Ripple (XRP)

XRP dropped by a total of 8% over the past week as the coin fell to the $0.183 level.This weekly price decrease has caused XRP to plunge beneath the descending triangle pattern that it was trading within.Against Bitcoin, XRP penetrated beneath the 2070 SAT support as the buyers battle to defend 2022 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.175, $0.171, $0.157.Resistance: $0.187, $0.192, $0.2.XRP/BTC:Support: 2022 SAT, 2000 SAT, 1950 SAT.Resistance: 2071 SAT, 2100 SAT, 2200...

Ripple price is trading in a bearish zone below the $0.1945 resistance zone against the US dollar.The price failed to correct above $0.1945 and it is now trading near the $0.1850 support.There are two bearish trend lines forming with resistance near $0.1920 and $0.1960 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair remains at a risk of more losses below the $0.1850 and $0.1820 support levels.Ripple price is under pressure and trading well below $0.1920 against...

BitcoinBitcoin saw a 3% decrease over the last week of trading as it drops into the $9,445 level. The coin started the week battling the $9,815 level as it proceeded higher to reach $10,000. Unfortunately, BTC was unable to capitalize above $10,000 and dropped by a steep 7% yesterday.Luckily, it found support at a rising trend line, which has kept the bullish trend intact for now.Looking ahead, if the buyers push higher, resistance lies at $9,815 and $10,000. Above this, added resistance is...

Brad Garlinghouse shared his views on the role of crypto and XRP in particular under the current circumstances during Ripple’s “all-hands” virtual meeting on YouTube.28 new XRP-powered production contracts have been signed at Ripple Labs. CEO Brad Garlinghouse indicated this at Ripple Virtual “all-hands” meeting. His remarks which were streamed live on YouTube provided a lot of insight into the goings-on at the DLT company.At the time of filing this report, XRP price was $0.20 (-1.58%).Brad...

Brazilian Banco Rendimento has joined RippleNet cloud. Cloud services are supposed to bring a lot of benefits to the financial institution like agility, transparency, and reduced cost.Having joined RippleNet since last year, Brazilian bank Banco Rendimento has become the first one to join a new product from Ripple. It was launched weeks back and is known as RippleNet cloud.RippleNet Cloud launched exactly two weeks back by Amir Sarhangi. Ripple’s Vice President of Product enables clients to...

Litecoin price is trading nicely above a major support at $45.50 against the US Dollar.LTC price is likely to start a strong upward move if it clears the $46.80 and $47.00 resistance levels.There is a key contracting triangle forming with resistance near $47.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could only start a bearish wave if it settles below the $45.00 support zone.Litecoin price is showing signs of a bullish break above $47.00 against the US...

XRP continues to trade sideways with a small 0.6% price drop this week.Ripple has been trapped within a descending triangle for the last five weeks.Against Bitcoin, XRP struggles to hold the 2070 SAT support as the sellers start to push to fresh multi-year lows.Key Support & Resistance LevelsXRP/USD:Support: $0.2, $0.192, $0.18.Resistance: $0.215, $0.22, $0.225.XRP/BTC:Support:  2050 SAT, 2020, 2200 SAT.Resistance: 2100 SAT, 2200 SAT, 2300 SAT.XRP/USD – XRP Trading Continues Within...

BlockFyre founder Simon Dedic is predicting that the next bull rally will take the world’s number one digital currency by market cap – bitcoin – into the $150,000 range. He’s also predicting that many altcoins will hit it big as well, with assets like Ethereum striking the $9,000 mark.Dedic: Bitcoin Will Hit $150KIn a series of tweets, Dedic discussed the 2017 bull run that saw virtually every digital currency spiking to levels that virtually nobody could have predicted. At that time, bitcoin...

XRP saw a tiny 0.6% price increase today as it continues to trade within the descending triangle pattern.The cryptocurrency has been trapped within the triangle for the past five weeks of trading.Against Bitcoin, XRP continues to struggle as it trades at the 2-year low level.Key Support & Resistance LevelsXRP/USD:Support: $0.192, $0.18, $0.175.Resistance: $0.215, $0.22, $0.225.XRP/BTC:Support: 2100 SAT, 2070 SAT, 2050 SAT.Resistance: 2200 SAT, 2300 SAT, 2360 SAT.XRP/USD: XRP Trades...

Ripple price is facing an uphill task near the $0.2050 resistance zone against the US dollar.The price must break the $0.2050 resistance zone and then $0.2125 to rise steadily.There is a key connecting bearish trend line forming with resistance near $0.2045 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could also start a major decline if it breaks the $0.1985 support zone.Ripple price is approaching the next key break against the US Dollar. XRP price could...