Ripple Price (XRP) Holding Key Support: BTC & ETH Bounce Back

Ripple price is finding a strong buying interest near the $0.2850 level against the US dollar. The price is currently consolidating and it is likely to climb back above $0.3000. There is a connecting bearish trend line forming with resistance near $0.3000 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could start a fresh increase if it surpasses the $0.3000 and $0.3050 resistance levels. Ripple price is trading in a positive zone against the US Dollar, while bitcoin is rebounding. XRP price must stay…

Ripple Price (XRP) Showing Signs of Further Weakness

Ripple price recovered recently, but it failed to break the $0.2600 resistance area against the US dollar. The price is currently moving lower and remains at a risk of more downsides below $0.2500. Yesterday’s highlighted major bearish trend line is active with resistance near $0.2580 on the hourly chart of the XRP/USD pair (data source from Kraken). The current technical structure suggests more downsides as long as the price is below $0.2620. Ripple price is gaining bearish momentum against the US Dollar and bitcoin. XRP price could trade to a…

Ripple Price (XRP) Facing Uphill Task: Fresh Decline Likely

Ripple price started an upside correction after trading as low as $0.2580 against the US dollar. Bitcoin price is back above $10,000, but it is facing many important resistances near $10,250. Yesterday’s followed key declining channel with resistance near $0.2670 was breached on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is now facing a strong resistance near the $0.2750 level and the 100 hourly SMA. Ripple price is trading near a major resistance at $0.2750 against the US Dollar, similar to bitcoin. Therefore, XRP…

Ripple Price (XRP) Showing Recovery Signs, Bitcoin Back Above $10.2K

Ripple price trimmed losses after it traded as low as $0.2336 against the US dollar. The price is currently trading above the $0.2500 pivot level with a few positive signs. A major contracting triangle pattern is forming with resistance near $0.2670 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to recover towards the $0.2800 resistance as long as it is above the $0.2500 support. Ripple price is showing signs of a decent recovery against the US Dollar, while bitcoin recovered 3%. XRP…

Where Bitcoin, Ethereum, & Ripple Go Next After This Vicious Sell-Off

 After opening the week on reasonably stable ground, major cryptocurrencies including Bitcoin, Ethereum, and Ripple endured painful sell-offs on Wednesday that thrust them below key levels. However, technical indicators suggest that the worst might be over for the crypto market. But only if BTC, ETH, and XRP secure important short-term milestones. How the Bitcoin Price Could Recover Back to $11,000 The Bitcoin price has been struggling to secure credible support for two weeks, ever since it slid below the $13,000 mark. The war of supply and demand is playing out…

Ripple (XRP) Poised For More Gains, Prices Rebound From Q1 Support

Ripple (XRP) is up 2.6 percent Footprints in the Middle East and Southeast Asia highlight Ripple’s advantages SWIFT is dominant, but Ripple’s progress is noticeable. Even though most of their partners use xCurrent, clarity in the future will ease their transition to xRapid. That will drive demand for XRP and therefore prices above the current 20 cents consolidation. Ripple Price Analysis Fundamentals Blockchain companies cannot flourish in isolation. It is even more challenging when the startup is ambitious. As per their statement, Ripple is one such company. Cementing its position…

Former Ripple Exec to Lead Binance’s US Expansion as New Exchange CEO

The operator of Binance’s upcoming U.S. crypto exchange, BAM Trading Services, has hired a former Ripple executive as its CEO. BAM announced on Tuesday it had appointed Catherine Coley as CEO, who will be responsible for rolling out Binance U.S., as well as expanding the exchange’s marketplace in North America. Prior to joining the firm, Coley was the head of  XRP Institutional Liquidity at San Francisco-based distributed ledger tech startup Ripple, BAM said in the announcement. Before entering the blockchain and crypto space, Coley worked for banking giant Morgan Stanley…

Bitcoin Trimming Gains While Ripple Price (XRP) Extending Losses

Ripple price failed to hold the key $0.4500 support and declined heavily against the US dollar. The price even broke the key $0.4220 support level and it is now trading below $0.4150. There is a short term contracting triangle forming with resistance near $0.4120 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum price also declined heavily and it even broke the key $300 support area. Ripple price is facing a strong selling interest against the US Dollar, while bitcoin is trimming gains. XRP price could…

Bitcoin Correcting Gains While Ripple Price (XRP) Struggles To Hold Support

Ripple price failed to climb above the key $0.4950 resistance level and declined against the US dollar. The price broke the $0.4700 support and it is currently struggling to hold the $0.4500 support. There was a break below a major bullish trend line with support at $0.4690 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum price corrected gains, but it is holding the key $320 support very well. Ripple price is struggling to hold a few important supports against the US Dollar, while bitcoin is…

SEC’s New Decision A Reprieve, Ripple (XRP) Falter

XRP slides 9.1 percent Ripple overly successful despite few banks adopting xRapid The SEC is bending for innovation’s sake. Crypto and blockchain are complex. They are a blend of different fields and all of a sudden, disrupting. Ripple may benefit, but clarification on the status of XRP will propel prices higher. Ripple Price Analysis Fundamental Blockchain and crypto, in general, is an innovation competition. It’s all about who will devise the best solution, an option that will take on existing legacy system(s). Thus far, there are thousands of projects that…