Ripple (XRP)

Litecoin price found support near $41.50 and it is currently correcting higher against the US Dollar.LTC price is likely to face a lot of hurdles on the upside near $44.50 and $45.00.There is a major bearish trend line forming with resistance near $45.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could struggle to clear the $45.00 resistance, above which it might rally to $48.80.Litecoin price is showing signs of an upside correction against the US Dollar,...

Through a series of tweets Ripple CEO, Brad Garlinghouse, urged the U.S. regulators to swiftly step up and lean into digital currencies to keep the dollar market dominance high, citing the Chinese quest to develop its central bank-backed digital currency.Ripple CEO Brad Garlinghouse went to his Twitter page to highlight some of his recent findings on the financial global trend. According to Garlinghouse, the system that most financial institutions are using is outdated and adopting advanced...

XRP dropped by a small 1.5% over the past 24 hours as it falls back into the $0.192 support.The cryptocurrency has now formed a very acute descending triangle formation.Against Bitcoin, the XRP recovery continues but is finding some resistance at the 2200 SAT level.Key Support & Resistance LevelsXRP/USD:Support: $0.192, $0.18, $0.175.Resistance: $0.207, $0.215, $0.225.XRP/BTC:Support: 2150 SAT, 2100 SAT, 2070 SAT.Resistance: 2200 SAT, 2300 SAT, 2360 SAT.XRP/USD – XRP Forms Acute...

U.S.-Mexico remittances are tilting towards the crypto space. This comes as Ripple indicates that XRP transfers account for about 10% of these cash flows.U.S.-Mexico remittance has achieved a new milestone. Ripple‘s XRP now accounts for about 10% of the remittance cash flows to Mexico from the U.S. The head of developer relations Warren Anderson indicated this at the virtual reimagine 2020 conference. Those flows went through Ripple’s ODL platform.Anderson said:“So US-Mexico is one of the...

Ripple’s Xumm banking app that will be soon available for mass adoption is more than an ordinary digital asset wallet as it offers a wide array of functionalities both to retailers and developers.In its pace to widen and strengthen XRP utility, Ripple Labs announced that its Xumm banking app will soon be ready for mass adoption. After releasing the XRP first-quarter report, Ripple announced that it will significantly cut its periodic XRP sales to focus on the asset utility. True to its word,...

National carrier Lufthansa will receive a 9 billion Euro coronavirus palliative from the German government to help cushion the economic impacts of the novel pandemic.It is no news that the coronavirus pandemic has a catastrophic impact on businesses worldwide particularly on airlines and travel agencies. Since the virus became endemic, as announced by the WHO in January 2020, almost all world governments closed down their borders with widespread restrictions in travels. As the world grapples...

Ripple price failed to stay above $0.2050 and declined sharply against the US dollar.The price is now trading in a bearish zone below the $0.2000 support level.There is a major bearish trend line forming with resistance near $0.2000 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could continue to move down towards the $0.1800 level as long as it is below $0.2000.Ripple price is showing a bearish signs below $0.2000 against the US Dollar. XRP price could decline...

Users of the two leading cryptocurrency hardware wallets could be at risk after a hacker offered to sell personal details of thousands of the companies’ customers.Hacker Offers HD Wallet Users’ DetailsAs per multiple screenshots posted to Twitter, the hacker offered to sell personal details of customers from a wide range of financial services platforms. This includes Trezor and Ledger, KeepKey, Bank to the Future, and LoanBase.Source: @underthebreach, TwitterThe image below shows the hacker...

XRP saw a 1.5% price drop over the past week as the bulls failed to defend the $0.2 level, and failed to close above over the past three consecutive daily candlesAgainst Bitcoin, XRP continues its recovery attempt from the 2-year lows as it edges toward the 2200 SAT levelKey Support & Resistance LevelsXRP/USD:Support: $0.192, $0.18, $0.175.Resistance: $0.207, $0.215, $0.225.XRP/BTC:Support: 2100 SAT, 2070 SAT, 2022 SAT.Resistance: 2200 SAT, 2300 SAT, 2360 SAT.XRP/USD: XRP Losing The $0.2...

Upon printing billions of fresh USDT in the past few months, the most widely adopted stablecoin has become the third-largest cryptocurrency by market cap. Tether has now surpassed Ripple (XRP) with its nearly $9 billion market capitalization.In the meantime, Ripple, which was among the top three cryptocurrencies for the past years, had seen its market cap continuously dropping. Earlier this month, Ripple recorded its lowest 2-year price against Bitcoin.Tether Surpassing Ripple By Market Cap....