Tag Archives: Ripple (XRP) Price

Despite an uneventful weekend, XRP started Monday in green. Key Support levels: $0.54 Key Resistance levels: $0.68 1. Price Find Support After a roller coaster volatility, XRP’s price finally found good support at 54 cents and it seems buyers are again interested in taking this cryptocurrency higher. If successful, the current target and resistance is found at 68 cents. Chart by TradingView2. Buyers Return If over the weekend buyers were absent, they appear to have returned...

TL;DR Ripple is partnering with the Dubai International Financial Center (DIFC) to enhance blockchain and crypto innovation in the UAE, focusing on early-stage companies and scale-ups. This collaboration is seen as a significant milestone for the DIFC, enhancing its role as a global hub for talent and tech. Ripple and Dubai Ripple plans to strengthen its global presence by partnering with the Dubai International Financial Center (DIFC). The DIFC is a special economic zone in...

Following a significant drop to the crucial support region of $0.43, Ripple encountered increased buying pressure and saw a substantial surge, pushing the price back above the 100 and 200-day moving averages. This recent action has left market participants uncertain about XRP’s overall direction, with the upcoming movements likely providing clarity. By Shayan The Daily Chart An in-depth look at Ripple’s daily chart shows that after a sharp decline below the 100 and 200-day...

XRP has decoupled from the broader crypto market, outperforming all top assets in terms of daily gains. While the rest of the market struggles, XRP experienced a sharp price increase of nearly 20% in the past day, reaching $0.64 on Thursday before slightly retracing to $0.61. As a result of the continued uptrend, XRP has managed to post an impressive 42% in monthly gains. This bullish trend is backed by a certain group of whale wallets that have accumulated a significant...

Ripple has been fined $125 million in the lawsuit against the United States Securities and Exchange Commission. This is just a fraction of what the SEC had previously asked for in the case. The fine that Judge Analisa Torres settled on is far less than the $1 billion in disgorgement and prejudgment interest and $900 million in civil penalty the SEC sought. XRP investors have seen this as a positive for the firm and the cryptocurrency, which exploded by more than 20%...

TL;DR OpenEden is launching tokenized US Treasury Bills on the XRP Ledger. Users will be able to mint such products via stablecoins such as Ripple USD (when it sees the light of day later this year). XRP’s price is down 6% for the day, but a potential resolution in the Ripple v SEC lawsuit could positively affect its value. Tokenized US T-Bills on the XRPL OpenEden – a fintech company focused on bridging traditional finance and DeFi – will introduce tokenized US Treasury...

XRP climbed to $0.66 on Wednesday, surging by 8% over the past 24 hours from $0.60, a level last seen in the third week of March. The latest upward price action comes amidst important developments in the XRP ecosystem and renewed investor optimism in the market as the accumulation trend intensifies. XRP Accumulation There has been a significant surge in the number of wallets holding at least 10,000 XRP over the past five weeks. According to the latest data shared by...

TL;DR BTC, XRP, and SOL are some of the top-trending digital currencies recently due to important factors that have sparked heated discussions. Other widely-discussed tokens as of late include Ethereum (ETH), Chainlink (LINK), and others. These are the Leaders The cryptocurrency market has passed through enhanced volatility in the past few days, affecting investor sentiment. Bitcoin (BTC), for one, reached a price of almost $70,000 on July 29 before plummeting below $66,000...

TL;DR Ripple will unlock one billion XRP in August, which could impact the price due to increased supply. Analysts predict a bullish trend for XRP, expecting a significant breakout. The Upcoming Unlocks Ripple is set to unlock one billion XRP at the start of August – a practice that happens every month and is part of the company’s strategy to ensure a transparent release of its holdings. The initiative dates back to 2017, when Ripple placed 55 billion XRP tokens into a...

It’s been an interesting week for the cryptocurrency industry. Although its total capitalization has remained largely unchanged, a lot has happened that deserves our attention, so let’s get into it. Right off the get-go, the United States Securities and Exchange Commission finally gave the last regulatory nod of approval for spot Ethereum ETF issues to launch their products. This was a highly-anticipated moment for many ETH investors, but the price took a nosedive following...