Brad Garlinghouse and Ripple have some very big plans for the coming months.Ripple Has Made Big ChangesIn February, Garlinghouse explained that he wants his company to be the “Amazon” of the cryptocurrency industry, meaning he wants it to be bigger than big. Bigger than bitcoin, bigger than any other cryptocurrency known to man. Ripple must be number one, and he won’t stop until this goal is accomplished.At first glance, it looks like these might just be words. Amazon, after all, has a market...
Read More »Ripple Price Analysis: Bulls Facing Uphill Task Near $0.17
Ripple price is currently correcting higher after a massive decline of 50% against the US dollar.The price is back above the $0.1400 area, but it is facing a lot of hurdles.There is a major bearish trend line forming with resistance near $0.1700 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to struggle near the $0.1650 and $0.1700 resistance levels in the near term.Ripple price is slowly recovering from the $0.1100 yearly low against the US Dollar. XRP...
Read More »Ripple Lawsuit Gets the Go-Ahead from a Federal Court
The class-action lawsuit against Ripple has received the greenlight from a federal judge.The Court Moves Against RippleRipple has long touted itself as a non-security, but several of the plaintiffs involved in the suit claim otherwise. One describes Ripple as an “ongoing ICO [initial coin offering],” while others scoff at the currency’s reportedly centralized nature. It is reported that more than 50 percent of XRP units are still held by Ripple executives including Brad Garlinghouse, the...
Read More »Ripple Price Analysis: Can $0.20 Support Hold The Current Drop?
Ripple price declined heavily below the key $0.2240 support area against the US dollar.The price is down more than 10% and it is now trading near the $0.2000 support area.There was a break below a major ascending channel with support near $0.2350 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair remains at a risk of more losses if it fails to stay above the $0.2000 support area.Ripple price is now back in a bearish zone below $0.2200 against the US Dollar. XRP price...
Read More »Ripple Price Analysis: Can XRP Hold This Key Support?
Ripple price declined heavily below the $0.2640 support zone against the US dollar.The price is currently consolidating above the key $0.2215 support level.There is a major bearish trend line forming with resistance near $0.2375 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair must climb above $0.2375 and $0.2465 to start a decent recovery in the coming sessions.Ripple price is currently consolidating above $0.2200 against the US Dollar. XRP price remains at a risk...
Read More »Luno Says It Will Be Supporting Ripple Very Soon
Cryptocurrency exchange Luno – based in London in the United Kingdom – has stated that it will soon add Ripple’s XRP to its list of tradeable assets for customers to enjoy.Ripple Is Coming to Luno CustomersThe news comes after Luno engaged in a year-long poll in which all its customers were asked which new asset they would be the most interested in trading or purchasing in the future aside from bitcoin (BTC) and Ethereum (ETH), as the exchange already offers these assets to its users. Ripple...
Read More »Ripple Price Analysis: XRP Could Dip Further Before Fresh Increase
Ripple price is struggling to climb above the $0.2850 resistance area against the US dollar.The price is currently declining and it might test the $0.2645 support level.There is a key bearish trend line forming with resistance near $0.2805 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair must climb above $0.2805 and $0.2850 to start a strong increase in the coming sessions.Ripple price is currently struggling below $0.2850 against the US Dollar. XRP price could dip...
Read More »Ripple Price Analysis: XRP Starts Strong Corrective Decrease Below $0.30
Ripple price topped near the $0.3480 area and started a strong decline against the US dollar.The price is down more than 15% and broke the $0.3000 support area.There was a break below a key bullish trend line with support near $0.2885 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair tested the $0.2680 support area and it is now showing a few bearish signs.Ripple price started a strong bearish wave from well above $0.3400 against the US Dollar. XRP price is now...
Read More »Ripple Price Analysis: XRP Remains In Strong Uptrend Above $0.27
Ripple price climbed higher nicely above the $0.2700 resistance area against the US dollar.The price tested the $0.2880 resistance area and it is currently correcting lower.There is a key bullish trend line forming with support near $0.2755 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair remains well supported for more gains above $0.2700 and $0.2680.Ripple price is showing a lot of positive signs above the $0.2700 area against the US Dollar. XRP price is likely...
Read More »Will a Ripple IPO Emerge Sometime in the Coming Months?
Ripple (XRP), the world’s third largest cryptocurrency by market cap, has suggested that an initial public offering (IPO) based on its technology is slated to arrive in the coming months.Ripple Continues to Make WavesAt the Davos World Economic Forum last January, CEO of Ripple Brad Garlinghouse explained to a crowd of listeners that a Ripple IPO could occur sometime in 2020. He also stated that more IPOs based on cryptocurrencies are likely to follow, and that this will likely become a...
Read More »