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…
For the first time in years, XRP gained some massive momentum when it broke above $0.30 last month, with bulls sending its price rocketing as high as $0.90 on some exchanges before an influx of selling pressure sent it plunging lower. This rally gave many embattled bag holders an ideal exit opportunity, with the new…
XRP has given up a serious percentage of its recent gains, with the cryptocurrency’s parabolic rally fading and showing few signs of strength as sellers rise with full force. The cryptocurrency’s parabolic rally came about shortly after it plunged to lows of $0.23 before rallying to the top of its multi-year trading range around $0.30.…
XRP has seen some wild price action over the past few weeks, with the token’s recent break above its multi-year trading range between $0.21 and $0.30 sending it on a parabolic uptrend that eventually let it as high as $0.90 on Coinbase and some other exchanges. It lost its momentum here, however, and has since…
Ripple is struggling to clear the $0.5800 resistance against the US Dollar. XRP price is showing bearish signs and it could accelerate lower below $0.5420. Ripple topped just above the $0.6000 level before starting a fresh decline against the US dollar. The price is now trading well below the $0.5680 support and the 100 hourly…