Ripple’s recovery hits a barrier at $0.7, giving way to an ongoing retreat. XRP/USD seems poised for a massive breakdown likely to retest support at the 100 SMA. Ripple soared massively in November, becoming one of the strongest cryptocurrencies in terms of rebound. The flash rise to $0.92 brought to light the possibility of XRP
Ripple in a first of its kind move has filed for selling one-third of its shares in MoneyGram, one of its key strategic partners from 2019. The blockchain solution provider had completed a $50 million investment in MoneyGram in November last year. According to the official filing made with the SEC, Ripple currently owns 6.22
Ripple retreated after trading new yearly highs at $0.63 but is currently fighting to make a comeback above $0.6. XRP/USD is in bullish hands as reinforced by the golden cross pattern on the daily chart. Ripple is leaving only dust behind as the Launchpad rockets it to higher levels not seen since September 2018. The
Ripple hit a barrier at $0.5 but appears to have embraced support at $0.45. XRP/USD path with the least resistance remains upward but most people wait for a confirmed spike above $0.5. The cross-border token broke out during the weekend in a series of engulfing candlesticks. In the course of the trading last week, $0.31
The altcoins have finally arrived at the Bull run party that Bitcoin initiated a couple of weeks ago, bringing back the memory of 2017. Bitcoin’s bull rally started after the king coin broke past the key resistance of $13,000 and $15,000 and is currently trading at $18,658 registering more than 17% gains over the week.
Ripple resumed the uptrend after bouncing off support at $0.23. Demand for XRP is likely to shoot if the 50 SMA flips into support. Ripple appears to have resumed the uptrend from the support recently formed at $0.23. The fourth-largest cryptocurrency was recently rejected from levels slightly above $0.26. This gave credence to the bearish
Ripple is in grave danger of freefalling to $0.20 if the ascending channel support caves in. XRP/USD is mainly in the bears’ hands, especially with RSI moving towards the oversold area. The cross-border cryptocurrency has generally been in an upward momentum since the beginning of September despite the up and down price action within an
Crypto industry executives have voiced disappointment over the continual indecision from the Indian parliament over the future of the digital asset ecosystem within the country. Ripple CEO Brad Garlinghouse was one of the first to respond to a recent report claiming that India plans to introduce a new law banning trade in cryptocurrencies. The fintech
Ripple tumbled massively from highs above $0.30 only to find support at $0.23. XRP/USD looks forward to a breakout above a key descending trendline as support at $0.23 holds. Ripple, the self-proclaimed cross-border blockchain solution provider fell in tandem with the rest of the cryptocurrency market after a bearish wave swept across the digital space.
Ripple could retake its third spot in the market especially if gains are contained above $0.30. XRP/USD would seek support at the 12-day SMA, the 21-day SMA and the 61.8% Fibo in the event of a reversal. Ripple price is currently hovering above $0.30 after a significant growth pattern from the weekend lows at $0.26.
Ripple breaks out from a descending channel in favor of a brief rally testing $0.21. XRP/USD is in the middle of a retreat from $0.21; all eyes on $0.20 as the formidable support area. Ripple has tried extremely hard not to be a mundane cryptocurrency in terms of trading in July. First, the fourth-largest altcoin
Ripple price renews the bullish momentum after bouncing off support at $0.19. The formation of a bullish flag pattern hints towards a formidable XRP/USD rally past $0.20. Ripple price is attempting to change the narrative that has dominated its market since it hit a hurdle at $0.21 in the first week of July. XRP rallied
Ripple is staring into the abyss after $0.20 support gave in to the increasing seller grip. A falling triangle pattern spells doom for XRP/USD as bearish signs point to $0.19. Ripple, for a couple of days this week was at its tipping point ($0.20). This followed a reversal from an incredible rally that hit a
While Ripple has been endorsing its On-Demand Liquidity [ODL] service and its requirement during the pandemic, different ODL corridors have been displaying low activity. Ripple’s ODL Corridors Take A Hit Cryptocurrency platform, Ripple has been one of the most prominent players of the crypto industry. Ripple has undoubtedly elevated the adoption rate of cryptocurrencies following the
Ripple price has the potential to rally on the account of prime technical levels. XRP/USD breakout above the falling wedge pattern must be followed through with volume and seller confidence. Ripple price gave back to its investors last week following a surge from the dip under $0.17 to highs slightly above $0.21. Generally, XRP has
Ripple continues to narrow down at $0.20 after multiple rejections at the descending trendline. XRP/USD poised for declines targeting $0.19 as observed with the deteriorating technical picture. Ripple (XRP) is slowly easing into consolidation after hitting a wall at $0.21 in last week’s impeccable trading. The weekend session was characterized by sideways trading not only
While the latest altcoin rally pumped the price of several coins, the price of XRP went a little above 20 cents. Soon, the crypto community engaged in a conversation with Ripple’s CTO about the price of the coin. XRP’s Price Still Hovering At 20 Cents Prominent cryptocurrency, XRP was recently dethroned by the largest stablecoin,
Ripple is standing tall above the cryptocurrency horizon with gains hitting $0.1950. XRP/USD bulls must establish support above $0.19 for a smooth ride above $0.20. Ripple is at the forefront of recovery in the cryptocurrency industry. It is as though the cryptoasset has decided to give back to the investors who have been battered greatly
Ripple price hits a wall at $0.19 following recovery from primary support at $0.17. XRP/USD is gradually falling back into the hands of the bulls; support anticipated at $0.1850. Ripple price has been in gain trimming exercise since the beginning of June. A descending channel stood in the way of upward movement. On the downed,
XRP Price has recently shown a downtrend where it is noted the lowest low at the 0.1785 level but this can not be the lowest low already because XRPUSD can show more decline. XRPUSD is trading in a possible descending wedge formation which is certainly a bullshit the reversal that can show to the upside with good potential. XRP Price