The crypto market has seen its craziest day in months. As Bitcoin (BTC) price flatlined, steadying at $10,250, altcoins absolutely skyrocketed. As seen in the chart from Coin360 below, cryptocurrencies, save for Bitcoin and a few other stragglers, effectively went vertical, showing a bout of strength on a caliber that was reminiscent of 2017’s bull…
In a rare move this year the altcoins have taken off today and their big brother has stalled its engine. Specifically Ripple’s XRP and payments token Stellar Lumens are driving the rally as total market capitalization and volume crank higher. Ethereum Strong But XRP Stronger For the best part of this year Bitcoin has been…
Ripple price surged more than 15% after it broke the key $0.2650 resistance against the US dollar. The price is trading well above the $0.3000 level and it could continue to rise. There was a break above a bullish continuation pattern with resistance near $0.2930 on the hourly chart of the XRP/USD pair (data source…
Ripple price is struggling to gain momentum above the $0.2600 resistance against the US dollar. The price is currently declining and it could continue to move down below $0.2520. There is a connecting bearish trend line forming with resistance near $0.2545 on the hourly chart of the XRP/USD pair (data source from Kraken). The price…
This coming October, Ripple Labs will host its annual gathering of the “world’s most trusted voices across financial services, payments, technology and policy” to discuss the future of the payments industry and put a spotlight on their native XRP crypto token. In the past, the recurring conference has led to strong pumps in XRP price…
Ripple price extended its decline and traded towards the $0.2520 level against the US dollar. The price is currently correcting higher, but it is facing resistance near the $0.2570-$0.2580 area. There is a key bearish trend line forming with resistance near $0.2565 on the hourly chart of the XRP/USD pair (data source from Kraken). The…
Ripple price started an upside correction above the $0.2600 resistance against the US dollar. The price is facing a strong selling interest near the main $0.2650 resistance area. Yesterday’s highlighted major bearish trend line was breached with resistance near $0.2565 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is…
Few crypto tokens or altcoins have been affected by the crypto bear market than XRP, also known as Ripple. Even though Bitcoin and many others have regained much of their lost all-time high value, XRP is still down over 93% from its $3.84 price record. Investors have grown increasingly bearish on XRP, and many expect…
Ripple price recovered recently, but it failed to break the $0.2600 resistance area against the US dollar. The price is currently moving lower and remains at a risk of more downsides below $0.2500. Yesterday’s highlighted major bearish trend line is active with resistance near $0.2580 on the hourly chart of the XRP/USD pair (data source…
Ripple price is trading in a bearish zone and recently broke the $0.2500 support against the US dollar. Bitcoin price is down around 5% and Ethereum price declined close to 10%. There is a key bearish trend line forming with resistance near $0.2610 on the hourly chart of the XRP/USD pair (data source from Kraken).…