With every passing week and month, Ripple is moving ahead with its aim to take over the world’s remittance market. Its Global Payments Network, RippleNet, has onboarded many customers from around the world as part of its plans to ease and fasten the payment settlement process. With Ripple’s remittance service, On-Demand Liquidity [ODL], also allowing...Read More
Disclaimer: The findings of the following analysis should materialize by mid-July June 2020 hasn’t been smooth sailing for XRP, the market’s fourth-largest cryptocurrency. After the dramatic decline in March, XRP peaked on 29 April after touching the price point of $0.23. Since then, however, it has been all downhill for the cryptocurrency. In the month...Read More
The performance of XRP in the cryptocurrency market has been dull and consolidating for the past couple of days. The price of the fourth-largest digital currency was at $0.1758 and was experiencing terrible selling pressure, at press time. The violent price action in the market, however, did not interfere with the movement of crypto in...Read More
Disclaimer: The conclusions of the following analysis should materialize over the next 24-48 hours June continues to get worse and worse for the market’s fourth-largest crypto-asset, with XRP continuing to slide down the charts, despite strong support at certain price points. On 24 June, XRP registered another significant drop as the asset dropped below its...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, June 26th, the XRP positions remain weak. The cryptocurrency is generally trading at 0.1818 USD, and the attempts of bounces look too timid to turn out productive. On D1, XRP/USD keeps forming a downtrend. After a bounce off 32.8% Fibo, the quotations are heading for 23.6%, which...Read More
BigONE Exchange, one of the world’s safest crypto exchanges, has taken on a new sheen as it just launched a brand new VIP system that converts a user’s every engagement with the platform into his or her own benefits, be they discount on spot trading fees, reduction on leverage interests rates, or an increased referral...Read More
As Bitcoin continues to trudge between the $9,500 and $10,000 range, altcoins prospects may be bolstered. The king coin’s stability off-late may have irked investors but for the top-ranking coins in t The post Bitcoin’s highest correlation is with XRP, while BTC-ETH comes in fourth appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Digital currency markets are down on Sunday evening roughly 2.14% as global trade volume has slid by 31% this weekend. Coins like ethereum, bitcoin, litecoin, and bitcoin cash are all down between 1-2% in the last 24 hours. Crypto Assets Shed $16 Billion in Two Days At the time of publication, the cryptocurrency market capitalization...Read More
Ripple has slowly been building up a global network of partners who use their technology and services. If Navin Gupta is to be believed, there are nearly 350 financial institutions using RippleNet, with more to be added in the near future. Ripple’s technology has been of great interest to banks and other financial service providers....Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, June 9th, the XRP is moving steadily inside a narrow flat. It is generally trading at 0.2031 USD. On D1, the technical picture of Ripple has not changed greatly. The pair keeps testing the lower border of the ascending channel, trading near 38.2% Fibo. At the current...Read More
When it comes to Ripple and XRP, the main area of focus is the financial sector, rather than cryptocurrency. In recent weeks, it appears that the XRP/MXN liquidity through Bitso has reached a new all-time high. The XRP asset was never designed to rival Bitcoin or other crypto assets. XRP is Doing Wonders for Bitso...Read More
XRP’s price, despite a minor upside break, has failed to breach any significant resistances. In 2019, XRP was one of the worst-performing assets among the top ten cryptocurrencies by market cap. This The post XRP in for another negative breakout as 200-moving average resists upswing appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Ripple has been making headway in the financial sector across the globe. Especially Asia, and more particularly Japan, is a region of great interest. That situation will only intensify following a new XRP-based remittance solution launching in the country. FXCoin Sees Merit in Ripple and XRP Rumor has it that FXcoin is looking to become...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, May 22nd, the XRP is trying to restore after two days of sales but the impulse is not enough. The cryptocurrency is generally trading at 0.1968 USD. The technical picture of Ripple on D1 has not much changed since last week and is typical of the whole...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, May 15th, the XRP rate is correcting after the recent growth. The cryptocurrency is generally trading at 0.2023 USD. On D1, XRP/USD keeps forming an uptrend after a correction. Upon correcting from 50.0% Fibo, the quotations are trading near 38.2%. At the current stage, this may signify...Read More
