Ripple (XRP) Price Poised For Further Gains, Bitcoin Rising

Ripple price is gaining momentum and it is rising above $0.2250 against the US dollar. The price is likely to continue higher above the $0.2320 and $0.2350 resistance levels. There is a key bullish trend line forming with support near $0.2265 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum is approaching the $152 resistance, above which it could rally. Ripple price is showing a lot of positive signs against the US Dollar, similar to bitcoin. XRP price remains well supported and it could rally above…

Top-5 Cryptos This Week: XTZ, ATOM, XRP, XMR, BNB

The New York Digital Investment Group LLC (NYDIG) has received approval from the United States Securities and Exchange Commission (SEC) to offer its shares to institutional investors, including registered investment advisers, their clients and other eligible investors.  The fund aims to invest in cash-settled BTC futures traded on exchanges that are registered with the U.S. Commodity Futures Trading Commission. Though the increasing number of offerings by various companies targeting the institutional investor is a positive sign, the larger players have been slow to invest in the space due to regulatory…

Japanese Financial Giant SBI Holdings Considers Paying Dividends in XRP

Japanese financial services giant SBI Holdings is considering to pay shareholder dividends in the form of XRP tokens, following the same practice by its subsidiary MorningStar. After MorningStar started offering its shareholders dividends in XRP earlier this year, SBI CEO Yoshitaka Kitao revealed that the company is now considering to follow suit, Cointelegraph Japan reported on Dec. 5. SBI would launch the program during the fiscal year ending in March 2020, with Kitao further stating that it is opt-in. MorningStar’s XRP dividends grew SBI’s crypto business MorningStar Japan, an independent…

Ripple (XRP) Price Primed For Further Upsides

Ripple price is trading nicely above the $0.2180 pivot area against the US dollar. The price is likely to slowly rise towards the $0.2265 and $0.2300 resistance levels. There is a major bullish trend line forming with support near $0.2180 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum is also rising, but it is struggling to clear the $150 and $152 resistance levels. Ripple price is back in a positive zone against the US Dollar and bitcoin. XRP price must climb above $0.2265 to continue…

Ripple (XRP) Price Could Revisit $0.2000, BTC & ETH Under Pressure

Ripple price rallied recently above the $0.2220 resistance, but failed near $0.2265 against the US dollar. The price currently declining and it is approaching the pre-rally level near $0.2100. There is a new bearish trend line forming with resistance near $0.2210 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum is also down and moving towards the $142 support area. Ripple price is still trading in downtrend despite the recent rally against the US Dollar, similar to bitcoin. XRP price is likely to revisit the $0.2000…

Ripple (XRP) Price Remains In Downtrend, BTC & ETH Down 3%

Ripple price is declining and it is now trading below the $0.2180 support against the US dollar. The price is trading in a downtrend and it seems like the bears are aiming $0.2000. This week’s major bearish trend line is still active with resistance near $0.2205 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum also traded below the key $145 support and it could retest $135. Ripple price is showing signs of further losses against the US Dollar and bitcoin. XRP price is likely to…