The crypto market has revived as a result of Bitcoin bullish surge. XRP price also benefited from this, collecting significant gains that could signal a favorable future. XRP Price Analysis In this week, XRP picked up demand near the $0.50 level and started an upward rally. The token’s steady move took it to as high...Read More
With the start of August, the global cryptocurrency market is in the black (today). The current market capitalization is $1.65 trillion. Bitcoin price is currently $41500, and its market share is 47.76 percent, down 1.16 percent from the previous day. To support the broader crypto market, Bitcoin would have to return to $42,500 levels. Meanwhile,...Read More
U.S. Magistrate Judge Sarah Netburn granted permission for Hinman’s deposition to go forward with a delay to allow the SEC and Ripple to reach an agreement on the scope of the deposition. Hinman’s deposition was supposed to take place on July 19th. Tomorrow is William Hinman’s long-awaited deposition the former head of the SEC’s Division...Read More
There is havoc in the crypto space today as Bitcoin fell below $30K and the industry has lost almost $200 billion in value as a result of this new round of liquidation. In tandem with the market, XRP price has taken a dive too with the market cap plunging by $5.5B in the last 7...Read More
Despite some upward momentum overnight, the general market has been trading in the negative for the past 24 hours. Bitcoin has dropped 4.12 percent, and Ethereum has dropped 6.56 percent. In terms of XRP Price, it’s still at the same price it was in November, and it’s still a long way from its all-time high. ...Read More
XRP has not seen any serious price action of late, thanks to the sentiment of the broader market and Ripple’s lawsuit with SEC. This week, XRP Price has lost 8% of its value as it nears the $0.6 support level. Since the beginning of June, it has been trading in a descending price channel, and...Read More
The absence of volatility in the XRP market has prevented huge price movements in recent days, although it has drifted in either direction in response to broader market trends. While XRP has been consolidating quietly for the most time. Ripple has been making moves towards developments and collaborations that will surely pump the price up....Read More
Although tiny sell-offs had temporarily stalled the altcoin market’s resurgence, it was now on the mend. The price of XRP was also rising with modest selling pressure, and this recovery effort could lead to a spike in the asset. Altcoin price in the short term is determined by the outcome of the sec litigation and...Read More
Ripple’s XRP price sideways trend for the last few was a matter of concern for many. Moreover, the asset experienced a couple of rejections as it attempted to rise high. Yet the bulls geared up since the previous trading day and started to uplift the price. The price rose notably since the early trading hours...Read More
The price of bitcoin has now dropped below $30,000 for the first time. Despite the fact that it has retraced and bounced back, the currency may now be on the verge of another big sell-off, which could see the world’s most valuable crypto asset suffer even more losses. Many smaller cryptocurrencies, such as meme currency...Read More
XRP Price is attempting to recoup losses as it struggles near the psychological level of $1.00, and if it closes above $1.00, we should expect a good short-term recovery. At the time of writing, the XRP cryptocurrency is trading at $0.96. Based on the trend, the price is anticipated to rebound to $1.7, and this...Read More
XRP price in the early trading hours had risen above the upper barriers and broke out from the ascending triangle. However, the price soon experienced another dump, which still maintained along with the lower levels of the triangle. Advertisement The price which was attempting very hard to close the monthly trade above $1, yet failed...Read More
XRP-Shorts On The Edge! Ripple’s XRP price has sparked a minor uptick by bouncing off the support levels quickly than the previous 2018 crash. The crash was so brutal, that the price declined to the 2-month low levels around $0.6. Advertisement However, during the extreme crash the traders underwent extreme fear and hence shorted their...Read More
XRP Circulating Supply Dropped! XRP price spike to some extent during the trading hours that pushed the price above $1.6. However, the price experienced a slight pull back since then, yet maintained successfully above the levels. Advertisement Amidst the rally, the circulating supply dropped all of sudden by 10 billion from 45 billion to 35...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex Monero continues correcting after the February rally. On Friday, February 26th, the cryptocurrency is trading at $197. XMRUSD has been falling this week. In the daily chart, Monero is testing 38.2% fibo. The next correctional target within the ascending tendency may be the support at 50.0%, a rebound from...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, February 19th, the XRP is consolidating, balancing near 0.5280 USD after a rather volatile week. On D1, XRP/USD keeps correcting upon sky-rocketing. We suggest that currently, the quotations can break through 61.8% Fibo and go on declining. The aim of the pullback is 0.4495 USD (50.0% Fibo)....Read More
