Ripple price gained pace and cleared the $0.3500 resistance against the US dollar. The price is now trading above $0.3500 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.3400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could rise steadily if it stays above the $0.3600 and $0.3650 support levels. Ripple price is recovering above $0.3500 against the US Dollar, similar to...
Read More »Ripple Price Analysis: Risk of Drop Below $0.30
Ripple price started a fresh decline from the $0.3600 resistance against the US dollar. The price is now trading below $0.350 and near the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3320 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 $0.3320 and $0.3450 resistance levels. Ripple price is consolidating above $0.300 against the US Dollar,...
Read More »Ripple Price Analysis: Bears Aim Test of $0.29
Ripple price started a fresh decline from the $0.3700 resistance against the US dollar. The price is now trading below $0.340 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if it breaks the $0.320 and $0.318 support levels. Ripple price is declining below $0.350 against the US Dollar, similar to...
Read More »Ripple Price Analysis: Risk of More Downsides Below $0.325
Ripple price started a fresh decline from the $0.3900 resistance against the US dollar. The price is now trading below $0.355 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $0.3780 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if it breaks the $0.330 and $0.325 support levels. Ripple price is declining below $0.355 against the US Dollar, similar...
Read More »Ripple Price Analysis: Bulls Eye Upside Break Above $0.4
Ripple price gained pace and cleared the $0.3650 resistance against the US dollar. The price is now trading above $0.365 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.3740 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could rise steadily if it stays above the $0.3720 and $0.3650 support levels. Ripple price is recovering above $0.3750 against the US Dollar, similar to bitcoin....
Read More »Ripple Price Analysis: Bulls Eye Fresh Increase To $0.4
Ripple price gained pace and cleared the $0.3550 resistance against the US dollar. The price is now trading above $0.35 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.3600 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could rise steadily if it stays above the $0.3750 and $0.3670 support levels. Ripple price is recovering above $0.3500 against the US Dollar, similar to...
Read More »Ripple Price Analysis: Bears Aim Test of $0.5
Ripple price started a fresh decline from the $0.6550 zone against the US dollar. The price is now trading below $0.60 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.6000 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend declines if there is a clear move below the $0.550 support zone. Ripple price is struggling below $0.6000 against the US Dollar, similar to bitcoin....
Read More »Ripple Price Analysis: Bulls Attempt Recovery Above $0.6
Ripple price started a fresh decline from the $0.7650 zone against the US dollar. The price is now trading below $0.65 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.6080 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend recovery if there is a move above the $0.6330 resistance zone. Ripple price is struggling below $0.6500 against the US Dollar, similar to...
Read More »Brad Garlinghouse Suggests the Crypto World Is “Polarized”
Brad Garlinghouse, the man behind major altcoin and payment system Ripple, says that “tribalism” is preventing the $2 trillion crypto space from getting any further. Brad Garlinghouse On Crypto: There’s Too Much “Tribalism” In a recent interview, Garlinghouse stated: Polarization isn’t healthy in my judgement. I own bitcoin, I own ether, I own some others. I am an absolute believer that this industry is going to continue to thrive. All boats can rise. Garlinghouse is a...
Read More »Is the Chinese Cryptocurrency H Coin a Scam?
Lisa Chen, a Chinese immigrant living in Australia, wired about $20,000 into an overseas bank to invest in what was known as Himalaya Coin or H Coin, which was a new brand of cryptocurrency designed to serve as an anti-Chinese government tool. There Are Red Flags Surrounding H Coin She went so far as to tell all her family and friends about the currency. Chen explained in an interview: I invested and asked all my relatives to invest in H Coin as well. I thought I did the...
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