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Tag Archives: XRP

Ripple Price Analysis: Bears In Action Below $0.40

Ripple price started a fresh decline below the $0.4000 zone against the US dollar. The price is now trading below $0.4000 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3820 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.4000 resistance zone. Ripple price is struggling below $0.4000 against the US Dollar, similar to bitcoin. XRP price...

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Ripple CTO Describes XRP Buyback Theory as an ‘Awful’ Lot of ‘Scam’

Should the United States consider making XRP the reserve currency of the world and buy its entire holding from the market?  Well, this speculative idea floated by Jimmy Vallee, Managing Director of Valhill Capital, in 2021 is once again doing rounds after he talked about it in a recent interview.  But Ripple Lab’s CTO David Schwartz says he has not even looked at it closely.  Sounds Like a Scam The latest to rubbish Vallee’s speculative buyback theory is Ripple’s CTO, David...

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Ripple Price Analysis: Key Support Intact Near $0.375

Ripple price is facing resistance near the $0.420 level against the US dollar. The price is now trading below $0.410 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.4110 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could decline further if there is now move above the $0.4120 resistance. Ripple price is correcting lower from $0.4320 against the US Dollar, similar bitcoin. XRP...

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Ripple Price Analysis: Key Breakout Resistance At $0.43

Ripple price is moving higher above the $0.400 level against the US dollar. The price is now trading above $0.400 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.4120 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could gain bullish momentum if it clears the $0.4300 resistance zone in the near term. Ripple price is rising steadily above $0.400 against the US Dollar, unlike bitcoin....

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Ripple Price Analysis: Bulls In Control Above $0.38

Ripple price is moving higher above the $0.385 level against the US dollar. The price is now trading above $0.385 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.3910 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could gain bullish momentum if it clears the $0.4160 resistance zone in the near term. Ripple price is rising steadily above $0.390 against the US Dollar, unlike...

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Ripple Price Analysis: Uptrend In Place Above $0.40

Ripple price is moving higher above the $0.38 level against the US dollar. The price is now trading above $0.380 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.3820 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could gain bullish momentum if it clears the $0.4080 resistance zone in the near term. Ripple price is rising steadily above $0.380 against the US Dollar, unlike bitcoin....

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Ripple Price Analysis: Bulls Aim Higher Above $0.37

Ripple price is slowly moving higher above the $0.35 level against the US dollar. The price is now trading above $0.3400 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.3410 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could gain bullish momentum if it clears the $0.3560 resistance zone in the near term. Ripple price is rising steadily above $0.340 against the US Dollar,...

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