XRP

XRP Breakout Imminent Based on Several Technical Patterns

XRP’s price has been stagnant for a while. Multiple technical patterns estimate that an upswing is underway. A spike in sell orders could be catastrophic. XRP has been contained within a narrow trading range over the last 20 days. Now, several technical patterns are estimating that this cryptocurrency could be bound for a bullish impulse....
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Ripple Price In Danger, Getting Close to December’s Low – XRP Price Analysis & Overview

XRP dropped back into the $0.215 support after failing to break above $0.2345 this week. The cryptocurrency remains above the 3000 SAT level but the bears are attempting to take control. XRP has been trapped within a range between $0.215 and $0.234 throughout the entire period of December. Key Support & Resistance Levels XRP/USD Support: ...
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Ripple and XRP Mentioned in Official US Bill Proposal

A proposed bill on remittance insurances mentions Ripple and XRP as the newest developments in payment channels. Increased cross-border remittances have alerted US regulators to the opportunities for tracking and securing funds. Potential Future Platform for Significant Remittances Ripple’s XRP was mentioned in relation to cross-border payment systems in the proposed bill text. The pending...
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Ripple (XRP) Price Targets Fresh Lows, BTC & ETH Consolidating

Ripple price is struggling to recover above the $0.2200 resistance area against the US dollar.The price remains at a risk of more downsides below the $0.2180 support area.There is a declining channel forming with resistance near $0.2210 on the hourly chart of the XRP/USD pair (data source from Kraken).Ethereum recovered a few points, but it...
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Croatian Post Now Offers Crypto Exchange Service at 55 Branches

Croatian Post, the biggest provider of postal services in the Republic of Croatia, is now offering a cryptocurrency exchange service at 55 post offices throughout the country. Currently, five cryptocurrencies are supported. This follows a successful implementation and positive results of a pilot program at a few branches. The Post found interest in this service...
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Croatian Post Launches Crypto Exchange Service at 55 Branches

Croatian Post, the biggest provider of postal services in the Republic of Croatia, is now offering a cryptocurrency exchange service at 55 post offices throughout the country. Currently, five cryptocurrencies are supported. This follows a successful implementation and positive results of a pilot program at a few branches. The Post found interest in this service...
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Ripple (XRP) Price Breakdown Might Be The Game Changer

Ripple price is declining and it recently broke the key $0.2200 support area against the US dollar.The price is likely to face hurdles near $0.2200 and $0.2240 in the near term.Yesterday’s key bearish trend line is intact with resistance near $0.2200 on the hourly chart of the XRP/USD pair (data source from Kraken).The bears are...
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Analyst: Ripple Distribution Almost Complete, XRP Mark Down Could Follow

The cryptocurrency known as XRP, also called Ripple, has been among the worst performing crypto assets throughout the year of 2019.The post appeared first on NewsBTC
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Sweden’s Financial Authority Approves Swiss Crypto ETP Provider Amun

On December 10, Switzerland-based firm Amun AG announced the company’s base prospectus has been approved by the Swedish Financial Supervisory Authority (SFSA). The ETP provider said it has extensive plans to expand its digital asset ETPs throughout Europe, while Sweden shows “strong demand” for these products. Also read: Wisdomtree’s Physically Backed Bitcoin ETP Goes Live...
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Ripple’s Xpring refreshes platform with additional tools

Ripple’s investment and innovation arm, Xpring.io, has supported developers in the community by expanding the use cases of the third-largest cryptocurrency, XRP. Launched over a year ago, this developers’ platform is now adorning a different look via a single website that will include a wallet, new tools, and services, revealed the Senior Vice President of...
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Ripple (XRP) Price Turned Sell On Rallies: BTC & ETH Down

Ripple price declined recently below the $0.2240 and $0.2220 support levels against the US dollar.The price is currently correcting higher, but facing resistance near $0.2240 and $0.2260.There is a key bearish trend line forming with resistance near $0.2240 on the hourly chart of the XRP/USD pair (data source from Kraken).Ethereum is facing an increase in...
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XRP’s correlation to overall market fell towards November-end: Report

The Bitcoin [BTC] market has lost 0.54% of its value in December 2019, with the king coin’s price movement recording recurring dips. A recent dip of 2.45% contributed to the price of the world’s largest crypto tumbling down from $7,450.62 to $7,268.03. Following the loss, Bitcoin tried to recover. However, it was stuck at $7,337.32,...
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Ripple (XRP) Price Starts Fresh Decrease: BTC & ETH Trimming Gains

Ripple price is currently declining from the key $0.2320 resistance area against the US dollar.The price is now trading below $0.2260 and it is showing a few bearish signs.Yesterday’s major bullish trend line was breached with support near $0.2280 on the hourly chart of the XRP/USD pair (data source from Kraken).Ethereum is also struggling and...
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Despite Rising Ripple Transaction Volume, Analyst Says XRP Still Incredibly Weak

XRP – the digital token closely associated to FinTech company Ripple – has had a rough couple of years, plummeting from highs of over $3.00 in early-2018 and finding itself caught within a firm downtrend that has persisted throughout all of 2018 and 2019.Although many major altcoins saw some relief in the first half of...
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Weiss Ratings Downgrades EOS to ‘C-‘ Due to Centralization – How Other Coins Measure Up

Weiss Ratings has downgraded EOS once again, taking its ranking from a B to a C-. The group cites “failure to decentralize,” “misallocation of resources,” and a congested network as reasons for the fall in rank. “Weiss Crypto Ratings model is not based on opinion. It’s driven by data,” the group claims. In this article...
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Ripple (XRP) Price Poised For Further Gains, Bitcoin Rising

