Ripple (XRP)

Ripple price is trading nicely above the $0.2900 support zone against the US dollar.The price is currently consolidating below the $0.3080 and $0.3100 resistance levels.There was a break above a major declining channel with resistance near $0.2965 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to resume its upward move once it clears the $0.3080 and $0.3100 resistance levels.Ripple price is trading in a positive zone above $0.2900 against the US Dollar....

Bitcoin (BTC)Bitcoin is more or less around the price it was traded a week ago, but this comes after a raging week as the coin plunged to a weekly low around $11,100.Shortly before, Bitcoin made another push towards the current high at $12,100 (1.272 Fib Extension), for the second time in 10 days. Unfortunately, BTC was unable to sustain this high.Just one day after, Bitcoin lost almost $1000, however quickly recovered to the support level around $11,400 (.236 Fib Retracement and prior high)....

Garlinghouse said that Ripple’s XRP solves the $10 trillion cross-border problems. He confirmed that the company’s strategy is still on course.Brad Garlinghouse, the CEO of Ripple, has responded to a statement made by New York Times technology reporter Nathaniel Popper about the investment in XRP and potential outcomes.According to Popper, it would have been a mistake if any investors put their funds in XRP-based on the assertion by Garlinghouse that banks planned to use the Ripple platform...

XRP stopped falling. On Friday afternoon, the asset is consolidating at $0.2942 USD.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.As we can see in the H4 chart, the cryptocurrency is still correcting after completing a rising impulse. Within this correction, there are both short-term and mid-term (triangle) channels. The MACD lines are directed downwards, thus confirming a correctional movement but the green histogram indicates a possible breakout of the local resistance at $0.3007. If...

Bitcoin’s dominance over the market continues to suffer even though BTC has recovered from its dips and trades at $11,750.This is primarily because of numerous impressive alt pumps, including Ethereum, which finally broke above $400 after its significant price surge.Ethereum Over $400, LINK (Another) ATH, Alts RejoiceThe second-largest cryptocurrency by market cap is among the most impressive gainers from the past 24 hours. Ethereum dipped below $380 yesterday, but bulls took control and...

Litecoin price found support near the $52.00 level and remained well bid against the US Dollar.LTC price is currently rising above the $55.00 level and testing the 55 simple moving average (4-hours).There is a major declining channel forming with resistance near $57.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to accelerate higher if it clears the $58.00 and $60.00 resistance levels in the near term.Litecoin price is trading in a positive zone above...

Goldman Sachs has sold off 9% of its MoneyGram shares worth $6.5 million. The investment banking giant revealed this is an SEC regulatory filing this week.Goldman Sachs Group Inc (NYSE: GS) has sold approximately 9% of its shares in Ripple-backed payment and remittance service provider MoneyGram International Inc (NASDAQ: MGI). The sell-off was confirmed by Goldman Sachs (GS) in a regulatory filing with the Securities and Exchange Commission (SEC). The investment banking giant claimed it had...

Ripple is keeping its longstanding dream of becoming the Amazon of the cryptocurrency world in 5 years to come. The firm is positive it will achieve this thanks to its unique products which can find uses in both government and privately-owned companies.Ripple Labs, the fintech company behind the development and issuance of the digital currency Ripple (XRP) coin is still aiming at its long term goal of becoming the ‘Amazon’ of the cryptocurrency world. First disclosed by Ripple CEO Brad...

XRP dropped by a small 1% today as the bulls defend $0.28.The coin found resistance at $0.313 earlier in the month and has been falling ever since.Against Bitcoin, XRP dropped beneath the 200-days EMA today as it falls to 2400 SAT.XRP/USD: XRP Bulls Defending $0.28 LevelKey Support Levels: $0.28, $0.264, $0.245.Key Resistance Levels: $0.3, $0.313, $0.321.So far, XRP dropped by a total of 14% since hitting a peak of $0.329 earlier in August. More specifically, the coin was never able to close...

The big boys on crypto markets such as Bitcoin, Ethereum, and XRP may be slumping today, but DeFi tokens are still on fire. Five of the top six performing tokens in the top one hundred are related to DeFi, and there is a good reason for that.Enter the YamA new yield farming opportunity called Yam Finance has been launched promising huge returns and a revolutionary and fair financial farming ecosystem. Since it launched late on Tuesday, August 11, yield farmers have been loading up on DeFi...