Tag Archives: Ripple (XRP) Price

XRP/USD – XRP Rangebound Between $0.65 and $0.435Key Support Levels: $0.45, $0.43, $0.4.Key Resistance Levels: $0.556, $0.6, $0.648.Throughout the December period, XRP has been trapped between $0.65 and $0.43. It reached the lower boundary of this range last week and proceeded to bounce from the support provided by a .618 Fib Retracement.After rebounding, XRP started to climb higher but could not close a daily candle above $0.58. As a result, XRP rolled over during the weekend and fell...

The moment has come. Apparently, the SEC is ready to sue Ripple for issuing XRP as a non-registered security.After several years of uncertainty, it seems that U.S. regulators would be willing to answer once and for all the most crucial question that any member of the XRP Army has ever asked. Is XRP a security?According to Fortune, the American company received a notice on Monday that it would be sued by the SEC. Brad Garlinghouse, Ripple’s CEO, did not deny the news and, in fact, spoke out on...

XRP/USD: Ripple Waiting For Next MoveKey Resistance Levels: $0.6, $0.678, $0.78Key Support Levels: $0.50, $0.437, $0.33XRP/USD. Source: TradingViewAfter breaking out of a crucial resistance on Wednesday, Ripple touched $0.68 and pulled back to where it’s now consolidating at $0.577. Volatility is low at the moment but it could resume its bullish momentum as soon as it finds key support. While the market remains indecisive, it has still gained 12% in the past week.Considering the mid-week...

The last week saw the entire cryptocurrency market painted in green. Interestingly enough, Litecoin is the major altcoin that gained the most, with BTC following in second place. Unfortunately for XRP bulls, it failed to realize any substantial profits over the past seven days. BitcoinBitcoin saw an impressive growth over the past few days, resuming its long-term bullish trend with full speed. From around the $17,100 correction level, the leading cryptocurrency bounced back with roughly 25%...

Following the massive surge towards a new all-time high of nearly $24,000, bitcoin dipped and calmed around $23,000. Some alternative coins, such as Litecoin and Ripple, have added value in the past day resulting in the total market cap tapping $670 billion.Bitcoin Paints A New ATH And Slides To $23KBitcoin consolidated around the $19,000 mark for a few days before initiating an impressive leg up that resulted in breaking a few records.Initially, the primary cryptocurrency breached above...

XRP/USD: Ripple Bounces BackKey Resistance Levels: $0.52, $0.6, $0.7Key Support Levels: $0.458, $0.4, $0.33XRP/USD. Source: TradingViewOver the past few hours, XRP saw a quick 10% recovery to where it’s trading around $0.50 at the time of writing. This follows the most recent BTC rally to a new all-time high above $20,000.Looking at the current market structure, the bearish bias still appears strong on the 4-hours chart. Although, a strong recovery may come into play once bulls show further...

XRP/USD: Sellers Remains In ChargeKey Resistance Levels: $0.59, $0.7 $0.78Key Support Levels: $0.5, $0.4, $0.33Despite the recent recovery in Bitcoin above $19,000, XRP continued to show weakness as it failed to reclaim the $0.5 support. As of now, it is trading around $0.495 with a daily 5% decrease.The trend is still looking bearish in the short-term following a series of rejections at the descending resistance forming since November. Both the 4-hours RSI and MACD indicators confirm that...

After reclaiming the $19,000 bitcoin’s chances to break above $19,400 seem more likely. Most altcoins have slightly increased their value in a day, with Ethereum closing down to $600.Bitcoin Stays Above $19KFollowing last week’s roller-coaster that resulted in bitcoin dipping to $17,500 on two occasions, the primary cryptocurrency started to gain value during the weekend.CryptoPotato reported that the asset firstly overcame $18,000 before doing the same with the $19,000 level. In the past 24...

Just two days after bottoming at $17,500, bitcoin has recovered the losses and spiked back beyond $19K, as of writing these lines. Most major altcoins are also green, besides Ripple (XRP), which continues to drop in value following the Spark (FLR) airdrop snapshot.Bitcoin Soars Above $19,300: Overvalued?The primary cryptocurrency had a volatile past several days. Last Friday, just two days ago, It went from trading safely around the $19K mark to as low as $17,500.However, after Wall Street...

This week had the entire cryptocurrency market painted in red as Bitcoin withdrew to a low of $17,650 before recovering to where it currently trades at. All of the altcoins followed suit, and as a result, they’ve charted substantial decreases over the course of the past seven days, as seen in the graph below.Bitcoin lost roughly 5.6% over the past 7 days now. Following the latest drops, the leading cryptocurrency is now floating around $18,000.However, its long-term bullish trajectory is...