Ripple’s XRP price may be on the road to the next big move, as the company is actively expanding the scales of its activities and joined the Top 100 Remittance Companies list being the only crypto-related company there.Ripple network sent 54 million in one week from the U.S. to Mexico, according to the reports. Such a big volume level pushes XRP price greatly, even though the recent downfall. With the company reaching the top 100 cross-border payment corporations chart, new horizons are...
Read More »Ripple Price Analysis: XRP Plunges Toward 200EMA Support As Bulls Failed To Claim $0.29
XRP rolled over and dropped by 3% over the past 24 hours to bring the price for the coin down to $0.266.It is now battling to stay above the 200-days EMA and to remain over the ascending trend line.The cryptocurrency broke beneath major support at 2800 SATS against BTC.Key Support & Resistance LevelsXRP/USD:Support: $0.26, $0.25, $0.245.Resistance: $0.27, $0.289, $0.3.XRP/BTC:Support: 2750 SAT, 2710 SAT, 2640 SAT.Resistance: 2800 SAT, 2900 SAT, 3000 SAT.XRP/USD: Ripple Drops Into 200-days...
Read More »Tron CEO Justin Sun Is Ultra-Bullish on Bitcoin, Claims Holding Large Sums of ETH and XRP
During his recent interview with CNN, Justin Sun clarified that he has a diversified portfolio of crypto investments and holds large sums of BTC, ETH, and XRP. Besides, his candid remarks calling TRX a shitcoin has hurt the investors as Tron (TRX) lost 20% price since then.The TRON founder and CEO Justin Sun is one of the most media-savvy personalities in the crypto industry. In his recent interview with CNN’s Julia Chatterley, Sun spoke about the future of the crypto markets. Justin Sun has...
Read More »XRP Market Performance: XRP Price Is Going Down but It May Start Increasing Again Soon
XRP price is down now. But let’s take a closer look at the XRP market performance and the measures put in place by Ripple and XRPL community to see the coin thrive in the future.Ripple’s XRP has enjoyed a good reception in the market and the price has been recovering slowly after the 2017-2018 depreciation. That’s why the XRP market performance is widely discussed these days. The XRP price has been stabilizing, breaking the downward trend and also starting to form an upward movement.This has...
Read More »TRON’s CEO Justin Sun Reveals Two Of The Cryptocurrencies He Holds And They’re Quite Surprising
Justin Sun, the founder and CEO of TRON blockchain, told CNN’s Julia Chatterley during a new interview that he is a long term believer in cryptocurrencies. He said he is very bullish on Bitcoin and also holds significant investments in other digital assets, including Ethereum (ETH) and Ripple (XRP). Justin Sun Doesn’t Hold FiatsWhile many would easily think that Justin Sun is only interested in TRX, the native token of the TRON network, he revealed that he has been holding a diversified...
Read More »Ripple Is Among FXC Intelligence’s Top 100 Cross-Border Payment Companies
Ripple has been included in the list of the top 100 cross-border payment firms by FXC Intelligence. It is ranked with top giants in that field like PayPal and also UBS.The San-Francisco blockchain company Ripple Inc. has been recognized by FXC intelligence as one of the top 100 most important companies globally that are dealing with border payments in 2020. Ripple is the only crypto-related company that made it in the list of the cross-border whales.FXC Intelligence is a financial data...
Read More »Dow Futures Slide 400 Points as Coronavirus Cases Surge Outside China
Global markets across Europe and Asia have plunged severely on Monday as South Korea and Italy report several new affected cases of the coronavirus on Sunday. Analysts request investors to maintain caution at this stage.At press time, the Dow Jones Industrial Average Futures lost over 400 points to 28,540 levels. At the Monday opening, the stock futures are having a massive bloodbath on Wall Street as the coronavirus cases outside China surge significantly.As the possibility of the global...
Read More »Ripple Price Analysis: XRP Could Dip Further Before Fresh Increase
Ripple price is struggling to climb above the $0.2850 resistance area against the US dollar.The price is currently declining and it might test the $0.2645 support level.There is a key bearish trend line forming with resistance near $0.2805 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair must climb above $0.2805 and $0.2850 to start a strong increase in the coming sessions.Ripple price is currently struggling below $0.2850 against the US Dollar. XRP price could dip...
Read More »Ripple Price Analysis: XRP Finds Fresh Bullish Momentum Climbing Towards $0.30
XRP increased by a small 3% over the past 24 hours as it rebounded at $0.27 to climb back above $0.28.This price increase is driven by Bitcoin making its way back toward $10,000.Against Bitcoin, XRP reversed at 2820 SAT as it battles to climb back above the 100-days EMA.Key Support & Resistance LevelsXRP/USD:Support: $0.27, $0.265, $0.26.Resistance: $0.289, $0.3, $0.31.XRP/BTC:Support: 2800 SAT, 2710 SAT, 2650 SAT.Resistance: 2900 SAT, 3000 SAT, 3115 SAT.XRP/USD: Ripple Reverses At $0.27...
Read More »Ripple’s Xpring Is Going to Create ‘Bridge to Ethereum’
Ripple’s Xpring is allocating money for three inventors or teams seeking for a solution to XRP Ledger-Ethereum interoperability.Xpring wants to develop a ‘bridge’ between Ethereum and Ripple‘s XRP without having to transfer XRP onto ERC-20 standard. Ethereum developers have joined the bad company – Ripple welcomes all of them to build a bridge between two competing economies. Ripple is looking for a new way of operating with mainstream assets, and the move towards Ethereum is obvious. Despite...
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