Ripple (XRP)

A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, XRP and Bitcoin Cash price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.Cryptocurrencies are still correcting and volatility is reducing, so we may expect some good movements in the nearest future. As a rule, low volatility is often...

XRP remains stable above $0.17, while Bitcoin dropped by 2% today.The cryptocurrency rebounded from support at a rising trend line that allowed it to climb back above $0.17 this week.Against Bitcoin, XRP increased by 4% over the past two days as it reaches 2730 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.171, $0.16, $0.156.Resistance: $0.182, $0.191, $0.2.XRP/BTC:Support: 2710 SAT, 2650 SAT, 2600 SAT.Resistance: 2750 SAT, 2800 SAT, 2850 SAT.XRP/USD: Ripple Bulls Battle To...

Santander’s Ripple-powered payments solution, which is set to launch in Mexico, will enhance transparency in operations, improve speed in sending and receiving payment.Aiming at improving transparency, efficiency, and general client satisfaction Spanish bank Santander is going to launch its Ripple-powered payments solution in Mexico later in 2020.This has become known from a Form 20-F filed with the U.S Security and Exchange Commission (SEC) earlier this month, where the Spanish bank revealed...

XRP saw a 6% increase today as it climbs back above $0.171.The cryptocurrency recently dropped lower but managed to rebound at support provided by a rising trend line.Against Bitcoin, XRP met resistance at 2800 SAT again and has dropped int 2750 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.171, $0.16, $0.156.Resistance: $0.182, $0.191, $0.2.XRP/BTC:Support: 2750 SAT, $2710 SAT, 2650 SAT.Resistance: 2800 SAT, 2850 SAT, 2900 SAT.XRP/USD: Ripple Rise Stalled By Bearish .618 Fib...

Ripple price declined recently from the $0.1880 resistance area against the US dollar.The price is now trading below $0.1700, but it is holding the key $0.1600 support.There is a key bullish trend line forming with support near $0.1605 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could only resume its upward move as long as it is above the $0.1600 support area.Ripple price is holding a key uptrend support near $0.1600 against the US Dollar. XRP price is likely...

XRP dropped by a total of 3% today as the cryptocurrency falls beneath the $0.17 level.The coin managed to break above the previous ascending triangle but fell from resistance at $0.191.Against Bitcoin, XRP increased by 13% over the past 2-days as it trades at 2710 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.156, $0.147, $0.136.Resistance: $0.182, $0.191, $0.20.XRP/BTC:Support: 2650 SAT, 2600 SAT, 2525 SAT.Resistance: 2760 SAT, 2800 SAT, 2850 SAT.XRP/USD – Ripple Rise Stalled...

In the past seven days, bitcoin managed to add another 10% to its dollar-value as the price spiked from about $6,000 to its current point at $6,600. Yet, most of the time, it traded within a narrow range between $6,400 and $6,700. The overall volume has also declined, and, as such, the volatility decreased. If one thing is sure, though, is that Bitcoin doesn’t like to stay calm for long periods, and major action is likely underway.Most of the altcoins are following in Bitcoin’s lead and...

BitcoinBitcoin price increased by a total of around 10% this week as it blew past the $6,000 level to reach the resistance at $6,800. It did manage to spike as high as $7,000 but has failed to break above $6,800 for the past 4-days of trading and recently rolled over to reach $6,640.From above, the first level of resistance to break lies at $6,800. Above this, resistance lies at $7,000, $7,200 (bearish .5 Fib Retracement), $7,500, $7,700, and $8,000 (bearish .618 Fib Retracement &...

Ripple Labs is donating $200,000 to two different non-profits to help them amid teh spread of the COVID-19 at the time when scammers are looking for opportunities to cause problems too.Ripple Labs has donated about $200,000 to help halt the spread of coronavirus. The blockchain startup indicated this in a recent tweet. In these challenging times, Ripple is committed to being part of the global response to the COVID-19 pandemic. We’re starting in our own backyard with $100K donations each to...

XRP saw an 8% price increase over the last week as it trades for $0.161.The cryptocurrency is now trading within an acute ascending triangle pattern as it struggles to break above $0.171.Against Bitcoin, XRP created fresh lows for 2020 after breaking beneath 2455 SAT to reach 2360 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.16, $0.14, $0.136.Resistance: $0.171, $0.182, $0.191.XRP/BTC:Support: 2700 SAT, 2650 SAT, 2600 SAT.Resistance: 2410 SAT, 2360 SAT, 2290 SAT.XRP/USD: Ripple...