Ripple (XRP)

Bitcoin and most altcoins have retraced slightly in the past 24 hours, after a few days of gains. Interestingly, similar price fallbacks are visible in the traditional stock markets, as the Dow Jones is down by 1.4%.Bitcoin’s False BreakoutAfter the unsuccessful attempt to conquer $9,500, Bitcoin hovered above the significant 50-MA level at $9,300. However, the primary cryptocurrency has since slipped below it as it went from $9,440 to its current position at $9,150 in a few hourly candles....

Ripple Labs has said XRP is much more energy-efficient than Bitcoin as it was designed with sustainability in mind.Ripple Labs has indicated that XRP is 57,000 times more environmentally friendly than Bitcoin (BTC). The company said this in a recent blog post titled: “The Environmental Impact: Cryptocurrency Mining vs. Consensus”.It comes as XRP prices gained over 3% in the last 24 hours. At the time of filing this report, XRP price was at $0.206573 (+3.71%).In the report, Ripple considered...

Litecoin price started a fresh increase from the $40.50 and $40.00 support levels against the US Dollar.LTC price is now trading nicely above the $44.00 level and the 55 simple moving average (4-hours).There was a break above a significant bearish trend line with resistance near $42.30 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is currently consolidating near the $45.50 resistance and it could continue to rise.Litecoin price is rising again and trading above...

Marcus Treacher says that Ripple is working hard to expand its On Demand Liquidity (ODL) platform to offer more corridors this year. XRP price is up.XRP price has shot up by over 7%. This is happening as a Ripple Labs executive has confirmed that an XRP remittance platform has gone live in Europe. Sources say that Ripple Vice-President of customer success Marcus Treacher revealed this XRP related news in a recent interview.In the interview, Marcus alluded to the fact that Ripple has shut down...

XRP saw a serious 8.3% increase today as it returned to the $0.2 level.The latest price rise allowed XRP to climb above the 100-day EMA as it attempts to start a recovery.Against Bitcoin, XRP finally rebounded from 1900 SAT to climb toward 2160 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.196, $0.192, $0.175.Resistance: $0.21, $0.215, $0.225.XRP/BTC:Support: 2100 SAT, 2070 SAT, 2000 SAT.Resistance: 2200 SAT, 2250 SAT, 2360 SAT.XRP/USD: XRP Bulls Reclaim $0.2XRP started July off...

Numerous alternative coins are booming during the past 24 hours, while Bitcoin remains stable. Consequently, this has raised the question of whether or not the cryptocurrency market is entering another altcoin season.Altcoins PumpingThe majority of the market is well in the green today, with some impressive gains from altcoins. Yet, none has increased its value from the top 100 coins by market cap more than Dogecoin (DOGE).Its surge of over 50% means that DOGE is now trading at $0.0043 and 46...

The past 24 hours were somewhat positive for most financial markets, including the cryptocurrency field. While Bitcoin was on the rise and gained $300 intraday, the S&P 500 index and the Dow Jones are up by nearly 2%. Nasdaq marked a new all-time high after an increase of 2.2%Crypto Market Goes UpAlthough Bitcoin was fighting to remain above the coveted $9,000 mark hours ago, the bulls managed to gain control and pushed it upwards. The primary cryptocurrency registered price increases as...

XRP saw a sharp 6% price rise over the past 24 hours to bring it to $0.186.Before this, XRP was trading sideways along with the support at $0.175.Against Bitcoin, XRP rebounded from 1900 SAT to reach 2000 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.175, $0.171, $0.157.Resistance: $0.195, $0.20, $0.21.XRP/BTC:Support: 1950 SAT, 1900 SAT, 1890 SAT.Resistance: 2050 SAT, 2100 SAT, 2200 SAT.XRP/USD: XRP Bulls Finally Wake UpXRP fell beneath a descending triangle pattern toward the...

Tesla (TSLA) stock jumped 5.5% in the pre-market. The company is diversifying its product range taking reservations for Cybertruck in the Chinese market.After closing the markets yesterday with a significantly huge breakout, Tesla Inc (NASDAQ: TSLA) shares are now aiming at setting a new ATH, which might be attained soon enough. Led by the ambitious engineer Elon Musk, the company is proving to be the giant ready to tackle any hurdle in the future. Meanwhile, Tesla offers its customers in...

Ripple price is likely forming a strong support above the $0.1735 level resistance against the US dollar.The price is slowly rising above $0.1750 and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $0.1760 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is showing signs of upside continuation above the $0.0178 and $0.0180 resistance levels.Ripple price is starting a decent increase from the $0.1692...