Ripple (XRP)

XRP price is attempting a fresh increase from the $0.525 support against the US dollar. The price is now trading below $0.555 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.5610 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.5550 resistance. XRP price is consolidating near $0.5450 against the US Dollar, like Bitcoin. It must stay...

TL;DR The lawsuit between Ripple and the SEC is approaching a crucial trial in April 2023, with potential long-term impacts on the cryptocurrency sector and possibilities of extended legal battles through appeals. Ripple has gained key partial legal victories, but the final outcome and its implications are still uncertain. Could We See the Conclusion This Year? The lawsuit between Ripple and the United States Securities and Exchange Commission has been among the trendiest...

TL;DR Analysts are optimistic about XRP’s valuation, predicting significant increases in the near future. Certain regulatory developments, among other factors, could propel a significant price rally. Ripple’s Odds of Hitting $1 Despite increasing significantly during the first half of February, the price of Ripple’s XRP has recently pushed the brakes, currently trading below the $0.55 mark. However, the ongoing trends have not stopped multiple analysts from outlining...

Litecoin started a fresh decline from the $73.00 resistance zone against the US Dollar. LTC price is now trading below $70.50 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $70.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down unless the bulls protect the $66.00 support zone. Litecoin price is struggling below $70.00 against the US Dollar, like...

Fairshake, a Super PAC supporting candidates favorable to cryptocurrency and blockchain technology, has garnered $4.9 million in funding, with contributions from billionaire brothers Cameron and Tyler Winklevoss. The Winklevoss twins, known for co-founding the Gemini exchange and their significant Bitcoin investments, were early backers of Fairshake. The initial investment dates back to December 18, 2023. As per the latest federal filings, the duo donated $2.45 million each....

Brad Garlinghouse, the CEO of financial technology company Ripple Labs, has disclosed that the crypto solutions provider and developer of the Ripple payment protocol would welcome a spot exchange-traded fund (ETF) for the network’s native token, XRP. Ripple to Welcome Spot XRP ETF Speaking on his thoughts about the current state of the crypto industry in a Bloomberg interview, Garlinghouse chipped in that creating multiple ETFs around different tokens is inevitable as they...

[PRESS RELEASE – Paris, France, February 20th, 2024] We’re thrilled to announce the return of the highly anticipated Startup Competition at Paris Blockchain Week. With a staggering array of prizes totaling over $10 million, encompassing funding, grants, credits, accelerations, listing, and more, this competition has become a cornerstone event within the blockchain startup ecosystem. Partners include industry leaders, investors, and blockchains from all over the world: Tim...

XRP’s price has been confined within a multi-month sideways triangle pattern, recently converging at a pivotal resistance area near the 200-day moving average and the triangle’s tightening range. As a result, a breakout seems imminent, poised to determine Ripple’s future trajectory. By Shayan The Daily Chart An analysis of the daily chart unveils XRP’s gradual ascent, resulting in its encounter with a critical resistance zone. It encompasses the significant 200-day moving...

XRP price is attempting a fresh increase above the $0.522 pivot level against the US dollar. The price is now trading above $0.540 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.5550 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.565 resistance. XRP price is consolidating near $0.550 against the US Dollar, like Bitcoin. It must stay...

The weekend isn’t treating Bitcoin’s price right as it has tumbled below $51K, erasing some of the gains achieved during the rally in the past few days. As seen in the chart below, the price took a turn for the worse in the past few hours. Source: TradingViewData from CoinGlass reveals that this has also sent ripples through the derivatives market, liquidating a total of $122 million in the past 24 hours. As it’s expected, the volume of these moves is significantly lower...