This Scenario Will Trigger A New Ripple Rally: Key Levels To Watch

Ripple corrected lower sharply from $0.2450, but it found support near $0.2200 against the US Dollar, similar to bitcoin near $8,500. XRP price is recovering, but it must surpass $0.2360 for a fresh rally. Ripple price is showing positive signs above the $0.2250 and $0.2280 support levels against the US dollar. The price is facing hurdles near the $0.2350 and $0.2360 levels. There is a new contracting triangle forming with resistance near $0.2360 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must climb above…

Even If Ripple “Wins” Class Action, It Won’t Mean Much For XRP: Here’s Why

There is a class action lawsuit filed against Ripple in 2018 by investors who are alleging that XRP is a security. Even if the suit is dismissed, it is unlikely to have any major effect on the cryptocurrency. Why it won’t affect XRP in a large way Ripple the company has long distanced itself from XRP the cryptocurrency. The fintech firm has said that XRP is merely a cryptocurrency utilized by various blockchain-based solutions. Ripple CEO Brad Garlinghouse said that holders of XRP are not provided with equity in the…

Ripple (XRP) Price Testing Last Line Of Defense: Here Are Key Reversal Levels

Ripple is down more than 4% after it was rejected near $0.2450 against the US Dollar, similar to bitcoin near $8,900. XRP price is now approaching the key $0.2230 and $0.2200 support levels. Ripple price declined steadily after forming a short term top near $0.2451 against the US dollar. The price is down more than 8% from the recent high and it is now well below $0.2320. Recently, there was a break below a key triangle support at $0.2234 on the hourly chart of the XRP/USD pair (data source from…

Ripple (XRP) Price Won’t Go Down Quietly: Risk of Bounce Grows

Ripple is facing hurdles near the $0.2200 resistance against the US Dollar, similar to bitcoin near $8,200. XRP price is declining, but the bulls are likely to protect $0.2080 and $0.2070. Ripple price is correcting lower after it failed to surpass the $0.2200 resistance against the US dollar. The price remains well supported on the downside near the $0.2080 and $0.2070 levels. Recently, there was a break below a connecting bullish trend line with support at $0.2125 on the hourly chart of the XRP/USD pair (data source from Kraken). The…

Ripple (XRP) Price & Time: Downside Thrust Before Fresh Increase

Ripple was rejected near the $0.2250 resistance area against the US Dollar, similar to bitcoin near $8,450. As a result, there was a downside correction in XRP below $0.2150 and $0.2100. Ripple price is down more than 10% and it is now trading below $0.2100 against the US dollar. The price even failed to stay above the key $0.2080 support area. There is a major bearish trend line forming with resistance near $0.2105 on the hourly chart of the XRP/USD pair (data source from Kraken). There are chances of more…

Typical Ripple (XRP) Price Action, Dips Remain Attractive To Bulls

Ripple extended its rally and traded towards the $0.2250 resistance against the US Dollar. Recently, XRP corrected sharply, but bitcoin managed to pop above $8,000 and $8,200. Ripple price is trimming gains and it even dived to test the $0.2080 support against the US dollar. Bitcoin remained in a positive trend and it surged above the key $8,000 resistance. There is a major contracting triangle forming with support near $0.2090 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could dip sharply towards the $0.2050…

XRP And Ripple Unexpectedly Face Major Blow in Japan After 15% Price Surge

XRP, Ripple’s native cryptocurrency which increased by more than 15 percent in merely two days, will be delisted from BITBOX. The exchange is operated by Japan’s biggest messaging application LINE. Why is XRP being delisted, and what impact will it have? In a standard statement, the BITBOX team said that it actively observes every cryptocurrency listed on the exchange. If a cryptocurrency fails to meet its standards on performance, reliability, liquidity, or regulatory requirements, it said that it will delist. “We keep a constant watch on all coins that are…

Ripple (XRP) Gearing For Another Lift-Off to $0.24: Rally Isn’t Over Yet

Ripple rallied more than 15% after it broke the key $0.2000 resistance against the US Dollar. XRP bulls now aim $0.2320 or $0.2400, considering the current market sentiment for bitcoin. Ripple price surged above the $0.2000 and $0.2120 resistance levels against the US dollar. Bitcoin also gained more than 5% and tested the main $8,000 resistance. There was a break above a major bearish trend line with resistance near $0.1985 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The first bullish target of $0.2120 was achieved…

Ripple Primed For Crucial Bullish Break, $0.2120 Seems Imminent

Ripple is grinding higher above $0.1950 against the US Dollar, whereas bitcoin and Ethereum surpassed key hurdles. Therefore, XRP price is likely to climb above $0.2000 and $0.2100. Ripple price is showing positive signs above the $0.1920 resistance against the US dollar. Bitcoin rallied above $7,500, opening the doors for more gains in the near term. There is a key rising channel forming with support near $0.1940 on the hourly chart of the XRP/USD pair (data source from Kraken). There are high chances of a crucial upside break above the…

Ripple (XRP) Turned Sell On Rallies, BTC & ETH Dragging Market Lower

Ripple is down more than 2% and it broke the $0.1880 support against the US dollar. XRP price is now trading near the $0.1840 support area and it could correct higher. There is a key bearish trend line forming with resistance near $0.1920 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum is also down 2% and it might continue to decline towards the $120 support. Ripple price is gaining bearish momentum below $0.1920 against the US Dollar, similar to bitcoin. XRP might slide further if…