Ripple has been able to once again find strong buying pressure in the upper-$0.20 region, which has historically been a region of strong support for the cryptocurrency. After touching this region, XRP climbed slightly higher, and is currently outperforming the markets. Analysts are now torn on whether or not this price region marks a long-term…
Ripple price broke the key $0.3200 support level to extend losses against the US dollar. The price even spiked below the $0.3000 support area and traded to a new monthly low at $0.2955. There is a major bearish trend line forming with resistance at $0.3200 on the hourly chart of the XRP/USD pair (data source…
Following the demise of one of Poland’s largest crypto exchanges last week, news is breaking today that one in Japan has just been hacked. Bitpoint Suspends Services An official announcement today stated that Japanese crypto exchange Bitpoint has suspended services following a heist to the tune of around $32 million in crypto assets. A Boomberg…
Ripple price started a major decline after it failed to stay above the $0.4000 support against the US dollar. The price declined heavily and broke the $0.3850 and $0.3750 support levels. There is a new connecting bearish trend line forming with resistance near $0.3850 on the hourly chart of the XRP/USD pair (data source from…
Ripple (XRP) drops 10.5 percent SWIFT and rival platforms are not Ripple’s competitors Christine Lagarde will take over from Mario Draghi. According to analysts plus her previous comments on Ripple, this is bullish for XRP. However, that is not enough to prop XRP, which is down 10.5 percent in 24 hours. Ripple Price Analysis Fundamentals…
Ripple price remained in a positive zone and traded higher from $0.3860 against the US dollar. The price is now trading well above the $0.4000 level and it could continue to rise in the near term. Yesterday’s highlighted major bullish trend line is intact with support near $0.4010 on the hourly chart of the XRP/USD…
Ripple (XRP) retesting 40 cents, stable in the last day Change of leadership at ECB could be supportive for Ripple and blockchain in general Christine Lagarde will take over from Mario Draghi as the head of ECB. As a blockchain and crypto believer, her entry is significant. On more than one occasion she has been…
Ripple (XRP) has incurred some decent upwards momentum today after “FOMO” spread on Twitter based on an American Express blog post that mentioned Ripple for international settlements. This blog, however, is old and is not at all an official AMEX announcement, so traders should trade XRP with caution. This blog post coincided very closely with…
Ripple price remained in broad range and recently tested the $0.4070 level against the US dollar. The price is currently trading above the $0.4000 support, but it is facing many hurdles on the upside. There is a connecting bullish trend line forming with support at $0.4008 on the hourly chart of the XRP/USD pair (data…
Ripple price traded to a new monthly low at $0.3810 and corrected higher support against the US dollar. The price is struggling to gain bullish momentum and it is still trading well below $0.4275. Yesterday’s highlighted key bearish trend line was breached with resistance near $0.3985 on the hourly chart of the XRP/USD pair (data…