When it comes to alternative cryptocurrencies and their blockchains, there will always be some sort of debate. A new academic paper certainly paints an interesting picture for EOS, Tezos, and XRP. Many people feel that Bitcoin is the only real viable cryptocurrency out there. Academic Paper Blasts EOS, XTZ, and XRP Everything else is, in...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, May 8th, the XRP remains in a flat, slightly declining. It is generally trading at 0.2166 USD. On H4, XRP/USD is correcting the previous declining wave, moving in a mid-term ascending channel. The quotations rose to 50.0% Fibo but a divergence on the MACD proved the necessity...Read More
XRP has been the third-largest coin for quite some time now, however, it might be the only major coins whose developments in the space are not reflected in its price. Ripple’s on-demand liquidity [ODL The post Ripple ODL: Bitso processes highest value of remittances in April appeared first on AMBCrypto. The post appeared first on...Read More
Ripple has always been a company that attracts a lot of attention in the cryptocurrency world. Unfortunately, that also means that the company has to deal with lawsuits every now and then. Speaking of lawsuits, a new one has been filed by Bitcoin Manipulation Abatement LLC. Another Ripple Lawsuit Pops up According to that group,...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, April 21st, the XRP cryptocurrency looks dubious, slightly growing in price. It is generally trading at 0.1836 USD. On D1, the technical picture is typical for the whole crypto market. The price is consolidating between 38.2% и 23.6% Fibo, which may mean that the price may be...Read More
In brief: A new report by eToro and The Tie shows that the number of Twitter users discussing XRP has fallen drastically. The report also indicates that members of the XRP army have continued to decline since January 2018. The new stats could indicate a continuous trend of capitulation by XRP investors. Times have drastically...Read More
Quick take: CEO of Morgan Creek Digital, Mark Yusko, was a recent guest on Thinking Crypto, a Youtube crypto news channel. In the interview, Mr. Yusko discussed the current state of the stock market, COVID19, the genesis of Morgan Creek Capital, CBDCs and more. He further explained that XRP and XLM were too closely held...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog. On Friday, April 10th, the XRP price is declining. The cryptocurrency is generally trading at 0.1934 USD. On H4, the quotations remain inside an ascending channel. However, we must note that the ascending has reached 38.2% of the previous declining wave. and a divergence has formed on the MACD....Read More
Quick take: The three major economies of China, France, and South Korea have recently been linked with expressing interest in launching their own Central Bank Digital Currencies. Interest in crypto by private citizens has risen slowly but surely after numerous signs of a global recession. The Coronavirus has highlighted the need to go entirely paperless...Read More
Quick take: XRP’s price briefly tested $0.20 as a result of the crypto market resurgence. If this momentum is maintained, it could reclaim $0.25 and turn it into support based on the 3 Day XRP/USD chart. However, gains exhibited by all cryptocurrencies might still be vulnerable to the global effects of the Coronavirus. The majority...Read More
Digital currency markets have been rising again as the entire market capitalization of all 5,000+ coins has jumped above the $200 billion mark. The increase in crypto trade volume and coin values has followed alongside the recovery traditional equity markets saw on Monday. On Tuesday, most of the digital assets in the top ten are...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, April 3rd, the XRP keeps growing smoothly. It is generally trading at 0.1794 USD. On H4, XRP/USD keeps demonstrating the development of a correctional phase after a deep decline. The correctional trend is growing very slowly but steadily. The growth has reached 23.6% Fibo and keeps...Read More
In brief: Initially, XRP/USD looked set to lose the $0.16 support zone. The coin has since reclaimed $0.17 and is currently trading at $0.1766. However, one analyst warns this might be a brief rally. In the last 24 hours, the crypto markets have gained $11 Billion in market capitalization. The total market cap now stands...Read More
Porn sites have been experiencing increased traffic as the number of people under lockdown or quarantine rises due to the coronavirus pandemic. Many of these sites accept cryptocurrencies, including Pornhub. The popular porn site currently offers residents of some countries free premium membership for a limited time to help them stay home during the covid-19...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The attempts of the XRP to perform a bounce after stressful trading days keep failing. On Friday, March 20th, it is generally trading at 0.1636 USD. On D1, the quotations may perform a pullback after a swift declining impulse. The quotations broke through the last meaningful low of...Read More
