Ripple (XRP)

XRP saw a 7% price increase over the past 24 hours as it bounces back above $0.15.The cryptocurrency has been trading within a range between $0.136 and $0.161 over the past 7-days as it shows signs of stabilizing.Against Bitcoin, XRP has been falling this week as it failed to climb above 2850 SATS.Key Support & Resistance LevelsXRP/USD:Support: $0.136, $0.13, $0.12.Resistance: $0.161, $0.171, $0.182.XRP/BTC:Support: 2700 SAT, 2650 SAT, 2600 SAT.Resistance: 2750 SAT, 2800 SAT, 2850...

Ripple continues its expansion by partnering with a Thailand-based fintech company called DeeMoney. The latter will utilize Ripple’s global financial payments network, RippleNet, for more efficient, faster, and cheaper international money transfers.Ripple Partners With DeeMoneyRipple announced its newest partnership yesterday. DeeMoney is based in Thailand and specializes in digital cross-border money transfers. The fintech company will use RippleNet to process inbound payments into...

Litecoin price extended its decline and broke the $40.00 support area against the US Dollar.LTC price traded to a new 2020 low at $25.02 and it is currently correcting higher.There is a major bearish trend line forming with resistance near $36.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could correct higher, but it is likely to face a strong resistance near the $38.00 and $40.00 levels.Litecoin price is trading in a bearish zone below $40.00 against the US...

A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, XRP and Bitcoin Cash price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.The currency market failed to get over another collapse. In general, there is a great potential in Bitcoin for a rebound upwards and new growth in anticipation of...

Ripple is plotting a fresh rally, waiting for a triangle breakout to set mode on the 4-hours chart.Against Bitcoin, the price is struggling in consolidation following a sharp drop from a crucial resistance level of 3000 SAT.If XRP reverses its trend, the price is likely to hit $0.20 resistance on a short-termXRP/USD: Ripple Formed Symmetrical TriangleKey Resistance Levels: $0.17, $0.20Key Support Levels: $0.128, $0.11XRP/USD. Source: TradingViewOver the past few days, the entire crypto market...

Brad Garlinghouse and Ripple have some very big plans for the coming months.Ripple Has Made Big ChangesIn February, Garlinghouse explained that he wants his company to be the “Amazon” of the cryptocurrency industry, meaning he wants it to be bigger than big. Bigger than bitcoin, bigger than any other cryptocurrency known to man. Ripple must be number one, and he won’t stop until this goal is accomplished.At first glance, it looks like these might just be words. Amazon, after all, has a market...

EthereumETH/USD. Source: TradingViewLast weekend, Ethereum recovered a bit to $140 following a sudden 55% price drop to a weekly low of $86. After a short daily increase, Ethereum’s price dropped to $100 (March 12 low), which reveals that sellers are showing interest again. More so, we can see that ETH is still struggling inside the 7-month descending channel.If the price drops below the psychological level of $100, Ethereum could slip back to $86 (last week’s low). Beneath this level lies a...

Bitcoin price doesn’t look very optimistic now as it is below $5,000 again. However, just recently after the news about the rate cut from teh Fed, it was gaining massively.Bitcoin price went up after the U.S. Fed announced a massive rate cut. Sources say that this occurred late on Sunday as global economies were still reeling from the effects of the COVID-19 situation. It also reportedly came with a $700 billion stimulus program to protect the U.S. economy from the effects of a global...

Ripple price is currently correcting higher after a massive decline of 50% against the US dollar.The price is back above the $0.1400 area, but it is facing a lot of hurdles.There is a major bearish trend line forming with resistance near $0.1700 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to struggle near the $0.1650 and $0.1700 resistance levels in the near term.Ripple price is slowly recovering from the $0.1100 yearly low against the US Dollar. XRP...

Ripple is trading inside a descending channel; a bullish breakout is likely to take place only above $0.215 per XRPAgainst Bitcoin, Ripple started to regain momentum after finding support at the 2580 SAT level.XRP/USD: Ripple Is Trapped Inside The ChannelKey Resistance Levels: $0.185, $0.215Key Support Levels: $0.13, $0.11After opening the weekly candle around $0.215, Ripple saw a massive 50% price plunge following the March 12 crash that hit the cryptocurrency market, while Bitcoin crashed...