Tag: XRP

Ripple Price (XRP) Eyes Fresh Increase While Bitcoin Rallies

Crypto Bit News Staff

Ripple price is facing a strong resistance near the $0.2900 and $0.2920 levels against the US dollar. Bitcoin price rallied recently and even broke the $10,600 and $10,800 resistance levels. Yesterday’s highlighted bullish trend line is active with support near $0.2750 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could decline a few points, but it remains supported above $0.2700. Ripple price is currently correcting gains from $0.2920 against the US Dollar, while bitcoin jumped above $10,800. XRP price is likely to climb sharply…

Ripple Price (XRP) Rebounding Nicely As Bitcoin Holding Above $10.2K

Crypto Bit News Staff

Ripple price is currently trading with a positive bias above $0.2750 against the US dollar. Bitcoin price climbed above the $10,200 and $10,300 resistance levels to start a decent recovery. There is a key bullish trend line forming with support near $0.2700 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to accelerate higher above the $0.2900 and $0.2950 resistance levels. Ripple price is currently rebounding with a positive bias against the US Dollar, similar to bitcoin. XRP price must surpass the $0.2920…

Bitcoin Circles $10,400 as Altcoins Rally, XRP Posts 10% Gains

Crypto Bit News Staff

Sunday, Aug. 18 — Crypto markets are seeing a strong surge of green, with altcoins posting the strongest gains and Bitcoin (BTC) circling the $10,400 mark. Market visualization. Source: Coin360 After yesterday’s correction, BTC is today up nearly 2%, bringing it to $10,393 by press time.  While still roughly $1,000 short of its price point at the start of its 7-day chart,  (Aug. 11), today’s recovery has kept the top coin comfortably above the $10,000 psychological price point. During a brief downturn mid-week on Aug. 15, Bitcoin had dropped as…

Ripple Price (XRP) Showing Recovery Signs, Bitcoin Back Above $10.2K

Crypto Bit News Staff

Ripple price trimmed losses after it traded as low as $0.2336 against the US dollar. The price is currently trading above the $0.2500 pivot level with a few positive signs. A major contracting triangle pattern is forming with resistance near $0.2670 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to recover towards the $0.2800 resistance as long as it is above the $0.2500 support. Ripple price is showing signs of a decent recovery against the US Dollar, while bitcoin recovered 3%. XRP…

XRP Could Fall 20% Says Trader Accusing Ripple of Manipulating Market

Crypto Bit News Staff

Altcoin XRP has received fresh claims its price is artificially high as a well-known cryptocurrency trader warns of serious losses.  Brandt: Ripple manipulated XRP for years In a series of tweets Aug. 14, Peter Brandt accused the issuer and largest holder of XRP tokens, Ripple, of price manipulation.  XRP had dropped to its lowest level against Bitcoin (BTC) in over two years, while XRP/USD circled 11-month lows. For Brandt, however, even current levels of $0.26 are the result of manual intervention on the part of Ripple, and not natural market…

Ripple Price (XRP) Decline Could Accelerate: BTC and ETH Weakens Further

Crypto Bit News Staff

Ripple price declined sharply after it broke the key $0.2900 support area against the US dollar. The price is down more than 10% and even tumbled to test the $0.2350 level. A short term breakout pattern is forming with resistance near $0.2685 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to accelerate its decline once it breaks the $0.2580 and $0.2500 support levels. Ripple price is down and out against the US Dollar and bitcoin. XRP price is now trading in a…

Ripple Price (XRP) Targets Fresh Weekly Low After Bitcoin Nosedives

Crypto Bit News Staff

Ripple price is trading in a downtrend below the $0.3000 and $0.3050 resistances against the US dollar. The price is likely to extend its decline considering the recent decline in bitcoin price below $11,000. There is a major bearish trend line forming with resistance near $0.2980 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is facing an uphill task and it could even break the $0.2900 support area in the near term. Ripple price is trading with a bearish angle against the US Dollar,…

XRP Price Crashes by 40% on Beaxy Exchange After Coordinated Sell-Off

Crypto Bit News Staff

Newly-launched cryptocurrency exchange Beaxy has suspended trading after some users deliberately crashed the price of altcoin Ripple (XRP).  XRP/BTC dips 40% According to a blog post and social media messages, beginning on Aug. 12, Beaxy experienced a sudden surge in XRP trading volumes, with a huge sell-off reducing XRP/BTC to 40% of its price on other exchanges. “As a result and precaution, we are temporarily halting all trading activity and withdrawals across the exchange as we investigate,” the blog post reads. XRP/BTC 3-day trade volume on Beaxy. Source: Beaxy Beaxy…