Earlier this past week Ripple (XRP) along with the aggregated crypto markets faced an incredibly sharp sell-off that sent XRP reeling down to lows of $0.25, which marked a significant pullback from the mid-$0.30 region where it has previously found stability. Although the crypto was able to post a small bounce today, analysts are still…
Ripple price trimmed losses after it traded as low as $0.2336 against the US dollar. The price is currently trading above the $0.2500 pivot level with a few positive signs. A major contracting triangle pattern is forming with resistance near $0.2670 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair…
A bad day for Bitcoin usually spells a nightmare for the rest of the cryptocurrencies. That appears to be exactly what is happening this Thursday on crypto markets as BTC falls to four figures while altcoins get absolutely annihilated. Double Digit Dump For Crypto This time yesterday total crypto market capitalization was over $280 billion.…
Ripple price is trading in a downtrend below the $0.3000 and $0.3050 resistances against the US dollar. The price is likely to extend its decline considering the recent decline in bitcoin price below $11,000. There is a major bearish trend line forming with resistance near $0.2980 on the hourly chart of the XRP/USD pair (data…
Ripple price struggled to climb above the $0.3060 level and recently declined against the US dollar. The price is trading with a bearish angle below the $0.3020 and $0.3010 levels. XRP/USD is about to break a connecting bullish trend line with support near $0.2995 on the hourly chart (data source from Kraken). The pair is…
Ripple price started an upside correction after trading to a new monthly low at $0.2897 against the US dollar. The price is trading above the $0.3000 level, with a few positive signs. There was a break above a crucial bearish trend line with resistance near $0.2990 on the hourly chart of the XRP/USD pair (data…
San Francisco based fintech firm Ripple is reportedly working on a number of potential investments and acquisitions following its acquisition of MoneyGram. Meanwhile its native token, XRP, continues to slide in an altcoin avalanche that is starting to gather pace. Ripple Eyeing New Investments According to a report by Yahoo Finance, Ripple boss Brad Garlinghouse…
This week in crypto has been a miserable one for altcoins with a number of them dumping double digits. Bitcoin has largely held on to its gains but the same cannot be said for its siblings which are in danger of freezing over once again. Another Frosty Week in Crypto For Alts This entire year…
Ripple price remained in a bearish zone below the $0.3150 and $0.3180 resistances against the US dollar. The price is consolidating above the $0.3065 and $0.3080 support levels. There is a major bearish trend line forming with resistance near $0.3160 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is…
Ripple price traded higher recently above the $0.3250 resistance level against the US dollar. The price topped near the $0.3320 resistance and recently declined heavily below $0.3200. There is a connecting bullish trend line forming with support near $0.3160 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could either…