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Tag Archives: Ripple (XRP) Price

Crypto Price Analysis & Overview January 22nd: Bitcoin, Ethereum, Ripple, Polkadot, and Chainlink

During the past seven days, we saw an extended correction in Bitcoin’s price which failed to recover to its previous all-time highs. However, while BTC is down, a lot of altcoins started popping and gaining some serious value. For this week’s analysis, we’ve decided to take a closer look at Bitcoin, Ethereum, Ripple, Polkadot, and Chainlink.BitcoinBitcoin is down by a further 18% this week, dropping by a steep $10,900 to reach a low at $28,900. The cryptocurrency was trading at the upper...

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eToro Halts XRP Trading For US Citizens Following The SEC Charges

The US Securities and Exchange Commission charges on Ripple have pushed another platform, namely eToro, to suspend trading for the company’s native cryptocurrency. The Israeli exchange will prohibit the purchase and trading of XRP for US citizens starting from January 24th.eToro Joins The List Of XRP Suspending ExchangesFounded in 2006 in Israel, eToro is a popular social trading and multi-asset brokerage company that also support various cryptocurrency pairs.However, the company has decided...

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Ripple Price Analysis: XRP Consolidating Below $0.30, Big Move Inbound?

XRP/USD – XRP Bulls Holding .618 Fib SupportKey Support Levels: $0.263, $0.25, $0.23.Key Resistance Levels: $0.3, $0.32, $0.35.XRP might be down 11% over the past week after falling from resistance at the 200-days EMA, but the cryptocurrency is still trading within a consolidation pattern known as a symmetrical triangle.Over the past four days, XRP has managed to remain supported by the .618 Fib Retracement at around $0.263 and has recently rebounded from here. The cryptocurrency still has a...

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Kraken Halts XRP Trading For US Users Following The SEC Charges

The San Francisco-based veteran crypto exchange Kraken is the latest platform announcing plans to halt Ripple (XRP) trading starting at the end of January. The decision will affect only US-based citizens, while all services will remain operating as intended for customers located outside of the country.Starting on January 29th at 5 pm PT (or January 30th at 1:00 UTC), Kraken will suspend XRP trading for users based in the United States. The near 10-year-old exchange said that residents need to...

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Crypto Price Analysis & Overview January 15th: Bitcoin, Ethereum, Ripple, Polkadot, and Cardano

This week has been particularly volatile. Bitcoin went on a massive correction, jumped back to $40K, and dropped again just a few hours ago. The majority of the altcoins followed. Polkadot (DOT), however, went on an impressive rally as can be seen in the below ROI chart for the coins we’ve selected this week.BitcoinBitcoin is down by a concerning 13.8% over the past week as it currently trades beneath $36,000. The downturn for Bitcoin started on Monday when it dropped by a steep 25% to reach...

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EU Crypto Payment Processor To Remove XRP Following The SEC Charges

European cryptocurrency payments company CoinGate has joined the likes of Coinbase and Binance US to remove Ripple (XRP) from its services. The firm justified its decision with the SEC charges brought on the payment processor as many of its partners had already stopped doing utilizing the XRP token.CoinGate Removes XRPHeadquartered in Lithuania, CoinGate enables bitcoin, ETH, and other digital assets to be used as a means of payment with traditional merchants. The company has a reported...

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Ripple Price Analysis: XRP Plunges 18% As Crypto Markets Correct, Support Nearby?

XRP/USD – XRP Drops From 200-Days EMAKey Support Levels: $0.263, $0.25, $0.23.Key Resistance Levels: $0.3, $0.32, $0.35.Last week, XRP bounced higher from $0.25 to reach the resistance at the 200-days EMA. It traded sideways along with the 200-days EMA for the past five days but the 15% price drop in Bitcoin today caused XRP to drop by 18% as it slides from the 200-days EMA at $0.32 to reach the current $0.273 level.XRP had spiked further lower earlier in the day but managed to find support...

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Crypto Price Analysis & Overview January 8th: Bitcoin, Ethereum, Ripple, Stellar Lumens & Chainlink

BitcoinAfter a substantial 44% price surge this week, Bitcoin continued to set new ATH prices today at $42,000. The cryptocurrency started the year off underneath the $30,000 level after a strong performance in December 2020.From there, it broke $30,000 last Saturday as it continued to push higher. On Monday, there was a brief spike lower toward $28,000, but this was quickly bought up as traders closed that daily candle above $32,000.Throughout the rest of the week, BTC continued to set new...

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Ripple Price Analysis: XRP Explodes by 50% As Bulls Attempt Recovery

XRP/USD – Bulls Initiate Rebound From November LowsKey Support Levels: $0.3, $0.281, $0.262.Key Resistance Levels: $0.358, $0.38, $0.4.After the disastrous trading action in December, in which XRP fell by over 70%, the coin managed to hold above the November 2020 lows at $0.22 for the first week of January. Yesterday, XRP started to push higher above this support to reach $0.25.Today, XRP exploded from $0.25 as it surged past $0.3. It continued to break above the Feb 2020 highs at $0.35 until...

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Ripple Price Analysis: While Crypto Explodes, XRP Stuck at $0.22 Amid the SEC Saga

XRP/USD – Bulls Defending $0.22 Support So Far In JanuaryKey Support Levels: $0.22, $0.2, $0.171.Key Resistance Levels: $0.25, $0.285, $0.3..After a disastrous end to 2020, in which XRP tanked by a severe 75%, following the SEC lawsuit, the coin attempts to establish a strong support base at $0.22 (November 2020 lows). So far, it has closed each daily candle above this level in January.The cryptocurrency did spike beneath $0.2 on three occasions this month, but the bulls regrouped to bring...

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