XRP climbed back above the $0.52 mark after retracing the gains made on its recent surge to $0.75. Cosmos rose above $20 but faced some selling pressure near $22 while Dogecoin succumbed to short-term bearish pressure. XRP Source: XRP/USD on TradingView After reaching a local high at $0.75, XRP was forced back to $0.4 hours...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex Disclaimer Any predictions contained herein are based on the author’s particular opinion. This analysis shall not be treated as trading advice. RoboForex shall not be held liable for the results of the trades arising from relying upon trading recommendations and reviews contained herein. The post appeared first on The...Read More
According to data from XRPscan, in the past two days, co-founder of Ripple, Jed McCaleb moved roughly 40 million XRP from his “tacostand” wallet, which was named and activated when McCaleb was still working with Ripple. The former tech chief is very active when it comes to selling his XRP; a fact earlier noted by...Read More
At the time of writing, XRP was projected to maintain its ascension as buying activity picked up on the charts. On the other hand, Algorand moved lower after a bearish marubozu candlestick formed on its 4-hour chart. Finally, Zcash was tipped to flip the $125.6-resistance on the back of strong bullish signals. XRP Source: XRP/USD,...Read More
Bradley Sostack, the lead plaintiff in a class-action lawsuit by investors against Ripple, has now moved to demand all of Ripple’s email communications with the SEC concerning XRP. The motion filed by the lead plaintiff’s counsel, if granted, will compel Ripple to produce “improperly withheld email communications and document retention policies.” The lawsuit, which was...Read More
XRP projected rangebound movement as the dust settled in its market following a period of high volatility. XMR moved within a horizontal channel and the breakout did not seem imminent over the next few sessions. IOTA could depend on a broader market rally to climb above its local high. XRP Source: XRP/USD, TradingView XRP continued...Read More
XRP has been alleged to be a security by the United States’ Securities and Exchange Commission [SEC] and this news has had a major impact on its standing in the US market. However, one of Ripple’s largest partners in Asia, the SBI Group, and its subsidiaries have continued to back the digital asset. To strengthen...Read More
On 30 January 2021, XRP registered its biggest 48-hour spike in over 3 years. Surging by 170% on the price charts, the crypto-asset ascended from $0.278 to a yearly high of $0.75. Source: XRP/USD on Trading View In fact, the crypto-asset almost matched its 2020 high. However, right after the top, it registered a massive...Read More
PrimeXBT is the latest crypto-exchange to delist XRP after an announcement earlier today revealed the removal of the XRP/USD, XRP/BTC trading pairs. The delisting will take effect from Wednesday, 10 February 2021, at 15:00 UTC. Prior to this, the XRP pairs will be transferred to ‘reduce only’ status on Friday, 5 February 2021, at 15:00...Read More
Cryptocurrencies ranging from Bitcoin to joke, token Doge, have seen much mainstream support in the past week. After Elon Musk said “he was a supporter of Bitcoin” and OnlyFans star Mia Khalifa bought Doge, another new celebrity has shown support for the coins. This time it was Gene Simmons, from the rock and roll band...Read More
XRP’s price recovered from the blow dealt by news of the SEC lawsuit on December 22 to trade at $0.56. Monero surged after exhibiting a bullish divergence while Basic Attention Token hovered above a level of support. XRP Source: XRP/USD on TradingView On December 22nd, XRP was trading at $0.53. News of the SEC lawsuit...Read More
Despite Ripple facing two lawsuits from the United States’ Securities and Exchange Commission [SEC], its products still seem to be much sought-after. According to a recent update from one of the oldest RippleNet members, Kuwait Finance House [KFH], it is now launching an instant cross-border payments service to Turkey. As per the announcement, the bank...Read More
XRP sustained its northbound move on the charts and traded close to the $0.444 resistance at press time. AAVE remained within its parallel channel, with a breakout unlikely over the coming sessions and IOTA found support at $0.416 and registered some sideways movement. XRP Source: XRP/USD, TradingView XRP maintained its upward trajectory on the charts...Read More
XRP’s price has been appreciating for the past three days and is now up by over 100% from $0.2478 to $0.5100. This increment in price followed the unprecedented stock movement especially with regard to the drama surrounding GameStop’s stock and Dogecoin’s surge on the charts. Amid the on-going rise, investors did not necessarily align with...Read More