Ripple price is gaining momentum and it is rising above $0.2250 against the US dollar.The price is likely to continue higher above the $0.2320 and $0.2350 resistance levels.There is a key bullish trend line forming with support near $0.2265 on the hourly chart of the XRP/USD pair (data source from Kraken).Ethereum is approaching the $152...
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XRP’s bull flag pattern could hoist price high

XRP’s price was hovering between the $0.21-$0.25 range for a long time now. A much-needed breakout to the positive side could be in the offing as XRP bulls take position to take over. The coin was trading at $0.23 after a surge by 2.14% over the last 24-hours, at press time. Additionally, according to data...
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XRPL transactions on ODL platform amount to over $100 million in Q4

Transactions executing on Ripple’s On-Demand Liquidity [ODL] platform, previously known as xRapid, is on the rise. The fourth quarter continued to exhibit positive metrics for the XRP ecosystem despite the market’s bearish price momentum. In the latest development, XRP enthusiast, H_M_X revealed that transactions on the MXN corridor amounted to over $100 million out of...
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XRP may face further losses after closure of falling wedge

Despite the current upside momentum exhibited by the cryptocurrency market, XRP was trading below its crucial $0.23 resistance point and has been tagging slightly above the $0.21 support area. At press time, XRP was trading at $0.22 after posting minor gains of 1.96%. Source: Coinstats XRP’s 1-Hour Chart: Source: XRP/USD on TradingView XRP’s hourly chart...
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Ripple Seeks the Full Dismissal of the Ongoing XRP Lawsuit

The ongoing lawsuit against Ripple are not over just yet. If it is left up to the company, however, it will be dismissed rather shortly.  Several people still argue how XRP is a security and should be traded as such. Ripple Wants to end the Lawsuit If that were to be the case, the consequences...
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XRP Is 10 Times Safer Than Fiat for Intl Payments – Ripple

According to Ripple, XRP is 1/10th as volatile as fiat for cross-border payments. The current SWIFT system is so slow it exacerbates international payment risk. XRP payments clear so fast that the exchange rate risk is negligible. The math busters over at Ripple have crunched the numbers and conducted a study that concludes that XRP...
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Ripple Having a Swell Time as XRP Finally Pumps

Some crypto assets have had a worse 2019 that others and XRP is one of them. At the moment the Ripple token is still down 15% this year but that could be about to change as XRP finally starts to move in the lead up to the company Swell event next month. XRP Surges 20%...
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Binance Adds New XRP-pegged Asset to Binance Chain

Binance, the world’s largest cryptocurrency exchange by adjusted trading volume, announced on October 10 the issuance of the second digital asset ever on Binance Chain, the exchange’s non-custodial trading platform. The new asset is an XRP variant and it’s listed as XRP-BF2. According to Binance, XRP-BF2 is pegged one-to-one to XRP on Binance’s main trading...
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XRP Poised to Head Higher Against Bitcoin, Analyst Reckons

XRP Chart Strong It seems that cryptocurrency bulls are back — at least for now. Over the past 24 hours, Bitcoin has gained 7%, rallying to $8,400 from this weekend’s local low of $7,700. Interestingly, altcoins have managed to keep pace with the market leader, posting similar if not greater gains. XRP, for instance, has...
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XRP Surges 7% as Technical Strength Builds; Here’s What Analysts are Saying

After facing a swift selloff overnight, the aggregated crypto markets have been able to post a strong recovery today, with XRP and most major altcoins surging as Bitcoin reclaims its position within the lower-$8,000 region after briefly dipping to $7,800. Analysts are now noting that XRP’s recent price action has allowed it to form robust...
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Breaking: Ripple Acquires Crypto Trading Firm for European Expansion

Ripple Bags Business Deal Just announced minutes ago, crypto-centric fintech startup Ripple has just made an expansion into Iceland. In a blog post, the San Francisco-headquartered company revealed that it has acqui-hired (acquired and hired) Algrim, a cryptocurrency trading firm based in the Nordic country. This move marks the company’s latest expansion into Europe. According...
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XRP community divided over price: Why the so-called fork may NOT be a viable solution

XRP community on Twitter distinguishes itself from the rest by the title bestowed upon it- ‘XRP army’; however, a troop from this army has shifted allegiance. Leading this faction is a Twitter user ‘Crypto Bitlord’, according to whom, he/she (they) act as the delegated spokesperson for a disenchanted and disillusioned camp. Bitlord’s first operation was...
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XRP’s descending price may get a boost from breaching falling wedge pattern

Despite being at the bears’ mercy in 2019, XRP noted spurs of growth in recovery. After falling over 17% in the month of August, September carried winds of change for the coin as XRP is recording bullish momentum in the market. XRP’s price noted an upsurge of over 4% on September 7 resulting in a...
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XRP’s price may note an upsurge in the short-term as coin prepares for breach of ascending triangle

XRP’s performance has been bearish for most of 2019, and the bears are not ready to quit yet. The coin registered a devaluation of 6.40% on September 6 and the lowest bid was marked at $0.2461, close to its support at $0.2419.  The coin has put in a solid effort to recover from the fall,...
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Bakkt Finally Opened a Warehouse for Bitcoin Transactions

Bakkt announced that it is opening a Warehouse. Its potential clients are those customers willing to deposit Bitcoin as well as withdraw it. It seems that the company is preparing for the introduction of its futures. Today Bakkt opened its long-awaited Warehouse for customer Bitcoin deposits and withdrawals. As they said in their tweet: Today...
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