Tag Archives: Ripple

Ripple price remained stable above the $0.3500 and $0.3650 support levels against the US dollar.The price is now trading near the $0.4300 zone and the 55 simple moving average (4-hours).There is a key declining channel forming with resistance near $0.4300 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a steady increase if it clears the $0.4300 and $0.4400 resistance levels.Ripple price is trading in a positive zone above $0.3500 against the US Dollar....

Once again, it appears the news has been working hard to ensure bitcoin is covered in all its crypto-related headlines while turning its back on all the smaller, competing altcoins that have seemingly been doing better at press time.Bitcoin Is Outshining Many Stronger CoinsNo doubt that bitcoin appears to be getting back on track as of late. After a heavy drop that saw the currency lose roughly $10,000 off the $42,000 high it attained in early January, the currency is back on track to hitting...

The lawsuit between Ripple and the Securities and Exchange Commission (SEC) just keeps heating up. Ripple has now put in a request with the agency to view documents determining its decisions to allow both bitcoin and Ethereum to be exempt from securities statuses through what’s known as a “Freedom of Information” request.Ripple: What Makes Us So Unique, Huh?Here’s a little background on the situation. Ripple is being charged by the SEC for hosting an improper token sale back in 2013....

Ripple price started a strong increase after forming a base above $0.2500 against the US dollar.The price is now trading well above the $0.5000 resistance and the 55 simple moving average (4-hours).There was a break above a major contracting triangle with resistance near $0.5050 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair traded as high as $0.5806 and it is likely to continue higher.Ripple price is trading in a positive zone above $0.5000 against the US...

The lawsuit between Ripple and the Securities and Exchange Commission (SEC) is starting to heat up.Ripple Could Be Heading to a Point of No ReturnHere’s a little background on the case. Less than a month ago, the financial agency filed a civil suit against Ripple, which issues the fourth-largest cryptocurrency in the world known as XRP after bitcoin, Ethereum and Tether (a stable currency). The SEC is alleging that Ripple falls into the “securities” category and did not properly register its...

Ripple price is holding the key $0.2560 support zone against the US dollar.The price is still facing many hurdles near $0.3000 and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.2820 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could accelerate higher once it clears the $0.2820 and $0.2840 resistance levels.Ripple price is trading in a positive zone above $0.2560 against the US Dollar. XRP price must...

Ripple price is showing a lot of bearish signs below the $0.3000 level against the US dollar.The price is still holding the key $0.2550 support level, but it is well below the 55 simple moving average (4-hours).There is a major contracting triangle forming with support near $0.2720 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a strong decline if it breaks the $0.2720 and $0.2680 support levels.Ripple price is struggling to start a decent recovery...

Ripple and XRP are continuing to lose the love they once boasted thanks to the recent lawsuit initiated by the Securities and Exchange Commission (SEC).Ripple Is Losing Out AgainThe financial firm recently filed charges against Ripple on account that the XRP asset it hosts is alleged to be a security rather than a currency by agency heads. Thus, according to the organization, Ripple has not been forthcoming regarding the coin’s status and engaged in an illegal token sale when XRP was first...

Ripple price failed to clear $0.3700 and started a strong decline below $0.3000 against the US dollar.The price is now holding the key $0.2550 support level and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.2560 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a strong recovery wave as long as the price above $0.2550 and $0.2560.Ripple price is down over 20% from well above $0.3500 against the US...

Ripple price declined heavily and recently started consolidating above $0.200 against the US dollar.The price is now facing hurdles near $0.2500 and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $0.2500 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a strong increase if it clears the $0.2500 and $0.2650 resistance levels.Ripple price is showing bullish signs above $0.2200 against the US...