Tag: XRP

Ripple (XRP) Jumps 4% After a Month-Long Bearish Action

Crypto Bit News Staff

Ripple’s XRP token is among the worst best-performing cryptocurrency in the top ten. The coin has returned a mere 4.44 percent profits to its investors in the last 90 days. And those who purchased it 30-days back are looking at 18.45 percent losses already. But that has not deterred traders from speculating on it, proves the last 24 hours. The XRP price gained as much as 4.5 percent value against the dollar in the said period. It touched a session high towards $0.344 at about 0400 UTC and corrected towards…

Ripple (XRP) Price Analysis: Bulls Aiming $0.3500 or Higher

Crypto Bit News Staff

Ripple price gained bullish momentum and broke the $0.3265 and $0.3300 resistances against the US dollar. The price even climbed above the $0.3350 resistance level to move into a positive zone. This week’s highlighted key bearish trend line was breached with resistance near $0.3288 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair traded close to $0.3420 and now it remains well supported above the $0.3290 level. Ripple price recovered nicely and gained bullish momentum against the US Dollar, along with bitcoin. XRP is likely…

Ripple (XRP) Price Approaching Key Resistance, Can Buyers Make It?

Crypto Bit News Staff

Ripple price traded as low as $0.3134 and recently corrected higher against the US dollar. The price broke the $0.3200 resistance area, but it is still below the key $0.3280 resistance. Yesterday’s highlighted key bearish trend line is intact with resistance near $0.3280 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must break the trend line and $0.3300 to move into a positive zone. Ripple price managed to recover a few points against the US Dollar, similar to bitcoin. XRP is currently trading above…

Ripple (XRP) Conquering Asia, But Why the Divergence With Price?

Crypto Bit News Staff

Ripple (XRP) support at 30 cents Standard Charter expanding to Asia Adoption means day-to-day settlement using XRP and CoinBase is experimenting with Litecoin, BTC, and ETH after partnering with Visa. With time they may add Ripple (XRP) but at the moment Standard Charter, a partner with Ripple, is extending their services to Asia to meet increasing demand. Ripple Price Analysis Fundamentals Fact is, for the space to flourish, there must be an avenue allowing not only investment but expenditure of digital assets. Ripple (XRP) may the third most liquid meaning…

Ripple (XRP) Price Could Retest $0.3000 Before Fresh Upside

Crypto Bit News Staff

Ripple price failed near the $0.3370 level and declined below the $0.3250 support against the US dollar. The price traded to a new weekly low at $0.3134 and remains at a risk of more losses in the short term. There is a major bearish trend line formed with resistance near $0.3285 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could extend the current decline and it may even revisit the key $0.3000 support area. Ripple price failed to gain bullish momentum against the US…

Ripple (XRP) Pinned, Prices Unresponsive Despite Fundamental Stimuli

Crypto Bit News Staff

Ripple prices in range mode above 30 cents Coil, InterLedger Protocol and Puma browser to integrate At third, Ripple (XRP) is underperforming and back to a trade-range with caps at 34 cents. Regardless, there has been a lot of integration news which is yet to be factored, meaning the coin is undervalued and would likely rally past 34 cents and even 40 cents. Ripple Price Analysis Fundamentals It’s all about use cases, and Ripple Inc is on over-drive towards meeting clients’ demands. Part of this is building interoperability and thanks…

Is Ripple (XRP) Underpriced Because Remittance is in Demand?

Crypto Bit News Staff

Ripple prices sliding, down 10.3 percent Remittance services in demand Resona Bank may have disassociated themselves with RippleNet and Money Tap, but the need for remittance service is big, Ripple Inc official has revealed. With Ripple as one of the leading firms offering innovative solutions, XRP may be underpriced. Ripple Price Analysis Fundamentals That the “dreaded” and unrelenting members of the so-called XRPArmy are a tireless lot is true. Concrete research findings reveal that they are bots.  After their successful Binance campaign, they have their muzzle at Skype. As Microsoft…

Despite Money Tap Dent, Ripple (XRP) Buy Wave is Strong

Crypto Bit News Staff

Ripple prices up, reacting from 32 cents Money Tap blow, Resona Bank discontinue participation Resona Bank is pulling out of Money Tap initiatives, a project fronted by SBI Group. All the same, prices are stable above 32 cents, reversing from Apr-2 lows and with increasing momentum, may close above 34 cents as bulls shore prices. Ripple Price Analysis Fundamentals At core, Ripple is a network that seeks to provide banks with an alternative messaging and settlement system that is fast, secure and beneficial for the end user. It may be…

Ripple (XRP) Price Breaks Key Support, Turns Sell on Rallies

Crypto Bit News Staff

Ripple price declined heavily after it broke the key $0.3500 support area against the US dollar. The price broke many supports on the way down such as $0.3440, $0.3350 and even $0.3250. There is a short term bearish trend line formed with resistance near $0.3260 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is clearly trading in a bearish zone and recovery could face sellers near $0.3260 or $0.3320. Ripple price declined heavily below key supports against the US Dollar and bitcoin. XRP remains…

Ripple Showing Signs of Weakness But XRP Price Remains Supported

Crypto Bit News Staff

Ripple price seems to be struggling near the $0.3600 and $0.3700 resistance levels against the US dollar. The price is likely to break the $0.3480 support area and decline further in the near term. There is a key bearish trend line formed with resistance near $0.3600 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could correct below the $0.3480 and $0.3400 levels, but the $0.3250 level is a strong support. Ripple price is signaling a downside correction against the US Dollar and bitcoin. XRP…