Ripple (XRP)

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Ripple price started a fresh decline from the $0.4820 resistance against the US dollar. The price is now trading below $0.460 and near the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.4685 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a steady increase if it clears the $0.4820 and $0.5000 resistance levels. Ripple price is struggling below $0.4820 against the US...

On Oct. 27, Ripple released its Q3 Markets Report stating that its holdings of XRP have dropped below 50% for the first time. The company proudly stated that it is becoming more decentralized contrary to what critics have claimed. It said the ownership of XRP is not an indicator that Ripple controls XRP Ledger (XRPL). “The XRP Ledger (XRPL) uses Federated Byzantine Consensus to validate transactions, add new features and secure the network, which means that each validator...

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Polygon. Ethereum (ETH) Ethereum had a very strong rally in the past seven days, increasing by 19.4%. This makes it the best performer on our list this week. Such volatility has not been seen since September and signals a possible reversal in the downtrend. If ETH manages to make a higher high in the coming weeks, then that would confirm the reversal. The price is currently found just below the...

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China was emerging as the epicenter of the crypto industry. Within a decade, the country witnessed the spawning of giant exchanges like Binance Holdings Ltd. as well as the biggest Bitcoin mining firms. However, Beijing’s move to ban crypto trading and mining last year seemed poised to douse the entire domestic industry. Hong Kong, on the other hand, has always been China’s window to the world. According to Arthur Hayes, BitMEX co-founder, it is this deepwater port at the...

Ripple price started a fresh decline from the $0.5500 resistance against the US dollar. The price is now trading below $0.500 and near the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.4580 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a steady increase if it clears the $0.4850 and $0.5000 resistance levels. Ripple price is struggling below $0.500 against the US...

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) Ethereum’s price has remained largely flat with little volatility. For this reason, it is almost identical to seven days ago. Momentum and volume continue to move sideways with no perceivable trend at this time. The key support remains at $1,250, and the resistance at $1,400. The price is stuck in a channel, and it can comfortably move sideways until the end of the month...

The Ripple team believes the Hinman documents will reveal the SEC’s double-handedness in dealing with the case.The world’s richest man Elon Musk has seemingly thrown his weight behind Ripple as a new development in the Ripple-SEC case proves the blockchain company is one step closer to victory.After Ripple’s counsel, Stuart Alderoty confirmed the receipt of the long-awaited Hinman documents, Ripple CEO Brad Garlinghouse took to Twitter to express his disappointment. After Garlinghouse’s...