Crypto markets surge to nine month high; Bitcoin, XRP, BCH, EOS and IOTA commanding things. The ice has melted. Crypto winter is now over as markets surge an epic 13 percent on the day to hit a new high not seen since September last year. Bitcoin has led the pack once again but some of…
Ripple price started a fresh rise above the $0.3100 and $0.3200 resistance levels against the US dollar. The price tested the $0.3400 area and recently corrected lower below $0.3300 and $0.3250. There is a major bullish trend line forming with support near the $0.3100 level on the hourly chart of the XRP/USD pair (data source…
Ripple price formed a decent support near the $0.2915 level and climbed higher against the US dollar. The price broke the $0.2950 resistance and it looks set to gain bullish momentum in the near term. Yesterday’s highlighted bearish trend line is about to give way with resistance near $0.2988 on the hourly chart of the…
Ripple (XRP) in an extended consolidation Technical reasons preventing RippleNet clients from upgrading to xCurrent 4.0 For Ripple (XRP) demand, then more banks should use xRapid an “on-demand liquidity tool.” Unfortunately, it is a handful of banks that use the solution as technical and legal reasons slow down adoption. Meanwhile, Ripple (XRP) is flat, ranging…
Ripple price traded to a new weekly low at $0.2918 and recently recovered against the US dollar. The price climbed higher and broke the $0.2985 and $0.3000 resistance levels. There was a break above a key bearish trend line with resistance near $0.2970 on the hourly chart of the XRP/USD pair (data source from Kraken).…
Ripple (XRP) performance dismal, bulls add 1.3 percent in 24 hours. Despite apparent efficiency, a central bank official said he sees no potential in Ripple An official from Singapore’s MAS is skeptical of Ripple’s capabilities after the country’s Project Ubin linked with Canada’s Project Jasper effecting the first transaction. Reflecting this negativity is Ripple (XRP)…
Crypto markets surged in April, Bitcoin, Bitcoin Cash and Binance Coin the winners, XRP, Stellar and Bitcoin SV the losers. April was the third month in a row to see gains on cryptocurrency markets. Not only did they gain, they surged by a whopping 16.5 percent adding $24 billion to total market capitalization. April 2018…
Ripple (XRP) down 6.4 percent Low correlation with Bitcoin prices means XRP is the best diversifier Brad Garlinghouse must be happy, Ripple (XRP), a Binance research report reveals, has a low correlation with Bitcoin (BTC). Because of that, it is a good diversifier for investors willing to spread out their risks. Nonetheless, Ripple (XRP) prices…
Ripple price started a decent upward move and broke the $0.2960 resistance against the US dollar. Both bitcoin and Ethereum recovered and gained more than 2.5%. There is a short term breakout pattern forming with resistance near $0.3085 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue higher…
Over the past several months many cryptocurrencies have incurred relatively large gains that have put a significant amount of distance between their current prices and their 2018 lows. But much to the chagrin of investors, Ripple (XRP) has not been one of these cryptos, as it has remained relatively stable around the $0.30 region. Today,…