Ripple (XRP)

Ripple price reversed losses and moved above the $0.1950 pivot zone against the US dollar.The price is now trading in a positive zone above the $0.2000 support level.There is a key bearish trend line forming with resistance near $0.2100 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could either surge above the $0.2100 resistance or decline again towards $0.1880.Ripple price is currently approaching a major hurdle near $0.2100 against the US Dollar. XRP price...

According to a new study, the assents under management (AUM) of cryptocurrency-focused hedge funds had doubled in 2019 compared to 2018.Despite some challenges in the field, Bitcoin remains the most frequently traded digital asset, with Ethereum and Ripple following.Institutional Investors Come For CryptoAccording to the report citing the survey compiled by PwC and the digital asset investment company Elwood Asset Management Services Ltd, cryptocurrency funds have increased their AUM to more...

SBI Holdings announced that the Ripple-based application MoneyTap will be integrated into Japanese ATMs. Based on MoneyTap, the ATMs are to be bank-independent so that customers can withdraw money from any ATM.Japanese financial services company group Strategic Business Innovator Group known also as SBI Holdings and as a partner of Ripple announced its plans to use Ripple’s payment technology in order to make it easier for Japanese citizens to access ATMs.In its latest yearly financial...

BitcoinBitcoin had an interesting 7-day trading period as the coin dropped by a small 3% over the week. However, this is because BTC fell by a strong 10% over the weekend as the coin fell from $9,600 to reach as low as $8,500. It rebounded from here and started to climb after the halving occurred earlier in the week.After rebounding, Bitcoin reclaimed the $9,000 level and continued upward to reach the resistance at $9,815 yesterday. It dropped lower from this level today to reach the current...

XRP saw a 1.5% price rise over the past 24 hours as it managed to climb above the $0.20 level again.The cryptocurrency is facing resistance at the 100-days EMA now.Against Bitcoin, the XRP woes continue as it keeps trading at lows not seen since December 2017.Key Support & Resistance LevelsXRP/USD:Support: $0.20, $0.192, $0.18.Resistance: $0.208, $0.225, $0.235.XRP/BTC:Support: 2100 SAT, 2071 SAT, 2022 SAT.Resistance: 2200 SAT, 2300 SAT, 2360 SAT.XRP/USD: Ripple Facing 100-days EMA...

Litecoin price declined heavily after it failed to clear the $50.00 resistance against the US Dollar.LTC price traded as low as $39.40 and it is currently correcting higher.There was a break above a short term contracting triangle with resistance near $42.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could spike towards the $44.00 and $45.00 resistance levels in the near term.Litecoin price is showing sign of a decent upward move against the US Dollar and...

RAKBANK announced the expansion of RAKMoney Transfer (RMT) services using Ripple blockchain technology RippleNet. The new service will be used along the Bangladeshi corridor by partnering with Bank of Asia.Ripple Labs is living up to its promise of reducing the sale of XRP to focus on utility and its product-market expansion in 2020 and beyond. It was confirmed after RAKBANK announced that it will be leveraging RippleNet blockchain technology in an instant remittance solution to Bangladesh...

A new product on the Ripple network would not only reduce the time required to avail capital loans but also improve transparency between the parties involved.The company behind the blockchain payment protocol and exchange network Ripple seems to be working on a new loans product. Recently, the company posted a new job offering on its website, which allows for such a conclusion. Ripple is looking for a Director of Product Management, Loans and will welcome someone with strong leadership skills...

XRP saw a 1% price increase today as it attempts to reclaim the $0.20 level.The cryptocurrency broke beneath the rising trend line but found support at a .382 Fib Retracement ($0.192).Against Bitcoin, XRP continues to struggle as it trades at just 2250 SAT, down from the 2750 SAT April high.Key Support & Resistance LevelsXRP/USD:Support: $0.192, $0.18, $0.175.Resistance: $0.20, $0.21, $0.215.XRP/BTC:Support: 2225 SAT, 2220 SAT, 2190 SAT.Resistance: 2260 SAT, 2300 SAT, 2360 SAT.XRP/USD:...

Tether (USDT) has become the third-largest crypto in terms of its market capitalization that is said to reach $8.8 billion.Tether (USDT) has become the third-largest cryptocurrency. This occurred as the Bitcoin halving event occurred seamlessly. Sources report large inflows of the world’s largest stablecoin into exchanges.Tether (USDT) now has a market capitalization of about $8.8 billion. This places the Ethereum-based token as the second most capitalized altcoin after Ethereum (ETH).As of...