XRP, the cryptocurrency commonly called Ripple, is in the midst of breaking out from downtrend resistance that has kept the crypto asset at low prices for over two full years of bear market.A breakout from what appears to be a bull flag or pennant pattern could shock the crypto market with rapid, explosive gains, that…
Although XRP was one of the worst performing major altcoins in 2019, the crypto was able to incur some notable momentum throughout the past month that has allowed it to gain what appears to be a stable foothold within the $0.20 region.In the near-term, analysts are noting that the token is trading just above a…
Ripple is slowly rising above $0.2300 against the US Dollar and following both Ethereum and bitcoin. XRP price is likely to continue higher towards $0.2500 or $0.2850 in the coming days.Ripple price is trading with a bullish bias above the $0.2300 resistance against the US dollar.The price tested the $0.2350 resistance and it remains supported…
Over the past month, altcoins have finally started to break higher, reversing the Bitcoin-centric trend seen in the crypto market throughout all of 2019. In fact, the BTC dominance metric has dropped to 66% over the past week, with digital assets like Ethereum, XRP, and Litecoin starting to outpace the market leader.Related Reading: XRP Analyst…
XRP didn’t have the best of years in 2019. In a year when effectively all assets posted jaw-dropping gains — Bitcoin gained 95%, the S&P 500 rallied by over 30%, gold posted an approximate 20% gain — the third-largest cryptocurrency plunged 50%. In fact, all altcoins performed really poorly, as accentuated in this experiment NewsBTC…
Ripple extended its decline and broke the key $0.2270 support against the US Dollar, similar to bitcoin below $8,500. XRP price is now at a risk of more losses towards $0.2050 or $0.2000.Ripple price is gaining bearish momentum and it is now well below $0.2300 against the US dollar.The price is trading near the $0.2200…
XRP – the cryptocurrency with close ties to fintech company Ripple – had a rough 2019, posting yearly losses of over 40% that came about in tandem with a general rise seen by Bitcoin and other cryptocurrencies.Many analysts and investors alike had pinned the crypto’s bearishness on Ripple’s quarterly token sales, which appeared to have…
Ripple failed to surpass the $0.2400 resistance area against the US Dollar, similar to bitcoin near $8,800. XRP price is currently declining and it seems vulnerable to a drop below $0.2300 and $0.2240.Ripple price is clearly struggling to gain strength above $0.2400 and $0.2420 against the US dollar.The price is facing an increase in selling…
Ripple is currently recovering above $0.2325 against the US Dollar and bitcoin is trading above $8,700. XRP price is likely to surge towards $0.2500 or $0.2600 once it clears the $0.2400-$0.2420 resistance.Ripple price is showing a few positive signs above the $0.2320 area against the US dollar.The bulls seem to be facing a couple of…
Much like many other crypto assets, XRP has been on a tear over the past month. Below is a chart from TradingView which shows that the cryptocurrency, third-largest by market capitalization, has gained 36% against the U.S. dollar since bottoming at $0.173 in the middle of December.In spite of this surge, which some say has…