Ripple (XRP)

XRP fell beneath the strong support at $0.215 this week after slipping by 5%.Against BTC, it is struggling to hold the 3000 SAT support.XRP remains wedged within a descending channel against BTC and must break this to climb higher.Key Support & Resistance LevelsXRP/USDSupport:  $0.212, $0.20, $0.185 Resistance: $0.2345, $0.2520, $0.27XRP/BTC:Support: 3000 SAT, 2900 SAT, 2855 SATResistance: 3200 SAT, 3325 SAT, 3500 SATXRP/USD: Breaks Beneath Strong $0.215 Сupport The daily chart shows XRP...

Traditional payment companies seem to be taking vastly different approaches to cryptocurrencies. Earlier this year, it seemed like PayPal was about to blaze a trail in the space by working with Facebook on Libra, although it later pulled out. Elsewhere, more forward-thinking firms like Revolut and Skrill have embraced crypto, while Monzo has issued a firm “no,” and Stripe has backed away.So, what exactly is going on in this tumultuous relationship between payment firms and cryptocurrencies,...

Ripple price is declining and it is trading below the $0.2200 pivot area against the US dollar.The price is likely to continue lower towards the $0.2100 and $0.2050 support levels.There is a key bearish trend line forming with resistance near $0.2180 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).A downside break below the $0.2100 support area could accelerate decline towards $0.2020.Ripple price is facing an increase in selling pressure below $0.2200 against the US...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 772. Heute sprechen wir über folgende Themen: Ripple Erwähnung US Regierung, Frankreich startet ersten regulierten Bitcoin Fond & Bitcoin Tiefpunkt vor genau 1 Jahr. 1.) Ripple (XRP) Durchbruch? – Erwähnung in Dokument der US-Regierunghttps://cryptomonday.de/ripple-xrp-durchbruch-erwaehnung-in-dokument-der-us-regierung/ 2.) Frankreich gibt Gas, erster regulierter Bitcoin-Fonds geht an den...

In an ongoing report, Bank of America (BoA) said that Ripple’s cross-border presentation was innovative and praised it. As a fan of XRP, known under the online nickname BankXRP, pointed out on Twitter,  BoA commended Ripple on the deposits of transitional payments.Bank of America : Ripple cross‐border solution Ripple’s distributed ledger solution remedies legacy correspondent banking infrastructure challenges and provides bi‐directional messaging to enhance payment tracking, data...

Bitcoin declined by  2.5% over the last week, dropping to the $7,220 level. The cryptocurrency has been trapped within a tight range between $7,708 and $7,123 for the entire period of December, thus far. A breakout of this range will dictate the direction Bitcoin will head toward over the following weeks.If the bulls continue to rebound, initial strong resistance is located at $7,400 and $7,700. Above the range, resistance lies at $8,086 (bearish .5 Fibonacci Retracement level) and $8,400...

XRP’s price has been stagnant for a while. Multiple technical patterns estimate that an upswing is underway. A spike in sell orders could be catastrophic. XRP has been contained within a narrow trading range over the last 20 days. Now, several technical patterns are estimating that this cryptocurrency could be bound for a bullish impulse. XRP has been consolidating for the past 20 days. | Source: TradingViewXRP shows multiple bullish signs Since Nov. 22, XRP has been trading within two...

XRP dropped back into the $0.215 support after failing to break above $0.2345 this week.The cryptocurrency remains above the 3000 SAT level but the bears are attempting to take control.XRP has been trapped within a range between $0.215 and $0.234 throughout the entire period of December.Key Support & Resistance LevelsXRP/USDSupport:  $0.2150, $0.20, $0.1850 Resistance: $0.2345, $0.2520, $0.27XRP/BTC:Support: 3000 SAT, 2900 SAT, 2855 SATResistance: 3113 SAT, 3200 SAT, 3325 SAT, 3500...

In what is seen by many within the crypto space as a win, it has emerged that cryptocurrencies have become the best performing asset class this year. Sources have indicated that based on recent research, the cryptocurrency digital asset class has outperformed other asset classes by a wide margin. Even though cryptocurrencies are still below the highs experienced in 2017, cryptos as an asset class have made an incredible comeback from the so-called crypto winter when everyone thought that it...

With the change in time, everything including currency has been digitalized. Cryptocurrency is a digital benefit used as a form of business transaction.Cryptocurrency functions using cryptographic algorithms to offer consumers a secure line of financial transactions. Crypto exchange gives customers a chance to implement business deals without the presence of an intermediary .i.e. an accountant, a third party or a banker.Legal IssuesThe interaction with currencies make taxation inevitable....