Ripple is struggling to clear the $0.5800 resistance against the US Dollar. XRP price is showing bearish signs and it could accelerate lower below $0.5420. Ripple topped just above the $0.6000 level before starting a fresh decline against the US dollar. The price is now trading well below the $0.5680 support and the 100 hourly…
XRP has been caught within the throes of immense volatility as of late, which has come as the entire market also faces some turbulence due to Bitcoin’s ongoing decline. This weakness has come about due to the cryptocurrency’s inability to break above the $0.60 region, with this proving to be a heavy resistance level for…
The highly anticipated Spark token snapshot takes place on December 12, at 0:00 GMT. Ripple XRP holders eagerly await this date, but Head of Tax Strategy at CoinTracker, Shehan Chandrasekera, warns that airdrops are a taxable event. As such, individuals who register for and receive Spark tokens must include this as ordinary income when filing…
Ripple failed to clear the $0.6150 resistance and broke a major support at $0.5740 against the US Dollar, similar to bitcoin and ETH. XRP price is likely to continue lower towards $0.5100 or even $0.4500. Ripple started a major decline after it broke the key $0.5740 support zone against the US dollar. The price is…
XRP has a major bullish breakout recently, resulting in an over 200% rally. And while bullish technicals had been building, it was the Flare airdrop and promise of free Spark tokens that helped propel Ripple to current levels. The Flare airdrop “snapshot” of the XRP ledger takes place at the end of this week, leaving…
Ripple is trading in a contracting range above $0.6000 against the US Dollar. XRP price is setting up for a major break either above $0.6200 or below $0.5800. Ripple is showing a few positive signs above $0.6000 and $0.5800 against the US dollar. The price is stuck above $0.6000 and the 100 simple moving average…
XRP has seen some wild price action over the past few days and weeks, with investors sending the previously embattled token rocketing by over 300% following its break above the long-held trading range between $0.20 and $0.30. The selling pressure in the mid-$0.60 region has proven to be quite intense in the past and may…
XRP has been flashing some signs of weakness throughout the past few days and weeks, with the selling pressure seen around the mid-$0.60 region proving to be too significant for the cryptocurrency to surmount. Where it trends in the mid-term will depend largely on whether or not this level continues holding strong as resistance. If…
XRP has been facing some intense turbulence throughout the past few weeks, but the cryptocurrency is now facing some intense consolidation as analysts await more insights into where the rest of the market will trend in the days and weeks ahead. The resistance that the cryptocurrency faces within the mid-to-upper $0.60 region is quite intense…
XRP has been caught within a tight consolidation pattern throughout the past few days, with its recent parabolic rally slowing down as bulls struggle to break above the resistance in the upper-$0.60 region. The recent rally seen by the cryptocurrency came about after it broke above a long-held trading range between $0.20 and $0.30 that…