Tag Archives: XRP

Ripple price is slowly moving higher towards the $0.4800 and $0.5000 resistance levels against the US dollar. The price is now stable above the $0.4450 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.4500 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair is likely to continue higher once it clears the $0.4800 and $0.5000 resistance levels. Ripple price is showing a few...

Ripple price failed to stay above $0.5000 and declined sharply against the US dollar. The price is now trading well below the $0.450 zone and the 55 simple moving average (4-hours). There is a key declining channel forming with resistance near $0.4320 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair is likely to continue lower towards the $0.3500 support zone in the near term. Ripple price is started a fresh decline below $0.5000 and $0.4500...

Ripple price failed to extend gains above the $0.5800 resistance level against the US dollar.The price is now trading well below the $0.5500 zone and the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $0.5550 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to continue lower towards the main $0.4650 support zone in the near term.Ripple price is struggling to settle above $0.5200 against the US Dollar. XRP...

Despite the huge and ugly lawsuit pending against Ripple, the company’s cryptocurrency XRP has recently incurred a massive gain following news that Tesla has purchased approximately $1.5 billion worth of bitcoin, the world’s leading digital asset by market cap. The news suggests that all smaller altcoins still move in tandem with BTC and have yet to find their own footing in the growing world of digital currency.Ripple Shoots UpFollowing the purchase, XRP rose as much as 15 percent before...

Ripple price started a fresh increase above the 0.5000 and $0.5500 resistance levels against the US dollar.The price is now trading well above the $0.5000 zone and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $0.5400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to remain well bid above the $0.5200 and $0.5000 support levels in the near term.Ripple price is trading in a positive zone above $0.5000...

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....

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...