Just a Ripple? XRP Price Hits One-Month High But Eyes Correction

Twitter Facebook LinkedIn Ripple (XRP) on Tuesday established a bullish setup after rising more than 10 percent against the US dollar. The pair broke above the October peak to set a new one-month high at 0.569-fiat. It was previously stuck in a narrow trading range for multiple weeks amidst lower volatility. While the lack of bias-defining price action is itself not significant, the absence of solid bullish momentum, coupled with failed rally attempts of the recent weeks, confirms XRP’s overall downtrend. The latest rally marks the asset’s latest attempt to break…

Ripple (XRP) Briefly ‘Flippens’ Ethereum to Become 2nd-Largest Cryptocurrency

Twitter Facebook LinkedIn Ripple (XRP), long the world’s third-largest cryptocurrency, capped off an impressive single-day rally with a foray onto the market’s silver podium, briefly evicting ethereum (ETH) from the market cap ranking it has long called home. Ripple (XRP) Challenges Ethereum for Silver Podium The rally, as CCN reported, saw the ripple price rise an astounding 14 percent on a day when bitcoin (BTC) traded sideways, and no other large-cap cryptocurrency rose more than 4 percent. In fact, XRP’s single-day return was triple that of Metaverse ETP, whose 4…

Ethereum & Ripple (XRP) Plunged, Tron Led Oct. Index

Twitter Facebook LinkedIn The month of October saw many altcoins continue to bleed out in price, with ethereum (ETH) and ripple (XRP) each declining by more than 10 percent. After almost ten months of mostly bearish price action in the cryptocurrency space, there was just one crypto token that managed to tread water in October — tron (TRX). Tron’s [Previously] Volatile Nature Tron’s October stability comes as a bit of a surprise for a coin that is often volatile. Earlier this year, Finder.com conducted a study ranking the top fifty…

The Ripple Drop – Episode 6

Welcome to the sixth episode of The Ripple Drop, a web video series covering the latest news about our customers, technology, products and culture. We’re getting deep into Ripple tech this month. First we talk to SVP of Product Asheesh Birla about RippleNet’s three different products and how they work together. Birla breaks down the specifics of how payment flows would work from the U.S. to Mexico using XRP. Next up, we sit down with Director of Product Craig DeWitt to discuss RippleNet’s multi-hop feature. We recently announced that Siam…

Ripple Price Rises 3% as Crypto Market Valuation Jumps to $210 Billion

Over the past 24 hours, the crypto market has added $2 billion to its valuation, rising to $210 billion. The Bitcoin price has experienced a slight increase in price from $6,370 to $6,430, supported by a minor rise in daily trading volume. Still, the volume of the cryptocurrency exchange market remains weak, with the daily trading volume of Bitcoin remaining below $3.5 billion on Coinmarketcap and $2.42 billion on CoinCap. XRP, the native currency of the Ripple blockchain protocol, has surged by around 3 percent on October 24, possibly due…

Ripple Price Analysis: XRP/USD Could Accelerate Above $0.4700

Key Highlights Ripple price found a strong support near the $0.4320 level and bounced back against the US dollar. Yesterday’s highlighted key bearish trend line was broken with resistance at $0.4505 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair gained momentum above $0.4550 and traded towards the $0.4700 resistance. Ripple price climbed higher nicely against the US Dollar and Bitcoin. XRP/USD may continue to move higher towards the $0.4750 and $0.4800 levels in the near term. Ripple Price Analysis Yesterday, we discussed that a…

Ripple Price Analysis: Break Above $0.4550 Could Push XRP Higher

Key Highlights Ripple price is struggling to clear the $0.4540 and $0.4550 resistance levels against the US dollar. There is a major bearish trend line in place with resistance at $0.4540 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must clear the $0.4540, $0.4550 and $0.4610 resistance levels to accelerate higher. Ripple price is preparing for the next break against the US Dollar and Bitcoin. XRP/USD remains supported on dips near $0.4410 for an upside break. Ripple Price Analysis There were mostly range moves…

Ripple Price Analysis: XRP/USD Remains Supported Above $0.4230

Key Highlights Ripple price is currently trading below the $0.4615 and $0.4660 resistance levels against the US dollar. There was a break below a contracting triangle pattern with support at $0.4550 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may correct a few points lower, but it could find support near the $0.4400 and $0.4230 levels. Ripple price is consolidating above key supports against the US Dollar and Bitcoin. XRP/USD must break the $0.4615 and $0.4660 resistances to climb higher. Ripple Price Analysis After…

Ripple Leadership Front and Center at Money20/20

Ripple’s executives are on stage in force at this year’s Money20/20 USA to talk about improving global payments with blockchain and digital assets, and how these technologies can bring new value to businesses and consumers around the world. Specifically, Executive Chairman and Co-founder Chris Larsen, Chief Technology Officer David Schwartz, SVP of Business and Corporate Development Kahina Van Dyke and SVP of Product Asheesh Birla will all speak over the course of the event. They’ll join over 11,000 attendees, including other C-suite executives, business leaders and media from over a…

Ripple Price Analysis: XRP/USD Could Correct Lower To $0.4350

Key Highlights Ripple price failed to stay above the $0.4600 support and declined recently against the US dollar. There was a break below an ascending triangle pattern with support at $0.4630 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently under pressure and it seems like it could test the $0.4400 or $0.4350 support levels. Ripple price moved lower from range highs against the US Dollar and Bitcoin. XRP/USD may continue to move down towards the $0.4350 support in the near term. Ripple…