsenSys, Steemit, Huobi, and ShapeShift most recently were mandated to purge staffers to maintain a sufficient financial runway. Yet, there have been…
Ripple Price is range bound with caps at 40 cents Ardo Hansson, a member of ECB, berate cryptocurrencies Trading volumes are low Although Dec 24 bull bar did rouse traders, XRP/USD is ranging with caps at 40 cents. Going on, we expect prices to expand above 40 cents towards 60 cents or higher in coming…
Ripple price traded lower recently and tested the $0.3580 support against the US dollar. There is a major bullish trend line with support at $0.3530 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could recover above $0.3650 as long as it is above the $0.3530 and $0.3580 supports. Ripple…
Latest Ripple News The crypto market may be reeling from the pounding of last year, but Fred Wilson, a Managing Partner at Union Square Ventures, is optimistic. In his view, he expects the expansion of the global market to buoy cryptos helping actualize dashed promises of 2018. Citing potential market-moving macros as a slowdown in…
Latest Ripple News Margins are tight, and after a five-month stint at second, XRP is back to third. Despite high volume activities which XRP and Ripple sleuths point to “abnormal” movement of coins from Ripple owned Escrow addresses. For example, on Jan 1, 2.9 billion worth of XRP worth $1.1 billion at market prices were…
Latest Ripple News Margins are tight, and after a five-month stint at second, XRP is back to third. Despite high volume activities which XRP and Ripple sleuths point to “abnormal” movement of coins to Ripple owned Escrow addresses. For example, on Jan 1, 2.9 billion worth of XRP worth $1.1 billion at market prices were…
Latest Ripple News 2018 was a testing year for coin holders. The bear market wrecked the space and with the anchor coin, Bitcoin, dropping 75 percent, altcoins followed suit. The damage was severe in Ethereum (ETH), and their losses saw XRP replace it as the second most valuable coin. This is despite XRP falling a…
Latest Ripple News Coin creators ought to have a thick skin and always ready to answer any question touching on their creations. While Ripple is an independent and a for-profit company that advocates three main solutions in xRapid, xCurrent, and xVia, it’s a well-documented that the community is not so sure on whether XRP is…
Early crypto evangelist and arguably one of the most influential figures in the space, Jed McCaleb, says we’re still not in a bear market despite continued price decline and investor fatigue. In fact, the man who has had a hand in everything from the notorious Mt. Gox cryptocurrency exchange, to Ripple and Stellar, says that…