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Ripple (XRP) Is Plunging And Stays Susceptible To A Drop Listed below $0.20
Ripple is down more than 10% and it tagged the $0.2000 support against the US Dollar. XRP price is currently correcting higher, but upsides are likely to remain capped near $0.2150.Ripple price is showing a lot of bearish signs below the $0.2200 and $0.2150 levels against the US dollar.The price tested the $0.2000 support area…
Ripple (XRP) at Significant Inflection Point And Candles Warn Bullish Turnaround
Ripple is following a bullish path above the $0.2320 support zone against the US Dollar. XRP price is likely to accelerate higher above the $0.2400 and $0.2420 resistance levels.Ripple price is slowly climbing higher above the key $0.2350 level against the US dollar.The price is likely to gain bullish momentum above $0.2380 and $0.2400 in…
How India’s Turnaround of Its “Bitcoin Restriction” Might Be Substantial for Ripple’s XRP
Earlier today, India’s Supreme Court reversed a ban against Bitcoin, Ripple’s XRP, and other cryptocurrencies. While this is a huge development for all digital assets — from the market leaders to the small altcoins that few know of — some are saying this ruling could have an outsized effect on XRP, which has been struggling…
Technicals Point Towards Ripple (XRP) Healing To $0.25 Regardless Of Some Obstructions
Ripple is trading nicely above the $0.2320 support area against the US Dollar. XRP price broke a technical pattern, suggesting a decent increase towards $0.2400 and $0.2500 in the near term.Ripple price tested the $0.2300 support level and it is currently rising against the US dollar.The price is back above the $0.2320 pivot level and…
Ripple (XRP) Bulls Hesitates However Additional Gains Above $0.24 Seem Likely
Ripple is showing a few positive signs above the $0.2300 support against the US Dollar. XRP price is likely to accelerate higher if it clears the $0.2425 resistance area.Ripple price is slowly rising after forming a double bottom pattern near the $0.2240 level against the US dollar.The price is now trading above the $0.2300 and…
OTC Sales are Similarly Destructive to XRP Rate As Sell-Off by Ripple, Data Reveals
In a recent interview with the Financial Times, Ripple CEO, Brad Garlinghouse acknowledged the selling of XRP makes the company profitable.“We would not be profitable or cash flow positive [without selling XRP], I think I’ve said that. We have now.”The last quarterly report shows the company holds 50 billion XRP, with 1 billion each month…
Ripple (XRP) Likely Forming Double Bottom However Can Bulls Take Control?
Ripple retested the key $0.2240 support area against the US Dollar. XRP price could start a strong recovery wave once it clears the $0.2350 and $0.2380 resistance levels.Ripple price is showing a few positive signs above the $0.2240 level against the US dollar.The price is likely forming a double bottom pattern near the $0.2240 level.There…
Holding XRP Turns Riskier as Ripple Stops Working to Escape Class-Action Suit
A technical correction lately drove the XRP price lower by circa 36 percent. And there is a strong likelihood that it will fall further.That is according to Ripple Labs, a San Francisco-based blockchain payment firm, that holds about 60 percent of total XRP supply. The company uttered the bearish scenario about the cryptocurrency as it…
Ripple (XRP) Is Primed To Fix Greater In Spite Of Current Sell-off
Ripple remained in a major downtrend from well above the $0.2650 level against the US Dollar. XRP price tested the $0.2240 support area and it could correct higher in the short term.Ripple price is down close to 6% and it broke the $0.2350 support area against the US dollar.The price tested the $0.2240 support area…
Ripple (XRP) Is Plunging and Stays Susceptible To A Drop Listed below $0.24
Ripple started a strong decline after it broke the $0.2600 support area against the US Dollar. XRP price is currently down 10% and it is likely to extend losses below $0.2400.Ripple price is plunging and it recently tumbled below the $0.2500 support against the US dollar.The price is trading close to the $0.2400 support, below…