Ripple (XRP) Daily Close Above $0.20 Would Make Case for Larger Rally

Ripple started a downside correction from the $0.2050 resistance against the US Dollar. XRP price tested the $0.1900 support area and it is currently rising towards $0.2000. Ripple price is trading nicely above the $0.1880 and $0.1900 support levels against the US dollar. A successful daily close above the $0.2000 barrier could start a larger rally. There is a key bearish trend line forming with resistance near $0.2000 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise as long as it…

Ripple (XRP) Retreats From Key Resistance But Bulls Are Comfortable

Ripple is up close to 10% and it broke the $0.2000 resistance against the US Dollar. However, XRP price struggled to gain strength above $0.2025 and it is currently correcting gains. Ripple price is showing a lot of positive signs and it rallied above the $0.1880 resistance against the US dollar. There was a sharp rally above the $0.2000 barrier, but the bulls failed to remain in action above $0.2025. There is a key bullish trend line forming with support near $0.1940 on the hourly chart of the XRP/USD pair…

Ripple (XRP) Bulls Target Fresh Monthly High Above $0.20: Here’s Why

Ripple is following a nice uptrend and trading above the $0.1750 support against the US Dollar. XRP price is likely to rally significantly if it clears the $0.1870 resistance. Ripple price is slowly gaining bullish momentum above the $0.1800 level against the US dollar. The price is facing a strong barrier near the $0.1870 and $0.1880 levels. There is a major bullish trend line forming with support near $0.1770 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The bulls are likely to aim a test of…

Crypto Custody Firm Lists XRP for Institutional Clients

Qualified digital asset custodian, Anchorage Trust Company, has added XRP to the list of assets supported by its institutional custody solution. The company announced support for the third largest cryptocurrency by market cap in a blog post on April 2. Anchorage claims that its custodial solution is safer than cold storage, while allowing the benefits of asset usability, offering features such as staking, airdrops, and even trading from custody. Xpring resources provide reliable solution According to Diogo Mónica, Anchorage co-founder and President, XRP support relies on resources including those developed…

Technicals Point Towards Ripple (XRP) Rally To $0.20 Despite Some Roadblocks

Ripple is trading in a positive zone above the $0.1750 region against the US Dollar. XRP price is likely to accelerate gains in the near term and it could test $0.1880 and $0.2000. Ripple price is slowly gaining bullish momentum above $0.1720 and $0.1750 against the US dollar. There was a sharp spike recently towards $0.1865 before the price corrected lower. There is a major bullish trend line forming with support near $0.1770 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to…

Ripple (XRP) Signaling Fresh Surge Similar to Bitcoin and Ethereum

Ripple is rising steadily from the $0.1680 support area against the US Dollar. XRP price is likely to rally 3%-4%, similar to the recent move in bitcoin and Ethereum. Ripple price is slowly gaining bullish momentum above the $0.1720 level against the US dollar. The bulls are likely aiming an upside break above the $0.1780 and $0.1800 resistance levels. There is a key bearish trend line forming with resistance near $0.1760 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could dip a few points,…