Ripple started a major decline below the $0.4200 and $0.4000 support levels against the US Dollar. XRP price is gaining momentum, but approaching the key 100-day simple moving average and $0.3200. Ripple started a strong decline from well above $0.5000 against the US dollar after SEC’s threat. The price is now trading well below $0.4000,…
Bitcoin is trading a few thousand above its former peak at $20,000, but the spark of a new altcoin season hasn’t yet arrived in the crypto industry. One reason for the delay of the bullish advance is because the total altcoin market cap has gotten itself stuck in the clouds. But as soon as the…
XRP has seen some turbulent price action as of late, with the recent SPARK airdrop giving it massive momentum that sent its price as high as $0.90 on some exchanges, with this proving to be a sell the news event that has caused it to see some serious downside. One black swan event that is…
Last night, Ripple CEO Brad Garlinghouse revealed his company’s expectations that they would be slapped with a lawsuit from the United States Securities and Exchange Commission in relation to the XRP cryptocurrency token. Word spread throughout the crypto community quickly, causing widespread speculation over what this could mean for the greater industry, Ripple executives, and…
Ripple was among the major losers this week as its native cryptocurrency, XRP, fell by roughly 13 percent. XRP/USD dropped to $0.44 during the early European session. Its move downhill took cues from two fundamentals. The first one was a wider correction trend across the cryptocurrency market that saw other top coins, including Bitcoin and…
Ripple started a major decline after it broke the $0.5300 support against the US Dollar. XRP price is now trading well below $0.5000 and it could continue to move down towards $0.4200. Ripple started a strong decline from well above the $0.5300 support zone against the US dollar. The price is now trading well below…
Ripple trimmed its losses after bitcoin’s rally against the US Dollar. XRP price gained 30% and it is now trading well above the $0.5500 resistance level. Ripple started a strong increase from the $0.4350 support zone against the US dollar. The price is now trading well above $0.5200 and the 100 simple moving average (4-hours).…
XRP has seen some mixed price action as of late, with the cryptocurrency’s price not breaking firmly below $0.50 as the selling pressure placed on it begins mounting The cryptocurrency is now on the cusp of seeing a sharp decline, with analysts noting that a continued bout of trading below this level could be dire…
Because investors had been scrambling to buy XRP in order to lay claim to a corresponding amount of Spark tokens, the altcoin had its most significant bullish breakout in years. Ripple network activity post-Flare airdrop suggests that the asset has fundamentally lost its spark, but technicals might on the flipside suggest that the spark was…
Ripple is struggling to settle above $0.5000 and slowly declining against the US Dollar. XRP price must stay above $0.4800 and $0.4750 to avoid a major downside break. Ripple formed a swing high near $0.5940 and declined below $0.5200 against the US dollar. The price is now trading below the $0.5000 zone and the 100…