Tag: XRP

Ripple (XRP) Price Surging: Bulls Sighting Break Past $0.4500

Crypto Bit News Staff

Ripple price started a solid upward move and broke the $0.4200 resistance against the US dollar. The price rallied above the $0.4400 level and recently started a downside correction. There is a key bullish trend line forming with support near $0.4250 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is placed nicely in an uptrend and it could continue to rise above $0.4400 and $0.4500. Ripple price is showing positive signs above $0.4200 against the US Dollar, similar to bitcoin. XRP is likely to…

BTC, ETH, XRP, LTC, BCH, EOS, BNB, BSV, XLM, ADA: Price Analysis 14/06

Crypto Bit News Staff

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The eagerly awaited cryptocurrency platform Bakkt will begin testing Bitcoin futures on July 22. Its launch is closely watched because it is expected to attract institutional investors who can drive the next leg of the uptrend. The recent recovery in cryptocurrencies has already led…

Ripple (XRP) Price Trading Near Make-or-Break Support Zone

Crypto Bit News Staff

Ripple price started a short term downside correction after trading towards $0.4100 against the US dollar. The price declined below the $0.4000 support and recently tested the $0.3940 support area. There is a key bullish trend line forming with support near $0.3945 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could either break the $0.3940 support and extend losses or start a fresh increase. Ripple price is currently trading near key support levels against the US Dollar, similar to bitcoin. XRP is likely to…

BTC, ETH, XRP, LTC, BCH, EOS, BNB, BSV, XLM, ADA: Price Analysis 12/06

Crypto Bit News Staff

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. After the recent rally in crypto markets, most analysts believe that the bear market is over. Barry Silbert, Digital Currency Group founder and CEO, opined that the crypto winter is over and the markets have entered a “crypto spring.” Silbert pointed out that institutional…

Ripple (XRP) Price Face Resistance: Can Bulls Overcome 100 SMA?

Crypto Bit News Staff

Ripple price started a short term recovery from the $0.3686 swing low against the US dollar. The price traded above the $0.4000 level, but it failed to surpass the $0.4050 resistance. There is a key contracting triangle forming with resistance near $0.3960 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could either break the $0.4050 resistance or decline again below the $0.3800 level. Ripple price is currently consolidating in a range against the US Dollar, similar to bitcoin. XRP must break the $0.4000 and…

BTC, ETH, XRP, LTC, BCH, EOS, BNB, BSV, XLM, ADA: Price Analysis 10/06

Crypto Bit News Staff

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. In a joint communiqué, G20 finance ministers and central bank governors have said that “technological innovations, including those underlying crypto-assets, can deliver significant benefits to the financial system and the broader economy.” This statement suggests that central banks are warming up to the new technology.…

XRP Bulls Firm But Down 9.9%, Ripple Can Be A Micropayment Platform

Crypto Bit News Staff

XRP is down 9.9 percent Recent findings could embolden the “XRP Army’s” repeated calls for the adoption of their crypto.  CoinGate is confirming that XRP is suitable for micropayments. Their latest research reveals that more people are procuring services and settling using XRP. However, that did not spur demand, as XRP is struggling against unyielding sell-side pressure. Ripple Price Analysis Fundamentals Seven years later and Ripple is much more than a platform. From what information is publicly available, XRP is increasingly serving the crypto economy as a medium of exchange.…

Top 5 Crypto Performers: ATOM, LTC, BSV, BNB, XRP

Crypto Bit News Staff

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. For the past few days, cryptocurrencies have managed to hold onto a large part of their gains. This is a positive sign, as it shows that the bulls are not in a hurry to book profits. It is also comforting to see that…

XRP Down 7.5%, Prices Could Freeze Because Of Ripple’s Goals

Crypto Bit News Staff

XRP falls 7.5 percent week-to-date Ripple game plan demands stable prices Behind Ripple is a drive to change the status quo. Their goal is to dislodge SWIFT and improve livelihoods through cheaper transactions with XRP as a tool. Therefore, it means XRP must be affordable, pouring cold water on the $579 talk. At the time of writing, XRP is down 4.5 percent. Ripple Price Analysis Fundamentals It promises to be another display. An extravaganza where innovation shapes the sphere, ten years after Bitcoin became a breather. Bitcoin is, well, fair.…

Thailand’s Largest Commercial Bank Retracts Tweet Indicating Plans to Use Ripple’s XRP

Crypto Bit News Staff

Siam Commercial Bank (SCB), Thailand’s largest commercial bank, has denied it plans to start using Ripple’s XRP token, contrary to earlier indications. The bank’s denial was communicated in a tweet published on June 7. The bank’s denial was prompted by an earlier post on social media dated June 5, when the bank’s official Twitter handle had responded to a user’s question regarding XRP and revealed ostensible plans to announce details of an unspecified “XRP system […] soon.” With the June 5 tweet having since been deleted, SCB today has firmly…