Tag Archives: xrpbtc

Ripple has recently faced heightened selling pressure, propelling the price below a crucial support region that includes the wedge’s lower boundary and the 100-day and 200-day moving averages. However, a completed pullback has recently emerged, confirming the validity of the breakout. By Shayan The Daily Chart The daily chart reveals a pronounced drop in Ripple’s price, breaching its multi-month sideways consolidation range. This occurrence initiated a substantial number of...

Following an extended period of sideways consolidation, the price underwent an unforeseen impulsive cascade, breaching the lower boundary of the range. Consequently, the market appears to have transitioned into a phase of successive bearish movements, signaling prevailing negative sentiment. By Shayan Ripple Price Analysis: The Daily Chart Examining the daily chart reveals that Ripple has decisively broken below its multi-month sideways consolidation range, experiencing a...

Ripple’s price has been navigating an extended sideways consolidation phase, displaying slight volatility. As the price approaches the narrow confines of the symmetrical triangle pattern, the potential for a significant move in either direction becomes increasingly likely. By Shayan Ripple Price Analysis: The Daily Chart A closer look at the daily chart reveals a robust support region comprising the 100-day and 200-day moving averages, along with the lower boundary of the...

An illuminating conversation unfolded on X this week about XRP Ledger’s smart contract features. A Ripple expert corrected some misconceptions that Ripple is not as feature-rich as its competitors. Are Ripple Use Cases Limited? If you ask Google Bard or any AI chatbot why XRP price hasn’t shown the kind of gains Bitcoin (BTC) and Solana (SOL) have this year, it might tell you it’s because Ripple doesn’t have as many use cases: “While XRP is initially designed for fast and...

Ripple’s price has been consolidating against USDT during the past few weeks while remaining clearly bearish against BTC. Analyzing both pairs might provide clues on the future price trend. Technical Analysis By TradingRage Ripple Price Analysis: The USDT Chart Against USDT, the price has been trapped inside a triangle pattern since November and is yet to break out. While the $0.6 support level has been providing support and preventing a more profound decline, the price has...

Ripple continues to navigate its consolidation phase, as observed by the price oscillating within a pivotal range, forming a sideways wedge pattern. Notably, XRP encounters a robust support zone, identified by the convergence of the 100 and 200-day moving averages, along with the lower boundary of the wedge. This convergence holds the potential to impede any downward movements. By Shayan Ripple Price Analysis: The Daily Chart The ongoing consolidation has expanded around a...

Ripple has entered a consolidation stage, with the price slightly decreasing towards a significant support area encompassing the 100-day and 200-day moving averages. This support zone is anticipated to impede further downward trends, propelling the price towards higher levels. By Shayan The Daily Chart Upon closer examination of the daily chart, it is evident that Ripple’s consolidation phase has extended, characterized by low volatility and a gradual decline toward a...

The New York Times featured the Ripple Labs president in a recent special series on global consumer behavior in 2024. “We asked a global group of entrepreneurs, business leaders and academics to assess consumer behavior,” wrote the Times. Ripple President Explains Global Appeal of XRP For her part in the series, Long makes the case that TradFi structures are “too slow to support” the current pace of global commercial growth. As a result, the developing world is turning to...

Five months after Ripple’s resounding legal triumph over U.S. regulators, the company’s cryptocurrency has shed virtually all of its former gains against its digital competitors. The XRP/BTC price ratio has returned to its level from prior to July 13, after which XRP rallied against the market’s leading crypto asset by ~80% within a week. Back To Reality For XRP In mid-July, U.S. district Judge Analisa Torres ruled that XRP sales on the secondary market did not constitute...

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and BONK. Ethereum (ETH) ETH’s price booked a 12% increase this past week after it was finally able to escape the ascending triangle that has been forming since 2022. The breakout above $2,150 started this rally, which may not see any significant pullback until $2,500. That is the current target for this move. If buyers remain aggressive, they could aim to take Ethereum to $3,000 after that. Looking...