The rollover for XRP continues today with a further 2.15% price drop, bringing the price for the coin down to $0.27.XRP is showing some signs of stabilizing at the 2750 SAT level against Bitcoin.Despite the recent price fall, the cryptocurrency is still up by a total of 26% over the last 30 days.Key Support & Resistance LevelsXRP/USDSupport: $0.265, $0.26, $0.245.Resistance: $0.28, $0.289, $0.30.XRP/BTC:Support: 2710 SAT, 2600 SAT, 2525 SAT.Resistance: 2850 SAT, 2900 SAT, 3000...
Read More »Gold Beware as Bitcoin Halving Is Just 90 Days Away
Bitcoin halving, gold and scarcity: as the milestone approaches, it will reduce Bitcoin’s block reward to 6,25 BTC per the block. Currently, the Bitcoin block reward equals 12,5 BTC.In approximately 91 days, the picture of what is happening inside mining companies will start changing. The date for changes is 7 May 2020. There’s several ways to count the days until Bitcoin halving, however. When calculating the date using average daily block time, the next halving date shifts to 86 days from...
Read More »Ripple’s XRP Price Can Reach $0.60 in the Near Future as XRP’s Popularity is Growing
Ripple’s XRP price is showing all the signs of reaching $0.60 in the near future, as it is supported by different technical and fundamental aspects.Ripple’s XRP price can hit $ 0.60 in the near future possibly months if it breaks the current strong resistant level at $0.285. This is a huge relief in the larger XRPL community who have seen the coin depreciate in the last year with a sharp downtrend, leaving it trading below a dollar.Having traded at its lows since late 2018, XRP could enjoy a...
Read More »Ripple Price Analysis: XRP Remains In Strong Uptrend Above $0.27
Ripple price climbed higher nicely above the $0.2700 resistance area against the US dollar.The price tested the $0.2880 resistance area and it is currently correcting lower.There is a key bullish trend line forming with support near $0.2755 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair remains well supported for more gains above $0.2700 and $0.2680.Ripple price is showing a lot of positive signs above the $0.2700 area against the US Dollar. XRP price is likely...
Read More »Ripple Price Analysis: XRP Stable Above $0.28 Following Bitcoin’s Latest Gains
XRP saw a small 1.6% price increase over the past 24 hours as the cryptocurrency trades at $0.282.These gains are largely attributed to Bitcoin climbing above $10,000 as XRP fell against Bitcoin itself.XRP remains ranked in the 3rd position with a market cap of $12.37 billion.Key Support & Resistance LevelsXRP/USD:Support: $0.265, $0.26, $0.245.Resistance: $0.289, $0.30, $0.31.XRP/BTC:Support: 2710 SAT, 2600 SAT, 2525 SAT.Resistance: 2850 SAT, 2900 SAT, 3000 SAT.XRP/USD: XRP Faces Strong...
Read More »Bitcoin Price Hits 10,000 Level, Overall Market in Green Zone
Bitcoin price gains steam hitting $10,000 level, with the overall crypto market entering bullish price action.Many of the cryptocurrency critics are waiting for the market crash soon after the Bitcoin Halving in May 2020. Some of them waiting for the crash even before the Halving. However, Bitcoin‘s price keeps rising, crossing the 10K milestone with ease. While the Bitcoin Core repository on GitHub receives no major updates this Winter, this price action is a big success. All the...
Read More »Will a Ripple IPO Emerge Sometime in the Coming Months?
Ripple (XRP), the world’s third largest cryptocurrency by market cap, has suggested that an initial public offering (IPO) based on its technology is slated to arrive in the coming months.Ripple Continues to Make WavesAt the Davos World Economic Forum last January, CEO of Ripple Brad Garlinghouse explained to a crowd of listeners that a Ripple IPO could occur sometime in 2020. He also stated that more IPOs based on cryptocurrencies are likely to follow, and that this will likely become a...
Read More »Binance Gets Former TradingView’s COO as New Director of Fiat, Europe and CIS
Cryptocurrency exchange Binance has announced it hired Iskander Malikov, a former TradingView COO, as new Director of Fiat, Europe and CIS at the exchange. He will focus on establishing new fiat-to-crypto channels for Binance.One of the world’s largest cryptocurrency exchanges Binance announced it is planning to further boost its fiat-to-crypto entrances by hiring a former TradingView executive.Iskander Malikov, who previously served as a chief operating officer a TradingView, decided to join...
Read More »Warner Music Group Files for IPO, It Is to Go Public in 2020
Warner Music Group is now the latest high-profile company that has taken a decision to go for a public listing in 2020.American multinational entertainment and record label, Warner Music Group, has announced that it has filed a registration statement for an IPO to sell shares of its common stock which are proposed to be sold by certain of Warner Music Group’s stockholders.Warner Music Group became the latest big-name company to opt for a public listing since the turn of the year. The number...
Read More »Crypto Price Analysis & Overview February 7th: Bitcoin, Ethereum, Ripple, Tron, and Chainlink.
BitcoinBitcoin saw a 5% price rise over the past 7 days of trading as the cryptocurrency rebounds from support at $9,145 to meet resistance at around $9,815. With the 30-day 21% bullish surge, Bitcoin can be expected to break $10,000 pretty soon. Other cryptocurrencies are outpacing Bitcoin. However, this does not mean it cannot continue above $10,000.Once the bulls break $9,815, the next level of resistance lies at $10,000. Beyond this, higher resistance lies at $10,200, $10,430, and $10,707...
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Ripple (XRP)
