Ripple (XRP)

BitcoinBitcoin witnessed a 1.5% price decline over the past week as the cryptocurrency drops into the $9,190 level. The coin was trading at this price at the start of the week as it managed to push higher into the $9,815 level. BTC was unable to overcome this resistance, which caused it to fall back into $9,190.The crucial thing about this week’s price drop is the fact that BTC looks like it broke beneath a rising trend line that has been in play since mid-March 2020. If BTC continues beneath...

Chris Larsen says that the development of organizations like Ripple is a way for the U.S. to go for the crypto space.Ripple co-founder Chris Larsen is concerned about the U.S. regulatory response to blockchain technology. He indicated this during an interview with Wall Street journalist Paul Vigna. When asked about his views on Facebook‘s jumping into the crypto space Larsen said that Facebook “coming on board” was a major milestone.He admitted that Facebook’s Libra project ran into “quite a...

Litecoin price started a sharp decline after it failed to clear the $45.00 resistance against the US Dollar.LTC price is now trading well below $43.50 and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $44.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains at a risk of another decline if it fails to stay above $41.00 and $40.00.Litecoin price is trading in a bearish zone against the US Dollar, similar...

XRP saw a small 1.5% price drop over the past 24 hours as it fell to $0.184.The cryptocurrency has returned to the lower boundary of a descending triangle and looks to be headed beneath.Against Bitcoin, XRP dropped beneath 2000 SAT to reach 1950 SAT and creates fresh lows for 2020.Key Support & Resistance LevelsXRP/USD:Support: $0.175, $0.171, $0.157.Resistance: $0.192, $0.20, $0.207.XRP/BTC:Support: 1950 SAT, 1900 SAT, 1890 SAT.Resistance: 2022 SAT, 2050 SAT, 2100 SAT.XRP/USD: XRP Bulls...

Ripple is moving its wheels faster than the prior years in increasing XRP adoption and also onboarding more customers on its ODL services and the Asian market will be one of the priorities for the company in the nearest future.Through an interview that was published on June 19, 2020, Adam Traidman the CEO of SBI Ripple Asia, BRD wallet and SBI Mining Chip Co. confirmed that ODL capabilities are going to go full scale in Asia market later this year or early next year.Among other issues...

Platform: BityardURL: https://www.bityard.com/Company: BItyard Blockchain LimitedCountry: SingaporeLicenses: Bityard is regulated and licensed under the Singapore’s ACRA, USA’s MSB from FinCEN, US Dept. of Treasury, Estonia’s MTR, and Australia’s AUSTRACTrading Instruments: BTC/USDT, ETH/USDT, LTC/USDT, XRP/USDT, BCH/USDT, ETC/USDT, EOS/USDT, TRX/USDT, DASH/USDT, LINK/USDTPayment Methods: BTC, ETH, XRP, EOS, TRX, HT, USDT (Omni, ERC20, TRC20), Visa, MasterCardMotto: “Complex Contract, Simple...

XRP saw a small 1.7% price increase today after bouncing from $0.184 to reach the current $0.188 level. The cryptocurrency is dangerously close to falling beneath a descending triangle formation, which would cause it to plummet. Against Bitcoin, XRP is entering the abyss after falling beneath the 2000 SAT support. Key Support & Resistance Levels XRP/USD:Support: $0.18, $0.175, $0.171.Resistance: $0.192, $0.20, $0.207.XRP/BTC:Support: 1950 SAT, 1900 SAT, 1890 SAT.Resistance: 2022 SAT,...

Ripple price is currently correcting higher from the $0.1840 support zone against the US dollar.The price is facing a strong resistance near the $0.1900 level and the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $0.1900 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could either rally above the $0.1920 resistance or start another downward move.Ripple price is trading in a bearish zone below the $0.1920...

A former chairman of the Commodity Futures Trading Commission – Chris Giancarlo – has come to the defense of Ripple and claimed that it is not a security.Chris Giancarlo: Leave XRP AloneRipple has been at the center of a controversial class-action lawsuit for many months, now. Several early investors claim that the company has lied about the currency’s status as a non-security. One investor has even gone so far as to claim that Ripple is a never-ending initial coin offering (ICO).To be fair,...

BitcoinBitcoin saw a period of sideways movement over the past week as it dropped by a small 0.5%. The cryptocurrency has pretty much traded between $9,600 and $9,200 over the past seven days as it remains above the rising trend line support.So long as BTC can continue above this rising trend line, the bullish trend would be intact.Looking ahead, if the buyers push above $9,600, the first two levels of resistance lie at $9,815 and $10,000. Above this, additional resistance is found at $10,226...