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…
Ripple price is holding an important support area near the $0.2880 level against the US dollar. The price is facing a lot of hurdles on the upside near the $0.2940 and $0.2950 levels. There is a major bearish trend line forming with resistance near $0.2945 on the hourly chart of the XRP/USD pair (data source…
Ripple price is facing an increase in selling pressure below the $0.2980 resistance against the US dollar. The price is likely to decline below the $0.2880 support before it could start a fresh increase. There is a key bearish trend line forming with resistance near $0.2940 on the hourly chart of the XRP/USD pair (data…
Ripple price is trading above the $0.2980 and $0.2950 support levels against the US dollar. The price is likely to break the $0.3060 and $0.3080 resistance levels in the near term. There is a major rising channel forming with support near $0.2990 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum…
Ripple price is rising slowly and it is still below the $0.3150 resistance area against the US dollar. The price is facing a lot of hurdles on the upside near the $0.3120 and $0.3150 levels. There is a key bullish trend line forming with support near $0.2950 on the hourly chart of the XRP/USD pair…