Tag Archives: Ripple

Ripple Price Analysis: XRP Rally Unwinds But Not Likely Over

Ripple Price Analysis: XRP Poised To Break $0.3000 Support

Ripple price gained traction and broke the $0.3400 resistance area before sellers appeared against the US dollar. The price topped near the $0.3460 level and later started a sharp downside correction. Yesterday’s highlighted major bullish trend line is intact with support near $0.3190 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is likely preparing for a fresh upward move as long as it is above the $0.3100 support area. Ripple price rallied sharply before trimming most of its gains against the […]

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Could JP Morgan’s Crypto Spell Trouble For Ripple?

Could JP Morgan's Crypto Spell Trouble For Ripple?

Ripple’s XRP token has lost momentum of late. A couple of weeks ago it was the second largest crypto asset by market capitalization by a good margin. At the moment it can’t seem to get out of second gear as Ethereum streaks ahead increasing its lead. In today’s market wide crypto rally XRP has only managed to eke out a 2% gain taking it to $0.307 at the time of writing. It is down over 5% on the month while others around it have been making better […]

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Ripple Price Analysis: XRP Likely To Gain Bullish Momentum Above $0.3100

XRP Benefiting From SWIFT--Corda Trial

Ripple price formed a solid support near the $0.2940 and traded higher against the US dollar. There was a break above two key bearish trend lines with resistance near $0.2980 on the hourly chart of the XRP/USD pair (data source from Kraken). The price tested the $0.3040 and $0.3050 resistance levels, where sellers emerged. In the short term, there could be a minor downside correction before the price spikes above $0.3050 and $0.3080. Ripple price is holding a few important supports against the US Dollar and Bitcoin. […]

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Ripple Price Weekly Analysis: XRP At Risk of Sharp Bearish Reaction

Ripple Price Analysis: XRP Remains Sell On Rallies Towards $0.30

Ripple price is struggling to clear the $0.3000 and $0.3100 resistance levels against the US dollar. There is a crucial bearish trend line formed with resistance at $0.3000 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair must gain momentum above $0.3000 and the 100 simple moving average (4-hours) for more gains. On the downside, a break below the $0.2940 support could trigger bearish moves in the near term. Ripple price corrected lower after a decent upward move against the US Dollar […]

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XRP Holds Strong After JP Morgan ‘Slaps’ Ripple With Bank-Centric Crypto

XRP Holds Strong After JP Morgan 'Slaps' Ripple With Bank-Centric Crypto

Ripple and its go-to crypto asset, XRP, have long been a nuanced topic of discussion in the cryptosphere. Many have argued that the San Francisco-based fintech startup, deemed a company to watch by Forbes, is sleeping in bed with banks, along with other incumbents of the legacy world. But, this might not exactly be the case, as a Wall Street giant recently revealed plans to issue a digital asset that poses somewhat of a threat to Ripple’s operations but not to Bitcoin’s value. Ripple Under Threat Due […]

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Ripple Price Analysis: XRP’s Downside Thrust Before Fresh Upside

Ripple Price Analysis: XRP Poised To Break $0.3000 Support

Ripple price is currently trading well below the $0.3045 and $0.3070 resistances against the US dollar. There is a major bearish trend line formed with resistance at $0.3070 on the hourly chart of the XRP/USD pair (data source from Kraken). Recently, there was a break below a connecting bullish trend line with support at $0.3000. The pair could correct a few points in the short term, but there are chances of a sharp drop to $0.2940 or $0.2910. Ripple price continues to trade in a bearish zone […]

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XRP Arrows Up as Ripple Inc Fund Projects Promoting Coin’s Use Cases

Ripple Price Analysis: XRP Consolidates For the Eighth Straight Day

Ripple prices are stagnant along 30 cents Wietse Wind to receive funding from Xpring Transactional volumes likely to pick up as XRP prices recover It’s all about the ecosystem and Ripple—via Xpring, are actively building that. With their funding of Wietse Wind, his project, XRPL Labs will only generate more XRP use cases. In turn, XRP prices will pump and rally from 30 cents. Ripple Price Analysis Fundamentals There are several Ripple-news making headlines that could impact prices from a fundamental point of view. To begin with, […]

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Ripple Price Analysis: Upsides In XRP Remain Attractive To Sellers

Ripple Price Analysis: XRP Poised To Break $0.3000 Support

Ripple price climbed higher, but it failed near the $0.3100 resistance area against the US dollar. There is a new connecting bullish trend line formed with support at $0.3000 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could break the $0.3000 support and accelerate losses towards $0.2910 in the near term. Ripple price remained below key resistances against the US Dollar and Bitcoin. XRP/USD may correct higher, but upsides are likely to face a strong selling interest near $0.3100. Ripple Price […]

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Ripple Price Analysis: XRP Sighting Bullish Break In Near Term

Ripple Price Analysis: XRP Buyers Target Fresh Weekly Highs

Ripple price is currently showing a few positive signs above the $0.2980 support against the US dollar. Yesterday’s highlighted key declining channel is intact with resistance near $0.3035 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to break the $0.3040 and $0.3060 resistance levels for a fresh upward move. Ripple price is slowly recovering against the US Dollar and Bitcoin. XRP/USD could gain bullish momentum once it breaks the $0.3040 and $0.3060 resistance levels. Ripple Price Analysis In the […]

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XRP and Ripple Stand to Benefit if the World Bank and McKinsey Projections are True

Ripple Price Analysis: XRP Accumulation, Bull Pressure Building Up

Ripple prices are stable but bullish SendFriend receives $1.7 million from Ripple and three other companies Transactional volumes are unexpectedly low four days after Feb 8 expansions Despite Cory Johnson exiting the company, XRP is stable as Ripple invests in SendFriend. XRP prices stand to break above significant resistance levels. What we would like to see is first prices printing above 34 cents as bulls of Jan 30, and Feb 8 are confirmed. Ripple Price Analysis Fundamentals Let’s crunch in some numbers. In 2016, the World Bank […]

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