Ripple failed to stay above the $0.2050 resistance and declined recently against the US Dollar. XRP is showing bearish signs and it could decline further below $0.1980 and $0.1960.Ripple traded as high as $0.2066 and recently started a fresh decline against the US dollar.The price is showing many bearish signs below the $0.2050 and $0.2020…
Ripple remained strong above $0.1900 and $0.1920 against the US Dollar. However, XRP must surpass the $0.2000 and $0.2050 resistance levels to gain bullish momentum in the near term.Ripple is slowly moving higher and it is trading above the $0.1950 level against the US dollar.The price is currently facing a couple of key resistances near…
Despite it being the fourth most valuable cryptocurrency, cynics have long questioned if XRP has a use case for retail investors and traders.They ask if it’s only a coin for banks and financial institutions, or if the asset has any investment potential due to the difference between the “tokenomics” of Bitcoin and of XRP.According to…
At present, fintech firm Ripple is already subject to several lawsuits that allege it broke SEC rules by selling unregistered securities with sales of the XRP crypto token.But in a further blow, attorneys for a company called Bitcoin Manipulation Abatement LLC filed a fresh lawsuit with the US Federal District Court on May, 1st 2020.Consequently,…
XRP, the native cryptocurrency to the Ripple protocol, has struggled throughout the bear market. The number three crypto by market cap has lagged behind most other altcoins in recovering from the most extreme lows.That all soon could change, after last night’s weekly close may have confirmed downtrend resistance as support. It also may confirm a…
Ripple declined heavily from well above the $0.2200 resistance against the US Dollar. XRP is currently recovering, but upsides are likely to remain capped near $0.2080 and $0.2100.Ripple is trading in a bearish zone below the $0.2000 pivot level against the US dollar.The price traded as low as $0.1872 and it is currently correcting higher.There…
Ripple is trading in a broad range above the $0.2100 support against the US Dollar. XRP declined below a key support versus bitcoin and it is now at a risk of a sharp decline vs USD.Ripple is facing hurdles near the $0.2200 and $0.2220 resistance levels against the US dollar.It seems like the price is…
Ripple is currently consolidating above the $0.2100 support against the US Dollar. XRP price is showing bearish signs, but it could start a fresh increase as long as it is above the 100 SMA (H4).Ripple price is currently struggling to stay above the $0.2100 support against the US dollar.The price is facing a couple of…
Ripple is facing a couple of hurdles near $0.2220 against the US Dollar. XRP is likely to accelerate higher above $0.2220 unless the bulls lose control and the price drops below $0.2080.Ripple price is currently approaching the $0.2200 and $0.2220 resistance levels against the US dollar.It seems like a strong support base is forming near…
Ripple’s native token XRP is facing serious risks of plunging as a string of negative fundamentals attacks buying sentiment.A Puerto Rico-based firm has filed a lawsuit against Ripple and its CEO, alleging security frauds. Meanwhile, disgruntled co-founder Jed McCaleb is reportedly dumping 400,000 XRP units every month.The XRP/USD exchange rate is holding its yearly gains…