Tag Archives: XRP

Ripple Price Analysis: XRP Consolidates For the Eighth Straight Day

Ripple Price Analysis: XRP Consolidates For the Eighth Straight Day

Ripple prices in a 2 cents trade range below 34 cents Mercury FX demonstrates the power of XRP Prices ranging as daily average trading volumes drop t0 23 million—streams from BitFinex Although the path of least resistance ought to be northwards, sellers are currently pinning down bulls. Nonetheless, our XRP/USD trade plan is upbeat, and with Mercury FX moving huge sums from the UK to Mexico using XRP, it seems like we are on the early stages of widespread adoption. Ripple Price Analysis Fundamentals Today marks the […]

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Ripple Price Analysis: XRP Poised To Break $0.3000 Support

Ripple Price Analysis: XRP Poised To Break $0.3000 Support

Ripple price is currently under pressure below the $0.3200 and $0.3180 support levels against the US dollar. There is a crucial bearish trend line formed with resistance at $0.3185 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to extend the current decline and it may even break the $0.3000 support area. Ripple price declined sharply below key supports against the US Dollar and Bitcoin. XRP/USD remains at a risk of more losses below the $0.3050 and $0.3000 support levels. […]

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Ripple Price Analysis: XRP Accumulation, Bull Pressure Building Up

Ripple Price Analysis: XRP Accumulation, Bull Pressure Building Up

Ripple prices stable above 30 cents SWIFT—Ripple competition should heat up in coming days Transactional volumes low and dropping XRP success depends on adoption. That’s why an increase in xRapid users is bullish for investors. Even still, the slide of XRP prices have been deflating, and after 12 months of lower lows, we expect Sep 2018 to guide medium to long term price trajectory. Ripple Price Analysis Fundamentals As long as SWIFT dominates, we expect determined competitors to step up their marketing, pitch to potential clients—mostly in […]

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XRP “Hostile Takeover” Rumor Quashed

XRP “Hostile Takeover” Rumor Quashed

Ripple price strong supports from around 30 cents Valor Foundation plans of hard forking the Ripple Ledger XRP demand grows in lower time frames, volumes rise Even though Jan 20 sellers did wipe out strides, XRP did find support at around 30 cents. With all-around bullish fundamentals, it is likely that bulls will rally and break above 40 cents in the near term. Ripple Price Analysis Fundamentals If the XRP Hostile takeover rumor is even remotely close to the truth, then XRP bag holders should be ready […]

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Ripple Price Analysis: XRP Buyers Target Fresh Weekly Highs

Ripple Price Analysis: XRP Buyers Target Fresh Weekly Highs

Ripple price tested the $0.3050 support level and later bounced back above $0.3120 against the US dollar. There was a break above a major bearish trend line with resistance at $0.3160 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently placed nicely above $0.3160, but it must break the $0.3220 resistance for more gains. Ripple price started a decent recovery against the US Dollar and Bitcoin. XRP/USD is now facing a major hurdle near $0.3220 and the 100 hourly simple […]

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XRP Steady, Inroads to Mainland China

Ripple Price Analysis: XRP Accumulation, Bull Pressure Building Up

Ripple price stagnant but net bullish Chinese University partners with Ripple Average volumes low but projected to rise as XRP demand increase There is progress from the fundamental side of the equation. Prices are stable but on a bullish path while Ripple continues to partner with universities. From the chart, XRP stands to retest 40 cents and even 60 cents by mid-Feb 2019. Ripple Price Analysis Fundamentals Cryptocurrencies and initial coin offering may be illegal in China. However, that is not stopping Ripple, the company behind the […]

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Ripple Price Analysis: XRP Could Dip and Rip Above $0.3200

Ripple Price Analysis: XRP Accumulation, Bull Pressure Building Up

Ripple price spiked above the $0.3210 level recently and later dipped below $0.3150 against the US dollar. There is a declining channel in place with support at $0.3130 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could dip below the $0.3130 support before it may bounce back above $0.3160 and $0.3200. Ripple price is slowly retreating from recent highs against the US Dollar and Bitcoin. XRP/USD is likely forming a dip and rip scenario with supports near the $0.3120 and $0.3110 […]

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Ripple Price Analysis: XRP Trading Sideways Below Key Resistance

Ripple Price Analysis: XRP Accumulation, Bull Pressure Building Up

Ripple price corrected lower and tested the $0.3130 support area against the US dollar. There was a break above a key declining channel with resistance at $0.3145 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently trading in a range below the key resistance levels at $0.3200 and $0.3220. Ripple price remains supported on dips against the US Dollar and Bitcoin. However, XRP/USD must break the $0.3200 and $0.3220 resistance levels to gain bullish momentum. Ripple Price Analysis Yesterday, we […]

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XRP Market Cap is $6.755 billion, Messari Claims

Ripple Price Analysis: XRP Accumulation, Bull Pressure Building Up

Ripple prices consolidating inside Jan 22 high low Messari’s report place XRP market cap on the lens Transactional volumes low averaging 14 million An analytic firm is questioning XRP’s market cap. Arguing that its market cap is inflated, Messari is now calling for indices to revise their XRP circulating supply assumptions. Meanwhile, our last XRP trade plans are valid. All in all, for bulls to remain in charge, then we must see sharp gains above 34 cents. Ripple Price Analysis Fundamentals Messari is questioning XRP’s market cap […]

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Ripple Price Analysis: XRP Could Accelerate Losses Below $0.3000

Ripple Price Analysis: XRP Poised To Break $0.3000 Support

Ripple price declined recently and broke the $0.3100 and $0.3070 supports against the US dollar. There is a major bearish trend line in place with resistance at $0.3030 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains at a risk of more losses below the $0.3000 support area in the near term. Ripple price tumbled and broke key supports against the US Dollar and Bitcoin. XRP/USD could accelerate losses towards the $0.2920 support in the coming sessions. Ripple Price Analysis This […]

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