XRP price is up 7% at the time of writing. The coin’s price seems to be benefiting both due to FOMO action and RippleNet performance.XRP Ledger native coin XRP has broken out of a multi-week falling trend. At the time of writing, XRP that is widely used by Ripple in its solutions, was trading slightly above $0.31, with the bull seeming in control of the price in the coming days.In the past seven days, the asset rose over 40% and jumped over 7% at the time of writing. The rise is double the...
Read More »XRP Stable Above $0.30 Despite Bitcoin’s Rollercoaster (Ripple Price Analysis)
XRP saw a strong 40% price explosion this week as it reached the $0.3 level.Despite Bitcoin’s recent price drop this weekend, XRP remained above $0.3.Against Bitcoin, XRP created a fresh 3-month high as it hit 2720 SAT.XRP/USD: XRP Bulls Remain Strong After Crypto Market DropKey Support Levels: $0.291, $0.28, $0.268.Key Resistance Levels: $0.313, $0.321, $0.331.XRP saw an extraordinary month since breaking above the 200-days EMA at $0.21 toward the end of July. After overcoming this level, it...
Read More »Market Watch: Altcoins On Fire As Bitcoin Dominance Taps Yearly Lows
Following the wild weekend ride in the cryptocurrency market, the situation appears less volatile now, at least among most large-cap assets. Bitcoin has returned to $11,200, while Ethereum hovers above $380. Some lower-cap altcoins, however, are displaying high fluctuations again.A Breath Of Stability For BitcoinThe weekend was nothing short than volatile for the primary cryptocurrency. On Saturday, Bitcoin went on a bull run and marked a new yearly high of above $11,700. Although it retraced...
Read More »Ripple Price Analysis: Rally Could Gather Pace Again Above $0.30
Ripple price rallied significantly above the $0.3000 and $0.3100 levels against the US dollar.The price corrected lower sharply from $0.3260, but the bulls defended $0.2720.There are two key bullish trend lines forming with support near $0.2850 and $0.2785 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 $0.2980 and $0.3000 resistance levels.Ripple price is trading in a strong uptrend above $0.2720 and $0.2800...
Read More »Ripple Records 30% Price Increase In 7 Days: Still 93% Below ATH (XRP Analysis)
XRP saw a strong 9.5% surge today as it reached as high as $0.27.This price increase caused XRP to create a fresh 5-month high.Against Bitcoin, XRP is recovering as it finally managed to break above the 100-days EMA at 2200 SAT.XRP/USD: XRP Bulls Reach Fresh 5-Month HighsKey Support Levels: $0.255, $0.245, $0.234.Key Resistance Levels: $0.27, $0.282, $0.29.XRP managed to surge by 30% this week. The coin had started the week by trading beneath the 200-days EMA at $0.21. From there, it broke...
Read More »July Marks Bitcoin’s 2nd Highest Monthly Close Ever After December 2017
Bitcoin shows no signs of slowing down. After painting a fresh high for 2020, the cryptocurrency continued to push, reaching $11,745 on Binance.In any case, BTC is not the only cryptocurrency that’s ripping this week. Ethereum (ETH) is also making tides on its own.Bitcoin’s Highest Monthly Close Since Dec 2017There’s currently no doubt that the bulls are back, and Bitcoin’s price is feeling their presence. As CryptoPotato reported earlier today, the state of the market is currently parabolic,...
Read More »Altcoins In Deep Green As Bitcoin Skyrockets: Market Cap Heading To $350 Billion
Green is the predominant color in the cryptocurrency markets, with some massive gains across the leading cryptos. Bitcoin marked a new yearly high of above $11,700, while Ethereum exceeded above the $350 level.Bitcoin Rejoice At A New Yearly HighBitcoin’s first days in July were rather dull as it traded sideways in a tight range. It appears, however, that the primary cryptocurrency doesn’t want to repeat this dullness in August. During the past three days, BTC headed upwards from about...
Read More »Ripple Reportedly Paid MoneyGram (MGI) $15.1 Million in Development Fees in Q2
Following a year-long partnership with Ripple, MoneyGram International Inc (NASDAQ: MGI) in its Q2 2020 report revealed that it got $15.1 million from the blockchain news.In its Q2 2020 performance report released on July 30th, MoneyGram International Inc (NASDAQ: MGI) has revealed that it received $15.1 million from Ripple, the blockchain firm that widely uses the XRP coin in its solution. As an existing partner of the crypto-centric firm, the $15.1 million sum was categorized as “market...
Read More »Crypto Price Analysis & Overview July 31st: Bitcoin, Ethereum, Ripple, Chainlink & VeChain
BitcoinBitcoin saw a massive 17.7% price surge over the past week. During the past fortnight, Bitcoin managed to break above a symmetrical triangle pattern as it started to push higher to reach $9,815 by the start of this week.Bitcoin then went on to explode above $10,000 as it reached as high as $11,400 on some exchanges. The coin has struggled to break this resistance over the past 4-days and must overcome it for the bullish run to continue.Looking ahead, if the bulls can break resistance...
Read More »One Pay FX: Santander Bank und Ripple lancieren weltweite Zahlungsapp
Ripple Live Transaction: Santander’s One Pay FX Santander S.A., das grösste Bankunternehmen Spaniens, hat mit One Pay FX eine auf dem Ripple-Netzwerk basierende Zahlungsapp veröffentlicht. Zahlungen können damit ohne zeitliche Verzögerung über Landes- und vor allem Währungsgrenzen hinweg vorgenommen werden. Aus Sicht des Ripple-Entwickler-Teams macht vor allem die „flüssige,...
Read More »