Key Highlights Ripple price seems to be struggling to clear the $0.3100 resistance area against the US dollar. There is a key bearish trend line formed with resistance at $0.3025 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could decline heavily if there is a break below the $0.2900…
This year’s bear market has seen most of the top cryptocurrencies hemorrhage over 80% as they plummet from those lofty heights made almost a year ago. Some have fared better than others and Ripple’s XRP token has been one of them. Crypto technology, however, is still in need of vast improvement, at least according to…
Key Highlights Ripple price declined recently and traded towards the $0.2910 level against the US dollar. This week’s followed major bearish trend line is in place with resistance at $0.2975 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must break the $0.3000 resistance and the 100 hourly simple moving…
Key Highlights Ripple price is struggling to break the $0.3180 and $0.3240 resistance levels against the US dollar. There is a crucial bearish trend line formed with resistance at $0.3100 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may continue to move down below the $0.3000 and $0.2950 support…
Coinbase has announced that is exploring an additional 29 cryptocurrencies including Ripple, in addition to the previously announced Cardano and Stellar, bringing the total coins the firm is exploring to 31 in total. Coinbase Explores 29 More Altcoins In Addition to Cardano and Stellar Back in September, Coinbase announced its ambitious goal to “rapidly list”…
Key Highlights Ripple price fell heavily and broke the $0.3200 and $0.3000 support levels against the US dollar. There is a major bearish trend line in place with resistance at $0.3200 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains in a major downtrend and recoveries remain capped near…
Key Highlights Ripple price declined and revisited the $0.3380 support area against the US dollar. Yesterday’s highlighted important bearish trend line is in place with resistance at $0.3500 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must stay above the $0.3380 and $0.3360 support levels to bounce back in…
Key Highlights Ripple price failed to recover above the $0.3600 resistance level and declined against the US dollar. There is a major bearish trend line formed with resistance at $0.3550 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently at a risk of a downside break below the…
Following a weekend of choppy trading action, the cryptocurrency markets have established a fresh leg down, erasing most of their gains incurred through the recent relief rally that sent the markets up 10% or more from their recently established 2018 lows. At the time of writing, Bitcoin is trading down 7% at its current price of…
After a couple days of upwards trading, the cryptocurrency markets have continued to sell-off, led by Bitcoin, but are still sitting above their recently established lows. Today’s drop could be the result of traders taking profits on short-term long positions, according to one research firm. At the time of writing, Bitcoin is trading down 6.5% at…