The number three ranked cryptocurrency by market cap, XRP, exploded this morning, rising more than 6 percent in less than two hours of intraday trading.Will the Ripple rally continue? And what are the driving forces responsible for today’s surging XRP prices?XRP Finally Rips, Growing Over 6 Percent in Two Hours FlatIt’s difficult to ignore just…
XRP is yet another cryptocurrency that has been relatively stagnant. But just like another altcoin that is very closely related to the number three ranked crypto asset that recently saw a strong surge in price, a repeating fractal on XRPUSD price charts could point to a redemption rally and the start of a new uptrend.After…
XRP has been struggling to garner any notable momentum in recent times, with the latest market-wide uptrend leading the embattled cryptocurrency up to its near-term resistance at $0.20 – a level that it has failed to surmount since mid-February.The crypto is continuing to show some signs of weakness as it hovers just below this level,…
The aggregated cryptocurrency market has been caught within a firm uptrend throughout the several days, but XRP has been unable to match the significant gains seen by Bitcoin, Ethereum, and many other major altcoins.This trend is particularly clear today, as the embattled token is only trading up marginally while Ethereum has surged over 4% and…
A popular sentiment that has developed over the past few days is that XRP, the third-largest crypto by market capitalization, is poised to explode higher. Top altcoins, after all, have seen strong performances over the past few weeks, with Ethereum, especially, starting to post notable gains against Bitcoin.Luke Martin, a prominent crypto trader featured on CNN…
Ripple is down more than 5% and it broke the key $0.1850 support against the US Dollar. XRP price is correcting losses, but upsides are likely to remain capped near $0.1850 or $0.1880.Ripple price is showing bearish signs below the $0.1880 pivot level against the US dollar.The previous key support near $0.1850 is likely to…
Bitcoin lost its support at $7,000 earlier today, subsequently leading XRP and virtually all other major altcoins to post notable retraces that have cut into the gains incurred as a result of the recent market-wide uptrend.It now appears that XRP is at risk of seeing even further downside due to its key near-term support level…
Ripple is forming a strong support base above $0.1850 against the US Dollar. XRP price is likely to continue higher and it might surge above the $0.1980-$0.2000 resistance zone.Ripple price likely to remain well bid above the $0.1850 support area against the US dollar.Two key hurdles are forming on the upside near $0.1980 and $0.2000.There…
From the peak in February, XRP has fallen off by just under 50%, crushed under the pressure of a bear market across many asset classes. But, according to a number of leading cryptocurrency analysts, the third-largest cryptocurrency by market capitalization is on the verge of mounting an impressive comeback.XRP Is Readying to RallyAnalyst LomahCrypto recently…
XRP has continuously struggled for the last two years, unable to break free from downtrend resistance and recover any lost gains from the asset’s previous peak.But the altcoin commonly called Ripple has recently reclaimed the downtrend line from all-time high, after a false breakout and subsequent collapse. now that the important level has been reclaimed,…