Ripple is still facing many hurdles near $0.1980 and $0.2000 against the US Dollar. XRP price must settle above the $0.2000 resistance zone to avoid more losses in the near term.Ripple is climbed towards the $0.2000 resistance and traded as high as $0.1986 against the US dollar.The price is currently consolidating above the $0.1900 support…
Ripple’s XRP stole the spotlight of the cryptocurrency market after the former chairman of the U.S. Commodity Futures Trading Commission (CFTC) Christopher Giancarlo affirmed that it does not qualify as a security. Instead, the so-called “Crypto Dad” argues that the cross-border remittances token can be considered a currency like any other sovereign currency.“Ultimately, under a…
Ripple started a strong increase from the $0.1820 support zone against the US Dollar. XRP price seems to have formed a double bottom pattern and it could rise further towards $0.2000.Ripple is up more than 4% and it is now trading above $0.1900 against the US dollar.A double bottom pattern is likely forming near the…
Ripple declined sharply below the $0.2000 support zone against the US Dollar. XRP price is currently correcting higher, but upsides are likely to remain capped near $0.1950 or the 100 SMA (H4).Ripple price is down more than 5% and it broke a crucial support zone near $0.2000 against the US dollar.The price traded as low…
Ripple’s XRP has been consolidating within a narrow trading range for over the past month. The price action of this cryptocurrency is mostly contained between the $0.192 support level and the $0.212 resistance.Throughout this stagnation phase, the Bollinger bands were forced to squeeze based on XRP’s 1-day chart. Squeezes are indicative of periods of low…
Ripple is currently consolidating above the $0.2000 support against the US Dollar. XRP price is likely to start a strong increase above $0.2100 as long as it is above the 100 SMA (H4).Ripple price is currently trading nicely above the main $0.2000 support zone against the US dollar.The price is facing a few key resistances…
It’s no secret that XRP has been one of the worst performing cryptocurrencies throughout the past couple of years, woefully underperforming both Bitcoin and its USD trading pair.This underperformance may soon extend even further, as analysts are noting that the crypto is on the cusp of seeing another breakdown as it hovers just above a…
XRP, the underlying token of the Ripple’s flagship blockchain, is not a practical cryptocurrency for holding, said a top market analyst.The statements appeared in the wake of XRP’s dismissive performance in 2020 against its better-performing rivals, such as bitcoin.The analyst said the Ripple token could fall by another 50 percent before it pursues a retracement…
Things just keep getting worse for the crypto asset known as XRP. After an extremely poor performance over the last two years, the latest crash across crypto has caused the stablecoin Tether market cap to “flipped” the previously third-ranked cryptocurrency, Ripple.Tether Unseats XRP As The Third-Ranked Cryptocurrency, Flippening Is OfficialXRP has earned itself a negative…
Ripple failed to stay above the $0.2050 resistance and declined recently against the US Dollar. XRP is showing bearish signs and it could decline further below $0.1980 and $0.1960.Ripple traded as high as $0.2066 and recently started a fresh decline against the US dollar.The price is showing many bearish signs below the $0.2050 and $0.2020…