Despite what the news may imply, Bitcoin (BTC) is up on the year, having posted an over 70% gain. XRP, Ethereum, and other altcoins, on the other hand, have suffered, plunging under the weight of a volatile Bitcoin.Some cryptocurrencies have been hurt more than others. The most hurt altcoin in the top 10 has to…
Over the past few days, Bitcoin has strongly outperformed altcoins, especially Ethereum and XRP. On Wednesday, when BTC was trading 8% down on the week, both ETH and XRP — the second and third-largest cryptocurrencies by market capitalization, respectively — were down nearly 15% since the weekly open, crushed under the pressure of BTC volatility.Related…
FinTech startup Ripple announced today that they are capping off a “record” year with a $200 million Series C fundraising round, which was completed in hopes of providing them with more flexibility to help continue building their operations on a global scale.This fundraising round comes concurrently with significant community criticism of the company’s regular market…
Blockchain start-up and XRP proponent Ripple says it’s raised a $200 million investment round, lifting its valuation to $10 billion. Despite this move, critics worry whether Ripple and its XRP digital currency have a future in the space when up against CBDCs, stable coins, and XRP’s biggest competitor, Bitcoin. Ripple Hopes Funding Refutes XRP Skeptics…
Ripple price is down close to 6% and it broke the $0.2050 support area against the US dollar.The price is likely to continue lower below $0.2000 and $0.1980 in the near term.Earlier, there was a break below a couple of bearish continuation patterns with support near $0.2120 and $0.2050 on the hourly chart of the…
Ripple price is sliding and it is under pressure below the $0.2200 resistance against the US dollar.The price is now trading below $0.2150 and it could decline further below $0.2100.There is a crucial bearish trend line forming with resistance near $0.2180 on the hourly chart of the XRP/USD pair (data source from Kraken).There are high…
While all eyes have been on Bitcoin as of late, it may be time to pay XRP some heed. A top analyst recently noted that the popular altcoin is on the verge of seeing a bout of strong volatility, with the tug-of-war between both bulls and bears heating up on both sides, creating tighter and…
Ripple price is struggling to recover above the $0.2200 resistance area against the US dollar. The price remains at a risk of more downsides below the $0.2180 support area. There is a declining channel forming with resistance near $0.2210 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum recovered a few…
Ripple price is declining and it recently broke the key $0.2200 support area against the US dollar. The price is likely to face hurdles near $0.2200 and $0.2240 in the near term. Yesterday’s key bearish trend line is intact with resistance near $0.2200 on the hourly chart of the XRP/USD pair (data source from Kraken).…
The cryptocurrency known as XRP, also called Ripple, has been among the worst performing crypto assets throughout the year of 2019. While many crypto investors are expecting the massively oversold asset that’s long been in a downtrend to finally reverse and return to former high prices, one crypto analyst believes that Ripple’s distribution is almost…