Following a quiet Saturday where the cryptocurrency markets saw relative levels of stability, the volatility has increased on Sunday, with Bitcoin (BTC) holding stable as most major altcoins drop slightly. Earlier today, Bitcoin dropped towards $3,550 before quickly bouncing, which adds further support for the notion that BTC has a significant amount of buying support…
Ripple prices consolidating inside Jan 22 high low Messari’s report place XRP market cap on the lens Transactional volumes low averaging 14 million An analytic firm is questioning XRP’s market cap. Arguing that its market cap is inflated, Messari is now calling for indices to revise their XRP circulating supply assumptions. Meanwhile, our last XRP…
XRP price stable and ranging Brad Garlinghouse says XRP and Ripple solutions fundamentally rewiring Transaction volumes low—reasons for a ranging market Fundamentals and technical candlestick arrangements support XRP. However, for a bull trigger, XRP prices must rally past 34 cents at the back of high transactional volumes. Catalyzing this demand should be positive fundamentals. XRP…
Ripple price spiked above the $0.3210 level recently and later dipped below $0.3150 against the US dollar. There is a declining channel in place with support at $0.3130 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could dip below the $0.3130 support before it may bounce back above $0.3160…
The past several days have been particularly volatile for the cryptocurrency markets, with Bitcoin (BTC) surging to highs of nearly $3,750 on Saturday before fully retracing to lows of $3,550. Despite this volatility, Bitcoin has been able to hold $3,550 as a level of support and has led the entire crypto markets to rise slightly…
Ripple price traded towards the $0.3100 level recently and later started a correction against the US dollar. There was a break above a connecting bearish trend line with resistance at $0.3180 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently following an ascending channel with support at $0.3160…
Ripple prices stable above 30 cents SWIFT—Ripple competition should heat up in coming days Transactional volumes low and dropping XRP success depends on adoption. That’s why an increase in xRapid users is bullish for investors. Even still, the slide of XRP prices have been deflating, and after 12 months of lower lows, we expect Sep…
The crypto markets are in the process of wrapping up a volatile week on a positive note, as virtually all major altcoins have surged today after Bitcoin jumped nearly 3% into the mid-$3,700 price region. Although Bitcoin is currently leading the markets, if it is able to stabilize at, or above, its current price levels,…
Ripple prices in a 2 cents trade range below 34 cents Mercury FX demonstrates the power of XRP Prices ranging as daily average trading volumes drop t0 23 million—streams from BitFinex Although the path of least resistance ought to be northwards, sellers are currently pinning down bulls. Nonetheless, our XRP/USD trade plan is upbeat, and…
Ripple price is trading in a tight range above the $0.3240 and $0.3200 support levels against the US dollar. There is a major contracting triangle formed with resistance at $0.3290 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to make the next move either above $0.3300 or…