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Ripple (XRP)

Ripple Price Analysis: Is XRP Transforming Into A Stablecoin? Stuck Around The $0.2 Range

XRP saw a tiny 0.6% price increase today as it continues to trade within the descending triangle pattern.The cryptocurrency has been trapped within the triangle for the past five weeks of trading.Against Bitcoin, XRP continues to struggle as it trades at the 2-year low level.Key Support & Resistance LevelsXRP/USD:Support: $0.192, $0.18, $0.175.Resistance: $0.215, $0.22, $0.225.XRP/BTC:Support: 2100 SAT, 2070 SAT, 2050 SAT.Resistance: 2200 SAT, 2300 SAT, 2360 SAT.XRP/USD: XRP Trades...

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Ripple Price Analysis: XRP Trading Near Key Inflection Point

Ripple price is facing an uphill task near the $0.2050 resistance zone against the US dollar.The price must break the $0.2050 resistance zone and then $0.2125 to rise steadily.There is a key connecting bearish trend line forming with resistance near $0.2045 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could also start a major decline if it breaks the $0.1985 support zone.Ripple price is approaching the next key break against the US Dollar. XRP price could...

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Crypto Price Analysis & Overview June 5th: Bitcoin, Ethereum, Ripple, Cardano & CRO

BitcoinBitcoin may have only seen a small 2.5% price surge over the last week of trading, but it was action-packed. On Monday, it surged from $9,426 and managed to rise as high as $10,430 to re-test the 2020 high.Unfortunately, it was unable to keep itself above $10,000 and dropped lower during the week to land at the $9,426 support. It has since bounced higher as it trades at $9,668.Looking ahead, if the buyers continue, the first level of resistance to overcome lies at $9,815. This is...

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Ripple CTO David Schwartz Debunks Speculations about Creation of Ripple Stablecoin

Ripple CTO David Schwartz has debunked all the talks about the company’s plans to replace XRP with Ripple Stablecoin (XRPSC).Ripple‘s XRP is one of the world’s famous digital currencies based on its acceptance and ranking in terms of market capitalization. It stands as one of the digital currencies with new product offerings to deepen its market grip. Ripple has been making headlines all week long as one of Ripple’s officials Brad Garlinghouse held closed-door meetings with Brazilian Central...

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Ripple’s XRP Checks Feature May Surface after 28 Months of Waiting

Checks is one of the amendments on the XRP Ledger Protocol that have been around for long but is yet to achieve a majority vote to become functional on the Ripple network.Since its launch in 2018, Ripple‘s Xpring initiative has invested over $500 million in different projects. Reporters and analysts who tracked Xpring’s investments discovered that it has contributed to more than 27 projects since its inception. Some of the notable projects include Dharma, Compound, Securitize, Forte, and...

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Litecoin (LTC) Price Analysis: Bulls Eyeing Upside Break Above $50

Litecoin price is holding the key support area near $45.50 against the US Dollar.LTC price is likely to continue higher above the $47.80 and $48.00 resistance levels.There are two key bullish trend lines forming with support near $46.40 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains in a positive zone and it seems like the bulls are eyeing a clear break above $50.00.Litecoin price is gaining bullish momentum and trading above key supports against the US...

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Ripple’s Sideways Action Around $0.2 Continues: XRP Updated Price Analysis & Overview

XRP saw a sharp 4.7% price drop today as it trades at $0.204.The coin has been trapped within a descending triangle pattern for the past month with a support floor at $0.192.Against Bitcoin, XRP continues to trade at the 2-year lows as the buyers battle to defend it from slipping further.Key Support & Resistance LevelsXRP/USD:Support: $0.192, $0.18, $0.175.Resistance: $0.215, $0.22, $0.225.XRP/BTC:Support: 2100 SAT, 2070 SAT, 2050 SAT.Resistance: 2200 SAT, 2300 SAT, 2360 SAT.XRP/USD – XRP...

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Analysis: Tether (USDT) Transfers to Exchanges Reached New ATH As Bitcoin Surged Above $10,000

Recent data revealed that the number of Tether (USDT) transfers to cryptocurrency exchanges had reached an all-time high. Interestingly, this preceded the latest price increases within the cryptocurrency market.USDT Goes To ExchangesAccording to the data provided from the monitoring resource company, GlassNode, the number of Tether transfers to exchanges has been surging in the past few weeks. The deposits, measured by a 7-day simple moving average (SMA), recently reached a fresh ATH.Number...

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#895 BTC am Donnerstag interessant, Western Union Übernahmeangebot MoneyGram & Einfluss der USA Unruhen auf Bitcoin

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 895. Heute sprechen wir über folgende Themen: Der BTC Markt wird am Donnerstag erst „interessant“, Western Union Übernahmeangebot für MoneyGram & Einfluss der USA Unruhen auf Bitcoin. 1.) Analyst: Der Bitcoin-Markt wird durch diese Änderung am Donnerstag erst „interessant“https://coin-update.de/analyst-der-bitcoin-markt-wird-durch-diese-aenderung-am-donnerstag-erst-interessant/ 2.) Wie werden die Unruhen in...

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