Ripple (XRP)

XRP saw a 1.5% price rise over the past 24 hours as it managed to climb above the $0.20 level again.The cryptocurrency is facing resistance at the 100-days EMA now.Against Bitcoin, the XRP woes continue as it keeps trading at lows not seen since December 2017.Key Support & Resistance LevelsXRP/USD:Support: $0.20, $0.192, $0.18.Resistance: $0.208, $0.225, $0.235.XRP/BTC:Support: 2100 SAT, 2071 SAT, 2022 SAT.Resistance: 2200 SAT, 2300 SAT, 2360 SAT.XRP/USD: Ripple Facing 100-days EMA...

Litecoin price declined heavily after it failed to clear the $50.00 resistance against the US Dollar.LTC price traded as low as $39.40 and it is currently correcting higher.There was a break above a short term contracting triangle with resistance near $42.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could spike towards the $44.00 and $45.00 resistance levels in the near term.Litecoin price is showing sign of a decent upward move against the US Dollar and...

RAKBANK announced the expansion of RAKMoney Transfer (RMT) services using Ripple blockchain technology RippleNet. The new service will be used along the Bangladeshi corridor by partnering with Bank of Asia.Ripple Labs is living up to its promise of reducing the sale of XRP to focus on utility and its product-market expansion in 2020 and beyond. It was confirmed after RAKBANK announced that it will be leveraging RippleNet blockchain technology in an instant remittance solution to Bangladesh...

A new product on the Ripple network would not only reduce the time required to avail capital loans but also improve transparency between the parties involved.The company behind the blockchain payment protocol and exchange network Ripple seems to be working on a new loans product. Recently, the company posted a new job offering on its website, which allows for such a conclusion. Ripple is looking for a Director of Product Management, Loans and will welcome someone with strong leadership skills...

XRP saw a 1% price increase today as it attempts to reclaim the $0.20 level.The cryptocurrency broke beneath the rising trend line but found support at a .382 Fib Retracement ($0.192).Against Bitcoin, XRP continues to struggle as it trades at just 2250 SAT, down from the 2750 SAT April high.Key Support & Resistance LevelsXRP/USD:Support: $0.192, $0.18, $0.175.Resistance: $0.20, $0.21, $0.215.XRP/BTC:Support: 2225 SAT, 2220 SAT, 2190 SAT.Resistance: 2260 SAT, 2300 SAT, 2360 SAT.XRP/USD:...

Tether (USDT) has become the third-largest crypto in terms of its market capitalization that is said to reach $8.8 billion.Tether (USDT) has become the third-largest cryptocurrency. This occurred as the Bitcoin halving event occurred seamlessly. Sources report large inflows of the world’s largest stablecoin into exchanges.Tether (USDT) now has a market capitalization of about $8.8 billion. This places the Ethereum-based token as the second most capitalized altcoin after Ethereum (ETH).As of...

Block 630,000 was mined yesterday, and with it, the third Bitcoin halving was successfully completed. From here on, miners will receive 6.25 BTC for adding new blocks to the network.The hours before the event were fairly turbulent for BTC’s price, but it seems that it has calmed down, at least for now.Bitcoin Price Steady Following The HalvingA bit more than 15 hours after Bitcoin’s halving took place at block 630,000, the price seems relatively stable. At the time of the event, BTC was...

Ripple price started a major decline from well above the $0.2300 level against the US dollar.The price is now trading in a bearish zone below the $0.2000 pivot level.There was a break below a crucial bullish trend line with support near $0.2165 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could correct a few points, but the bears are likely to protect $0.2085 or $0.2110.Ripple price is currently recovering from the $0.1880 swing low against the US Dollar. XRP...

Ripple turned bearish after losing 17% to reach a key demand level at $0.175There’s no bullish sign for XRP at the moment as bears show more interestAgainst Bitcoin, Ripple dropped to a new monthly low at 2130 SAT levelXRP/USD: Ripple Drops To $0.175Key Resistance Levels: $0.20, $0.222, $0.235Key Support Levels: $0.175, $0.163. $0.146XRP/USD. Source: TradingViewRipple saw a daily 17% drop to $0.175, following a sudden collapse in the entire cryptocurrency market. In anticipation of the...

Ripple boss Brad Garlinghouse announced plans to take the company public ‘in 12 months’ at Davos 2020. With XRP prices dropping by around 46% last year, will Ripple IPO boost it’s token’s price this year?Since 2012, Ripple along with its native crypto token XRP has gathered significant prominence in the blockchain and the cryptocurrency space. So much so that currently XRP is the 3rd largest digital asset in the world while Ripple has plans for an IPO.The company has primarily been privately...