Ripple (XRP)

TL;DR Forbes labeled Ripple’s blockchain as ineffective and its token as purely speculative, questioning its utility and market value. Charles Hoskinson and crypto supporters defended Ripple, making jokes with the media company’s report. Forbes Takes Aim at Ripple (XRP) The global media company Forbes recently published a report called “The Rise of Crypto’s Billion Dollar Zombies,” which touched upon numerous cryptocurrency protocols. It paid special attention to Ripple (the...

Litecoin started a steady increase above $90 against the US Dollar. LTC price is now trading above $92 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $92 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could rise further if it clears the $98 and $100 resistance levels. Litecoin price is showing positive signs above $92 against the US Dollar, like Bitcoin. LTC price could climb...

TL;DR Shiba Inu experiences a notable rally, surpassing major cryptocurrencies in trading volume, indicating significant investor interest. The surge in SHIB and other meme coins underscores the growing profitability and appeal in the sector. The price of the second-biggest meme coin – Shiba Inu (SHIB) – continues to rally, spiking by 7% in the past hour and 15% on a 24-hour scale. Its market capitalization surpassed $18.5 billion for the first time since mid-March. SHIB...

Ripple’s price has been trending lower against BTC and consolidating against USDT. While XRP has been underperforming over the last few months, investors can still be optimistic as significant support levels are available. Technical Analysis By TradingRage The USDT Paired Chart Against USDT, the XRP price has been steadily declining since failing to break through the $0.7 resistance level. However, support has been found to be around $0.6, preventing further drops. Should...

XRP price is attempting a fresh increase from the $0.5680 support against the US dollar. The price is now trading above $0.610 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.630 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.6580 resistance. XRP price is gaining pace above $0.630 against the US Dollar, like Bitcoin. It must...

TL;DR Ripple’s XRP has garnered significant adoption from multiple cryptocurrency exchanges recently, boosting its accessibility and trading options ahead of a major legal trial with the SEC. The price of the asset has seen a 5% increase for the day, with experts predicting a significant surge in the near future, citing technical analysis and market conditions Who Embraced XRP? Ripple’s XRP has been the subject of adoption from numerous cryptocurrency exchanges as of late....

The decentralized finance ecosystem in XRP, managed by its decentralized network XRP Ledger (XRPL), has progressed after adopting the automated market maker(AMM) functionality. Per a post on X (formerly Twitter) by XRPScan, the first AMM liquidity pools were created just a few minutes after the AMM features went live. Some pools now hold hundreds of millions of tokens, supporting pairs such as XRP/USD and XRP/BTC. AMM is now live on XRPL mainnet! First few pools are rolling...

After a notable surge, Ripple’s price has successfully broken above the upper trendline of a multi-month triangle pattern, indicating a bullish signal. However, the recent retracement suggests a potential pullback to the broken level. By Shayan The Daily Chart A detailed analysis of the daily chart highlights Ripple’s surge as it surpassed a crucial resistance area represented by the dynamic upper boundary of the triangle pattern, reaching a significant resistance level at...

Litecoin is gaining pace above the $82.00 resistance against the US Dollar. LTC price is now trading above $82.00 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $83.80 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $88.00 and $91.50 resistance levels. Litecoin price is recovering from the $77 zone against the US Dollar, like...

[unable to retrieve full-text content]CoinspeakerRipple Honored with Best Cross-Border Payment Platform Award in 2024 Despite the challenges, Ripple's commitment to its core values has remained unwavering. The company's dedication to simplifying international payments for everyone has been a driving force behind its success.  Ripple Honored with Best Cross-Border Payment Platform Award in 2024