Tag Archives: Ripple (XRP) Price

Money transfer giant MoneyGram is suspending its partnership deal with Ripple, following the ongoing legal battle between the latter and the US Securities and Exchange Commission (SEC).MoneyGram announced the news of the suspension in its Q4 and full-year 2020 financial results published on Monday (Feb. 22, 2021). As part of its Q1 2021 outlook, the company said:“In addition, the Company is not planning for any benefit from Ripple market development fees in the first quarter. Due to the...

It’s safe to say that the past 7 days were particularly intense on the cryptocurrency market. The cryptocurrency that expanded the most out of the large-caps is Binance Coin (BNB) as it surged by a whopping 150% in a week.BitcoinBitcoin is up by a strong 14.8% this week as the cryptocurrency continues to set new ATH prices today. Last week, it was battling with the resistance at $48,570, provided by a 1.414 Fib extension level.This level was only penetrated on Tuesday, which allowed Bitcoin...

XRP/USD – Bulls Back On The OffensiveKey Support Levels: $0.569, $0.505, $0.453.Key Resistance Levels: $0.609, $0.635, $0.675.XRP managed to surge by around 36% this week as the cryptocurrency trades at $0.57. Last week, XRP pushed above a descending trend line that dated back to early December 2020. After breaking this trend line, the coin started to rally, reaching as high as $0.675 yesterday.Unfortunately, it could not close a daily candle above $0.635 and has dropped lower today, spiking...

BitcoinBitcoin is up by a solid 28.2% this week as the coin set a new ATH today at $49,000. The cryptocurrency had penetrated above the previous consolidation pattern at the start of the month and started to push higher over the past week.On Monday, BTC surged from $38,800 to reach the resistance at $46,427 (1.618 Fib Extension – red). There, it established an ascending price channel. It took a couple of days for BTC to break that level.Today, Bitcoin climbed higher to set the new ATH at...

XRP/USD – Bulls Struggling To Break Descending Trend Line Resistance.Key Support Levels: $0.434, $0.4, $0.365.Key Resistance Levels: $0.47, $0.5, $0.556.XRP is up by 25% over the past week of trading. Last week, it surged higher from $0.365 as it pushed into resistance at a descending trend line that dates back to early December. It could not close above this trend line, making XRP roll over during the weekend.Yesterday, XRP spiked as low as $0.365 (.5 Fib), but it quickly recovered and ended...

This week saw nothing but green on the cryptocurrency markets as it seems everything is surging. Ethereum charted a new ATH, as well as many other altcoins, while Bitcoin attempts to reclaim $38K.BitcoinBitcoin saw a 15% price surge this week as the sentiment starts to turn bullish again for the primary cryptocurrency. The coin had been in a consolidation phase since hitting its ATH price at $42,000 last month. Since then, it has pretty much traded sideways within the confines of a descending...

XRP/USD – Bulls Rebound From $0.365 Support.Key Support Levels: $0.434, $0.4, $0.365.Key Resistance Levels: $0.48, $0.5, $0.556.XRP is now up by a whopping 60% over the past week. The coin had dropped lower from the opening price of $0.5 on Monday as it slipped into the .5 Fib support at $0.365. It managed to hold this support over the past few days until rebounding higher yesterday.It managed to spike as high as $0.5 yesterday but eventually closed the daily candle at $0.45. There is strong...

Japanese giant SBI Group will include a new addition to its crypto lending service via its subsidiary VC Trade. Apart from the other options, Bitcoin (BTC) and Ethereum (ETH), the organization’s customers will be able to deposit XRP to earn interest as well.Adding XRP to the List of Bitcoin and Ethereum Lending Japanese giant SBI Group has announced it will include XRP in its list of lending services. The company, which started the lending endeavor in November 2020, will provide clients with...

XRP/USD – Bulls Attempt To Hold $0.37.Key Support Levels: $0.27, $0.35, $0.319.Key Resistance Levels: $0.4, $0.45, $0.5.XRP has been on an epic rollercoaster of the last week of trading. The coin had managed to penetrate above a symmetrical triangle toward the end of January as it started its bullish surge higher toward $0.5.On the 1st of Feb, XRP exploded higher to reach $0.77. However, by the end of the day, it quickly came crashing down as it dropped 52% from the high to close the candle...

XRP/USD: Pump and DumpKey Support Levels: $0.35, $0.319, $0.30.Key Resistance Levels: $0.4, $0.45, $0.5.XRP managed to break the previous consolidation phase over the weekend as it penetrated above a symmetrical triangle pattern. The coin continued to climb after breaking to close the daily candle at $0.5 yesterday.Today, XRP started the day by rising 50% to reach as high as $0.77, in what is suspected to be an organized pump. However, because of that reason, the dump wasn’t late to come.XRP...