Tag: XRP

Ripple (XRP) Price Is Following Uptrend: BTC & ETH Continue To Struggle

Crypto Bit News Staff

Ripple price started a fresh increase and it surged above $0.3000 against the US dollar. The price is currently correcting higher after trading to a new monthly high near $0.3040. Earlier, there was a break above a declining channel with resistance near $0.2860 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is slowly correcting lower and it could find bids near the $0.2940 and $0.2920 levels. Ripple price is moving nicely in a positive zone against the US Dollar and bitcoin. XRP price remains…

Bitcoin Price Hovers Above $8,000 While XRP Jumps 5% on the Day

Crypto Bit News Staff

Thursday, Oct. 17 — Bitcoin (BTC) is hovering just above the $8,000 price mark, while XRP shows impressive gains on the day. Cryptocurrency market daily overview. Source: Coin360 For most of the day, the world’s largest cryptocurrency has been trading within a tight range between $8,000 and $8,100. BTC traded from an intraday low of around $8,010 up to $8,135 before hitting its current trading price of $8,062, showing a subtle gain of around 1% in the past 24 hours. Cointelegraph reported today that notorious crypto skeptic Nouriel Roubini had finally…

Ripple (XRP) Price Breaks Key Support, More Downsides Possible

Crypto Bit News Staff

Ripple price failed to hold the key $0.2850 support and extended its decline against the US dollar. The price is currently correcting higher, but it is likely to face sellers near $0.2850 and $0.2880. This week’s followed key bullish trend line was breached with support near $0.2855 is intact on the hourly chart of the XRP/USD pair (data source from Kraken). The price is now facing a strong resistance near the $0.2860 and $0.2880 levels. Ripple price is struggling to hold gains against the US Dollar and bitcoin. XRP price…

Xpring Invests in Swedish Startup to Build XRP Hardware Wallet Firmware

Crypto Bit News Staff

Ripple’s investment arm and tech incubator Xpring has invested in Swedish cryptocurrency self-custody startup Towo Labs to build hardware wallet firmware. Xpring announced the news in a blog post on Oct. 16, stating that the startup plans to develop a new version of the XRP Toolkit and hardware wallet firmware supporting all XRP Ledger transaction types, as well as a non-custodial web interface. In a parallel announcement, Towo Labs said that the firmware will support signing cross-currency payments, escrows, orders, and trust lines, among other things. It will also enable…

Ripple (XRP) Price Holding Key Support But Can It Gain Strength?

Crypto Bit News Staff

Ripple price started a downside correction after setting a new monthly high at $0.2993 against the US dollar. The price declined below the $0.2920 support area and tested the $0.2840 support area. Yesterday’s highlighted major bullish trend line with support near $0.2860 is intact on the hourly chart of the XRP/USD pair (data source from Kraken). The price remains supported near the $0.2860 and $0.2820 levels in the near term. Ripple price is holding an important support area against the US Dollar and bitcoin. XRP price must stay above $0.2800…

XRP Price Exits Downtrend to Hit Three-Week High

Crypto Bit News Staff

XRP has been on the offensive, having ended a 3.5-month-long downtrend with a move to three-week highs. The world’s third-largest cryptocurrency by market capitalization clocked a high of $0.2993 Tuesday, the highest level since Sept. 21, according to CoinDesk’s price index. As of writing, XRP has pulled back slightly and is changing hands at $0.2879, representing a 3.8 percent drop on the day after reaching its local peak. Notably, prices are up more than 25 percent from the low of $0.2343 registered on Sept. 26. Further, XRP is the third-best…

Ripple (XRP) Price Gaining Momentum While BTC Is Consolidating

Crypto Bit News Staff

Ripple price is climbing higher and it recently surpassed the $0.2950 resistance against the US dollar. The price is moving towards $0.3000 and it could rally sharply above $0.3020. There is a rising channel forming with support near $0.2940 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could dip a few points, but it remains well supported near $0.2940 and $0.2860. Ripple price is rising steadily against the US Dollar, bitcoin and Ethereum. XRP price is likely to surpass $0.3000 and gain strength above…

Ripple (XRP) Price Up 4% While BTC and ETH Are Consolidating

Crypto Bit News Staff

Ripple price is showing positive signs and it recently gained pace above $0.2800 against the US dollar. The price is up around 4% and it is currently testing the key $0.2850 resistance area. There is a major bullish trend line forming with support near $0.2770 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could correct lower in the short term, but dips remain supported near $0.2770 and $0.2750. Ripple price is gaining bullish momentum against the US Dollar, bitcoin and Ethereum. XRP price must…

BNB Gains 23% Plus Other Top-5 Cryptos This Week: LINK, HT, XRP, TRX

Crypto Bit News Staff

The United States Securities and Exchange Commission (SEC) has been in the thick of the action over the past week. First, the SEC rejected the Bitcoin ETF application from Bitwise Asset Management and NYSE Arca. Next, the governing body obtained a temporary restraining order against Telegram and its wholly-owned subsidiary Telegram Open Network (TON) for hosting a securities sale which would culminate with the distribution of Gram (GRM) tokens within the U.S. The SEC claims that the ICO was illegal as Telegram did not register the offering.  While both news…