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…

XRP Nears 50 Cents as Price Rises to One-Month Highs

The price of XRP, the world’s third-largest cryptocurrency by market capitalization, jumped 6 percent on Monday, to reach its highest total in 30 days, according to CoinDesk data. At 15:01 UTC, the cryptocurrency rose to $0.49 cents for the first time since Oct. 8, and was last seen trading at $0.4950, marking roughly a 6.14 percent increase since the day’s open. At press time, XRP is the biggest winner among the top 10 cryptocurrencies by market capitalization, reporting a seven-day gain of 11.13 percent, according to data from CoinMarketCap. XRP’s market…

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…

XRP Makes a 23% Monthly Decline, Among the Biggest in October

Twitter Facebook LinkedIn Ripple’s XRP was among the best performing cryptocurrencies in September. But the bullish sentiment hasn’t sustained well this month. The XRP-to-USD pair has recorded a 24 percent monthly loss as October heads to a close, falling from 0.5831-fiat to 0.4400-fiat. The coin got sold off to the tune of over $7 billion, despite being surrounded with strong fundamentals all month long. That includes the launch of the xRapid system, new partnerships with Viamericas, Moneytenint, and National Bank of Kuwait, and the release of Ripple’s Q3 report that showed XRP sales…

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 (XRP) Marks the Best Correction as Crypto Market Recovers

The Ripple-to-Dollar (XRP/USD) exchange rate on Friday was the earliest to recover from its latest downtrend move. It surged as much as 19 percent from yesterday’s low at 0.377-fiat, which is higher than other top coins. Ripple, the company that issues XRP tokens, is reportedly heading towards forming a partnership with SWIFT, a global banking protocol. Spain-based Santander, one of the Ripple’s partners, has partnered with SWIFT to expand its banking services to Argentina, Poland, Spain, and the United Kingdom. Ripple is scheduled to attend SWIFT’s SIBOS 2018 Conference this…

Ripple (XRP) Price Declines 8% While the Crypto Market Loses $9 Billion

Subsequent to the release of a major partnership with $80 billion banking giant Banco Santander, the price of Ripple (XRP) has declined by more than 8 percent. In the past 24 hours, the valuation of the cryptocurrency market dropped by around $9 billion, as Bitcoin dropped below the $6,500 mark for the first time in the past seven days, recording a 2 percent decline in value. Low Volume was the Issue Yesterday, on October 2, CCN reported that the low volume of Bitcoin is a concern for traders and it…

XRP Sees 2% Loss After Big Announcement, Bitcoin Shows Low Volume

Since late September, the low volume of Bitcoin has been an issue for the cryptocurrency exchange market. Although BTC was expected to break out of major resistance levels at $6,800 and $7,000, its low volume prevented it from recording a major movement on the upside. Earlier today, on October 2, Ripple Labs introduced three partnerships with major banks including the $80 billion banking giant Banco Santander. One Pay FX, a platform operated by Banco Santander, became the world’s first mobile application for cross-border payments powered by RippleNet. Subsequent to the…

Ripple Price (XRP) Makes Strong Intraday Rally on xRapid Launch

Ripple (XRP) rallied again for an intraday high near $0.60 as the San Francisco-based blockchain startup announced the commercial release of xRapid, its cryptocurrency-powered enterprise blockchain product. The announcement makes clear that xRapid is “commercially available and moving into production with multiple customers.” XRP/USD | Bitstamp The company’s update names three business customers for xRapid: MercuryFX, Cuallix, and Catalyst Corporate Federal Credit Union. Additionally, the post implies that there are more customers signing on as well. The draw for these customers has been what Ripple has touted as their main solutions: fast…