Key Highlights Ripple price failed to move above $0.3800-$0.3850 and later corrected lower against the US dollar. There is a major bearish trend line formed with resistance at $0.3700 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could decline towards the $0.3500 or $0.3460 support before moving back above…
The recent market volatility has resulted in constant shifting of the order of the top ten cryptocurrencies by market capitalization. Naturally Bitcoin remains at the head of the digital table but the battle for second place is heating up again. Market Cap Gap Under $1 Billion Ethereum’s recent recovery has outpaced that of XRP enabling…
Crypto exchange Kraken has launched margin trading options for two of the top digital currencies by market capitalization, Bitcoin Cash and XRP. High Risk Margin Trading Expanded at Kraken Margin trading allows users to leverage their accounts with funds they do not actually possess. This can lead to far greater profits but and also greatly…
Key Highlights Ripple price traded lower recently and broke the $0.3550 and $0.3440 supports against the US dollar. There is a major bearish trend line formed with resistance at $0.3560 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may correct a few points in the near term, but it…
Latest Ripple News While Sep 2018 saw XRP prices expand 400 percent from lows of 25 cents and at one point printing 90 cents, its growth didn’t go unnoticed. At current prices, XRP is the second most valuable coin in the space overtaking ETH for the first time since the launch of the former back…
Key Highlights Ripple price rallied above the $0.4250 and $0.4400 resistance levels recently against the US dollar. There is a key bullish trend line formed with support at $0.3750 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must stay above the $0.3750 support and the 100 hourly simple moving…
Latest Ripple News Aside from government regulators, companies are monitoring the space. Crypto as a Bank of International Settlement representative said is an “evil spawn of a crisis”. By design, coins are meant to supplement and even replace traditional government-issued currencies. Ravaged by hyperinflation and a total lack of trust for fiat, Venezuelans are using…
Latest Ripple News If anything, Ripple is right on track and in a decade or less, it may be a force to reckon in the remittance sector. That’s save all the criticism forcing company executives to defend the platform and for the umpteenth time reiterate that Ripple and Ripple Labs are two separate entities. The…
Key Highlights Ripple price extended gains and traded towards the $0.4000 resistance area against the US dollar. There is a major bullish trend line in place with support at $0.3450 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair corrected lower recently, but it remained well supported near $0.3400-0.3500. Ripple…
Key Highlights Ripple price rallied recently and broke the $0.3000 and $0.3200 resistances against the US dollar. Yesterday’s highlighted key bearish trend line was breached with resistance at $0.2850 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair traded above the $0.3300 resistance and it may continue to move higher…