Ripple (XRP)

Litecoin is showing bearish signs and trading below $66 against the US Dollar. LTC price is now trading below $65 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $63.20 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase if it clears the $66 resistance zone. Litecoin price is struggling below $66 against the US Dollar, similar to Bitcoin. LTC price...

Ripple announced on Monday that it has added four new European institutions to its University Blockchain and Research Initiative (UBRI). The partner universities will help promote blockchain research and education across the region. According to Ripple’s announcement, the new universities include Trinity College Dublin (Ireland), EPITA (France), IE Madrid (Spain), and the University of Trento (Italy). This brings Ripple’s total European partners up to 14. IE Madrid plans to...

While predicting the future of specific cryptocurrencies is not an exact science, market analysts often consider several aspects, including past performance, use cases, community participation, and broader market volatility. With that in mind, let’s examine whether Shiba Inu (SHIB) has the potential to outperform Ripple (XRP) in the future. For this particular question, though, we asked none other than ChatGPT. SHIB v. XRP Looking at their market caps, with a current...

According to insights shared by lawyer John E. Deaton, the ongoing SEC lawsuit against Ripple has had a negative impact on the adoption of XRP. The lawyer, following the legal proceedings, recently took to X to highlight a notable example of how the lawsuit hindered the cryptocurrency’s adoption. Deaton’s observation comes as a shared personal experience from when he attempted to make a payment over the Internet. Here’s is a small yet significant example of how the lawsuit...

Ripple price is facing resistance near the $0.550 level against the US dollar. The price is now trading below $0.520 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.5120 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start another decline if it stays below $0.535 and $0.550. Ripple price is struggling below $0.550 against the US Dollar, like Bitcoin. XRP price must...

After a period of steady price movements, Ripple has finally moved – toward a bearish trajectory. This decline has led to a breakdown below a critical support zone defined by the 200-day moving average. Technical Analysis By Shayan The Daily Chart A closer look at the daily chart shows a notable drop in XRP price due to elevated selling pressure and an increasing bearish sentiment. The price slipped beneath the crucial 100-day MA at $0.55, reaching the 200-day moving average...

Ripple’s price shows bearish signs; if the current key support level breaks – the drop could escalate even faster. Technical Analysis By Edris The USDT Paired Chart On the USDT paired chart, the price has held above the 200-day moving average, around the $0.5 mark, over the past few weeks. However, the price is currently testing the 200-day moving average. If this moving average breaks down, the price will drop quickly towards the $0.43 level. On the other hand, if the price...

Litecoin is slowly moving higher from the $60 support against the US Dollar. LTC price is now trading above $65 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $68.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $68 and $70 resistance levels. Litecoin price is recovering from the $60 zone against the US Dollar, similar to Bitcoin....

Leading cryptocurrency exchange OKX has released its tenth proof-of-reserves (PoR) report, becoming the first digital asset platform to release ten consecutive monthly PoR reports. According to a press release, the latest numbers show balances of $10.4 billion in primary crypto assets like bitcoin (BTC), ether (ETH), and Tether (USDT). OKX Publishes 10th PoR Report The Seychelles-based exchange covered 22 digital assets, including USD Coin (USDC), Ripple (XRP), Dogecoin...

In the ongoing debate on Ripple (XRP) and its intrinsic value, attorney Deaton’s response to Australian-based lawyer Bill Morgan’s criticism of the U.S. Securities and Exchange Commission’s (SEC) stance has sparked further discussion. The central point of contention lies in whether XRP possesses intrinsic value, a question that holds significant implications for the regulatory classification of the cryptocurrency. Maybe the SEC should read Howey again: “The test is whether...