Ripple (XRP)

XRP saw a small increase of around 0.50% over the past week and it currently trades at $0.2935. The cryptocurrency struggles to break above the resistance at $0.30 and looks ready to roll-over and fall lower. Whilst the majority of the top-10 projects surged this week by between 13% and 30%, XRP lags behind after increasing by just 6%. Nevertheless, XRP remains the third-largest cryptocurrency with a market cap of $12.74 billion.Looking at the XRP/USD 1-Day Chart:Since our previous XRP/USD...

Photo: PixabayBlockchain startup Ripple is once again in news for investing in a cybersecurity startup called Keyless in the latest $2.2 million seed funding round. Keyless specializes in creating security products that can unlock access to users’ biometric data and private keys.Based in London, Keyless claims itself to be the first global company combining biometrics with multi-party computation. With its unique product offering, Keyless has attracted major investors like venture fund...

XRP daily transactions are skyrocketing ahead of its most anticipated conference. XRP could surge significantly, according to a renowned technical analyst. The lack of regulatory clarity in the U.S. about cryptocurrencies is affecting innovation. The number of daily transactions on the XRP network is reaching levels not seen since 2018. Meanwhile, Ripple is preparing to host its annual conference, Swell. Despite the hype around the event, this cryptocurrency is drifting sideways, as traders...

The blockchain startup Ripple is currently facing some major regulatory hurdles as investors have raised questions over the state of XRP being securities. To tackle this matter at hand, Ripple has brought some financial industry heavyweights to its board.In one such move, Ripple has recently appointed ex Bank of America executive – Benjamin Melnicki – as its head of Regulatory Affairs. Melnicki’s job at Ripple will be communicating and maintaining absolute transparency regarding Ripple’s...

Ripple sees itself as so much more than a currency. That much is obvious, but the company is now making waves in the regulatory space.Ripple Is Heading Into New TerritoryRipple has opened a new office in Washington D.C., making it the only crypto venture to have devoted itself to government affairs according to an official press release. Craig Phillips, the former counselor to the secretary of the U.S. Treasury Department, is also joining Ripple’s board of directors alongside Michelle Bond,...

BitcoinThe spike from $7,350 to $10,348 brought the hype around Bitcoin back and the declines are already behind our backs. The price corrected down to $9100 and we can also see attempts to build support in this range and the 0.38 Fibonacci levels, suggesting a bullish trend on the charts. A healthy correction would restore the 0.618 Fibonacci levels in the $8500 range, leading up to the next level at $10,200.EthereumAgainst the USD, the price is trying to break the resistance built around...

Ripple has been in a brutal downtrend for nearly two years. Trader Peter Brandt predicts that the cryptocurrency will bottom out as soon as it completes the diamond pattern. Other traders are bullish on XRP as the cryptocurrency posts a solid rally to take out the resistance level mentioned by Brandt. Ripple’s XRP has been in a downtrend for almost two years. The third-largest cryptocurrency posted an all-time high of $3.30 in January 2018. Since then, investors have experienced...

It seems that Tron (TRX) and EOS became China’s favorite children, at least if it’s to believe newly published CCID Crypto Ranking. The Chinese Ministry of Industry was always perplexing its selection of criteria, putting EOS up at the top based on its innovation.But let’s start with Tron. The Chinese blockchain platform that was previously under strict scrutiny from Beijing, got its satisfaction last week when Chinese President Xi Jinping gave a speech almost celebrating blockchain. China,...

XRP saw a small price increase of around 1.48% over the past week and it currently trades at $0.2975. The cryptocurrency has been relatively quiet whilst the rest of the market surged and it failed to close above the $0.30 resistance level. This is perhaps due to the fact that XRP began to fell against BTC. Nevertheless, XRP remains the third-largest cryptocurrency with a market cap of $12.82 billion.Looking at the XRP/USD 1-Day Chart:Since our previous XRP/USD analysis, the cryptocurrency...

Ripple price climbed higher recently and settled above the $0.2900 resistance against the US dollar.The price is showing positive signs and it could rally further above $0.3100.There is a connecting resistance trend line forming with hurdle near $0.3110 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price remains well bid above the $0.2880 and $0.2900 support levels in the near term.Ripple price is trading in an uptrend above $0.2880 against the US Dollar. XRP price...