Ripple price is currently correcting higher and is trading above $0.2520 against the US dollar. The price seems to be approaching a major resistance area near the $0.2600 level. This week’s crucial bearish trend line is intact with resistance near $0.2600 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum is…
Ripple price is declining and trading below the $0.2560 pivot level against the US dollar. Bitcoin is down more than 3% today and Ethereum broke a major support near $178. There is a new connecting bearish trend line forming with resistance near $0.2530 on the hourly chart of the XRP/USD pair (data source from Kraken).…
SBI Ripple Asia has just confirmed that it will be working with SBI Remit and Vietnam’s TPBank to facilitate remittance payments between Japan and Vietnam. The partnership will enable near-instant, low cost payments using the collaboration between Ripple Labs and SBI Holdings, RippleNet. Although the partnership is certainly encouraging for the adoption of RippleNet, the…
Ripple price is facing a strong resistance near the $0.2740 and $0.2760 levels against the US dollar. The price is likely to continue lower unless there is a clear break above $0.2760. This week’s significant bearish trend line is still active with resistance near $0.2735 on the hourly chart of the XRP/USD pair (data source…
After a brief attempt to climb above its strong resistance level at $0.30 earlier this week, XRP faced a strong and swift rejection and is now moving down towards its monthly lows that currently sit around $0.26. This bearishness has come about in the midst of Ripple’s highly anticipated Swell event, and as the Ripple…
Ripple price is showing bearish signs and recently declined below $0.2980 against the US dollar. The price is currently consolidating losses above $0.2850 after it traded as low as $0.2746. There is a short term breakout pattern forming with resistance near $0.2910 on the hourly chart of the XRP/USD pair (data source from Kraken). If…
This week kicks off the annual Swell event hosted by Ripple, which gathers together the greatest minds and influencers from the crypto and general finance space under one roof to talk about the future of fintech. Each year, the conference causes a pump leading up to it, but later dumps following Swell in a “buy…
After a brief period of trading above its long-established resistance level at $0.30, XRP has once again fallen back into the upper-$0.20 region, which may mean that it is in for an extended bout of sideways trading. Analysts are still optimistic, however, that the cryptocurrency could see further gains in the near-term, with one analyst…
Ripple price is gaining momentum and it recently climbed above $0.3000 against the US dollar. The price traded towards the $0.3050 resistance area and it is currently correcting lower. Yesterday’s highlighted key bearish trend line was breached with resistance near $0.2940 on the hourly chart of the XRP/USD pair (data source from Kraken). There was…
A few hours ago the Stellar Development Foundation burnt a whole bunch of XLM. Ripple have also been fiddling with crypto token supply recently in a possible ploy to inflate token prices. Stellar Lumens pumped 25% on the announcement and XRP also got a lift, but are they connected? Stellar Pumps On Crypto Token Burn…