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Ripple (XRP)

XRP Dips Below $0.30 Following Bitcoin’s Latest Dive, What’s Next? (Ripple Price Analysis)

XRP fell by a total of 4% today as the coin drops back beneath $0.3 to reach $0.293.At the start of this week, XRP attempted to push higher as it spiked to $0.331.Against Bitcoin, XRP returned to the 200-days EMA at 2470 SAT today.XRP/USD: XRP Breaks Beneath $0.30 Once AgainKey Support Levels: $0.286, $0.264, $0.25.Key Resistance Levels: $0.3, $0.313, $0.321.XRP managed to push above $0.3 on Monday as the coin penetrated a short-term falling price channel. The cryptocurrency reached as high...

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Bitcoin Price Down 3% Today, Trading at $11,800 Now

Yesterday, Bitcoin lost 4.4%, but bulls were striving to help it close above $12,000. And Bitcoin did, closing at $12,108. Before this correction, Bitcoin saw a 6-day run in which it gained 11.93%. However, the pullback allowed for a retest of the $11,500 level.After a long and steady growth, Bitcoin (BTC) has slightly receded from a strong position today. At the moment of writing, Bitcoin is 3.60% down, trading at a price of $11,818.76. But despite this correction, bulls are optimistic about...

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Bitcoin Slows Down After Touching $12,500: Crypto Market Watch

Bitcoin bulls have successfully retained its price above the psychological $12,000 level after yesterday’s push.Elsewhere, Chainlink retraced considerably since marking consecutive ATHs, while Yearn.Finance reached a fresh all-time high just a few hours ago.Bitcoin Price Holds $12,000The primary cryptocurrency attempted to overcome the $12,000 mark a few times this year without any success. Each time, the bears stepped in and drove the price south rather rapidly.After yesterday’s price surge...

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XRP Records 14-Days Peak: New 2020 High Incoming? (Ripple Price Analysis)

XRP saw a 6% price increase today as the buyers manage to rise above $0.31Last week, the coin found strong support at $0.28, which allowed it to push higher and reclaim $0.3 over the weekend.Against Bitcoin, XRP bounced from 2435 SAT last week to reach the current 2555 SAT level.XRP/USD: XRP Bulls Break Bullish Flag PatternKey Support Levels: $0.3, $0.28, $0.264.Key Resistance Levels: $0.313, $0.321, $0.341.Last week XRP fell from a resistance level above $0.30 and found support at $0.28. The...

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Ripple Price Analysis: Bullish Break Above $0.31 Seems Likely

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....

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Crypto Price Analysis Aug 14: Bitcoin (BTC), ETH, XRP, LINK, WAVES

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)....

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Ripple CEO Responds to Criticism from New York Times Reporter

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...

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XRP Price & Technical Analysis: XRP Took a Break

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...

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BTC Dominance At 1-Year Lows as Ethereum Skyrockets 9%

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...

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Litecoin (LTC) Price Analysis: Bulls Aiming Bullish Break Above $60

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...

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