It does not take much to instigate a tweet war among the crypto community these days. Token prices are rock bottom and many of the top assets, including Ripple’s XRP, just keep dumping.Ripple Moves Another $200 MillionSan Francisco based fintech firm Ripple started off the year with another questionable token movement. A further 200 million…
XRP, the cryptocurrency often referred to as Ripple, is the third-largest crypto, yet it was one of the year’s worst performers in terms of the top ten cryptocurrencies by market cap. It not only closed the year at a loss but also set a new, fresh, bear market low during the course of the last…
Ripple’s controversial native token XRP closed 2019 at a substantial loss, but according to a prominent analyst, the cryptocurrency is ready to break the bearish jinx in 2020.Crypto Michaël, a popular cryptocurrency analyst on Twitter, spoke about this on Wednesday, saying that the XRP-to-dollar exchange could undergo a massive trend reversal this year. The top crypto…
Ripple blockchain’s native token XRP registered one of its worst performances in 2019. And it is likely to extend its losses in 2020.The XRP-to-dollar exchange rate is down by circa 49 percent on a year-to-scale. At the same time, the token’s price against the benchmark cryptocurrency bitcoin has plunged by more than 72 percent within…
XRP hasn’t done too well in the past 12 months, plunging by 47% since Jan. 1st, 2019. For some perspective, Bitcoin has gained a jaw-dropping 90%, surging on the back of a confluence of factors, which includes a capital flow from altcoins to the market leader BTC.Tis the season to feast on the tears of…
It is not a secret that altcoins, such as XRP, haven’t done too well in 2019. While Bitcoin (BTC) is up over 90%, starting the year in the $3,000s and now trading at $7,200, a number of leading cryptocurrencies have actually posted losses on the year.Although nearly all asset classes from precious metals to equities…
Ripple price is slowly grinding higher and approaching the $0.2000 resistance against the US dollar.XRP seems to be forming a nice support near the $0.1940 and $0.1925 levels.There is a key rising channel forming with support near $0.1945 on the hourly chart of the XRP/USD pair (data source from Kraken).The price remains well bid and…
The precarious nature of Bitcoin’s recent price action does not lend itself to helping generate bullish price action amongst major altcoins, but one prominent analyst is noting that he believes Ethereum, XRP, and Bitcoin Cash are all decently positioned to see further upside against their USD trading pairs in the near-term.Other analysts concur with this…
XRP hasn’t done too hot over the past few months, both in terms of its performance against the U.S. dollar and against Bitcoin. Even over the past year, the third-largest altcoin has collapsed by 50%, underperforming the leading cryptocurrency by a massive margin.Despite this, an analyst is starting to believe that the price of XRP…
Ripple price is now trading well below the $0.2000 and $0.1950 supports against the US dollar.XRP is facing hurdles, while bitcoin and Ethereum are declining steadily.There is a connecting bearish trend line forming with resistance near $0.1890 on the hourly chart of the XRP/USD pair (data source from Kraken).The price could continue to decline unless…