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Tag Archives: Ripple

Ripple Price Analysis: XRP Trend Overwhelmingly Negative

Ripple price is declining and it is trading below the $0.2200 pivot area against the US dollar.The price is likely to continue lower towards the $0.2100 and $0.2050 support levels.There is a key bearish trend line forming with resistance near $0.2180 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).A downside break below the $0.2100 support area could accelerate decline towards $0.2020.Ripple price is facing an increase in selling pressure below $0.2200 against the US...

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Ripple Price Analysis: XRP Approaching Next Significant Break

Ripple price is rising and it is trading near the $0.2315 resistance area against the US dollar.The price is likely to surge if it breaks the $0.2315 and $0.2325 resistance levels.There is a major breakout pattern forming with support near $0.2270 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).A downside break below $0.2270 and $0.2250 might negate the possibility of an upside break.Ripple price is approaching the next key break against the US Dollar. XRP price could...

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Ripple Boosts MoneyGram Investments; Plans to Bring in More Banks

Ripple appears to be undergoing a lot of changes, and by changes we mean extreme growth.Ripple: Growth Is on the HorizonFirst off, the boss of Ripple – Brad Garlinghouse – has expressed an interest in bringing more banks into the Ripple family. At a recent SWELL event, the head executive of the world’s third-largest cryptocurrency by market cap spewed out several angry words towards SWIFT, and international payment and remittance service, and called it a “one-way messaging system.”He...

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Ripple Price Analysis: XRP Near Crucial Juncture, Fresh Decrease Likely

Ripple price is struggling to climb above the $0.2300 and $0.2320 resistances against the US dollar.The price is currently trading near the $0.2200 support area and it could continue to move down.There is a major bearish trend line forming with resistance near $0.2250 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price is likely to accelerate lower if it continues to struggle near $0.2300.Ripple price is facing an increase in selling below $0.2300 against the US...

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Ripple Price Analysis: XRP Plummets To $0.20, More Losses Likely

Ripple price is down more than 20% in the past few days and settled below $0.2500 against the US dollar.The price is currently trading in a bearish zone and it recently tested the $0.2000 area.There are two major bearish trend lines forming with resistance near $0.2185 and $0.2400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price is likely to decline further and it could even trade below the $0.2000 support.Ripple price is tumbling below key supports against the US...

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Ripple Price Analysis: XRP At Risk Of Further Downsides

Ripple price is currently declining and trading well below $0.2700 against the US dollar.The price is likely to continue lower and it may even test the $0.2420 support area.There is a major declining channel forming with resistance near $0.2635 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price could only start a decent recovery once it settles above the $0.2760 resistance area.Ripple price is following a downtrend below the $0.2760 support against the US Dollar....

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Ripple Price Analysis: XRP Could Extend Decline Below $0.2700

Ripple price is currently trading in a bearish zone below $0.2840 against the US dollar.The price is at a risk of more downsides below the $0.2700 support area.There is a key bearish trend line forming with resistance near $0.2810 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price could only recover once it clears the $0.2810 and $0.2840 resistance levels.Ripple price is under pressure below the $0.2840 support against the US Dollar. XRP price might extend its...

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Ripple Lawsuit Likely to Last a Long Time, Attorney Says

Ripple is trapped in a heavy lawsuit, but the plaintiff – a customer named Bradley Sostack – has ultimately run out of time when it comes to responding to the company’s notion to dismiss, and it’s unclear where things will go from here.Where is the Ripple Suit Headed?The lawsuit stems not just from Sostack, but from several customers who seem to think that Ripple is a security and failed to appropriately register. They claim that the company has employed false advertising and that the...

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Ripple Price Analysis: XRP Facing Uphill Task Near $0.3000

Ripple price started a downside correction after tagging the $0.3150 resistance against the US dollar.The price is currently consolidating above the $0.2850 support area, with a few positive signs.There is a major bearish trend line forming with resistance near $0.2980 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price must surpass the $0.3000 barrier for a fresh increase in the coming sessions.Ripple price is facing a major hurdle near $0.3000 against the US...

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Ripple Opens New Office in the Heart of the U.S.

Ripple sees itself as so much more than a currency. That much is obvious, but the company is now making waves in the regulatory space.Ripple Is Heading Into New TerritoryRipple has opened a new office in Washington D.C., making it the only crypto venture to have devoted itself to government affairs according to an official press release. Craig Phillips, the former counselor to the secretary of the U.S. Treasury Department, is also joining Ripple’s board of directors alongside Michelle Bond,...

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