Tag Archives: Ripple (XRP) Price

XRP/USD – Bulls Battle To Stay Above .382 Fib & 20-days MA Key Support Levels: $1.29, $1.25, $1.12.Key Resistance Levels: $1.40, $1.50, $1.77. XRP might be down 28% this week, but it seems the bulls have found solid support at $1.29, provided by a .382 Fib. XRP has closed each daily candle above this support for the past four days, and it is now further bolstered by the 20-days MA. On Sunday, bitcoin suffered a significant price drop which caused the entire market to head...

This week was quite bullish for the entire cryptocurrency market. Bitcoin charted a fresh all-time high and so did a lot of other cryptocurrencies. Altcoin season is booming as the BTC dominance continues to decline. Bitcoin Bitcoin saw a 4.2% price hike this week as the coin currency sits at around $60,500. BTC had surged higher throughout the week and set a new ATH at around $65,000 on Wednesday. Unfortunately, it could not close a daily candle above resistance at $63,766...

XRP/USD – XRP Continues To Set Multi-Year Highs Key Support Levels: $1.63, $1.50, $1.41.Key Resistance Levels: $1.77, $1.98, $2.10. XRP surged by a whopping 87% over the past week as the coin currently sits at around $1.7. The cryptocurrency was trading at $1.00 just six days ago but has since shot up higher to break resistance at $1.25 (Feb 2018 highs) and reach highs not seen since January 2018. On Tuesday, XRP surged from $1.40 to reach as high as $1.90. It continued...

After launching ETPs for Bitcoin, Ethereum, and Litecoin, Europe’s largest crypto investment firm, CoinShares, has continued expanding its portfolio with the addition of an XRP exchange-traded product. As with the previous similar initiatives, the XRP ETP will be listed on the regulated Six Swiss Exchange, and each unit will be backed by physical tokens. CoinShares Launches XRP ETP Despite the ongoing legal case in the US against the country’s securities regulator, Ripple’s...

The narrative that cryptocurrencies are not used as payment methods continues to be debunked, with numerous companies enabling such transactions lately. One of the largest Canadian brokers, Matrix Mortgage Global, is the latest to introduce payments with Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ripple (XRP), and some stablecoins. Mortgage Payments with Crypto Founded in 2008, Matrix Mortgage Global enables customers to receive financing on housing that has carried...

XRP/USD – XRP Trading At Highs Seen Only At 2017 Bubble Top Key Support Levels: $1.35, $1.25, $1.13. Key Resistance Levels: $1.51, $1.61, $1.70. XRP has been on an absolute rampage over the past week as it managed to surge by a huge 150% over the period. The cryptocurrency finally broke the $1 milestone level on Tuesday and exploded since then, as it currently trades above $1.4. Earlier today, the buyers continued to drive XRP higher as they reached $1.51 (1.618 Fib...

The blockchain-based payment processor has registered another win in its ongoing legal battle against the US Securities and Exchange Commission. The Judge ruled in favor of Ripple by dismissing SEC’s request to access Ripple executives’ personal bank records.  CryptoPotato reported in early March when the SEC sent subpoenas to six banks requesting personal financial information for Ripple’s CEO Brad Garlinghouse and the co-founder Christian Larsen.   The duo objected and...

Bitcoin Bitcoin moved sideways over the last week of trading as it sits at $58,500. At the start of the week, the cryptocurrency made multiple attempts to break the $60,000 level but failed on each attempt. It then went on to establish support at $57,000. However, this support was penetrated on Wednesday as BTC plummeted as low as $55,440. Luckily, the buyers regrouped at this low and managed to allow BTC to rebound above $58,000 yesterday. Today, BTC continued higher to...

XRP/USD – Bulls Break $1 For First Time Since March 2018 Key Support Levels: $0.9, $0.828, $0.75.Key Resistance Levels: $1.00, $1.10, $1.14. XRP saw impressive growth over the past few days as it broke above $1 for the first time since March 2018 after a 65% weekly surge. The cryptocurrency penetrated above an ascending bullish wedge at the start of the week and exploded higher on Monday to reach $0.8. The buyers continued and reached as high as $1.14. More specifically, they...

Despite the ongoing legal battle with the Securities and Exchange Commission and today’s hearing, Ripple’s native digital asset has exploded in value in the past few days. XRP is more than 70% up in a week, and its price tapped $1 for the first time since mid-2018.  CryptoPotato reported in late 2020 that the SEC has alleged the blockchain-based payment processor of conducting a $1.3 billion unregistered securities offering.  Although Ripple’s executives claimed on numerous...