Tag Archives: xrpbtc

Despite an uneventful weekend, XRP started Monday in green. Key Support levels: $0.54 Key Resistance levels: $0.68 1. Price Find Support After a roller coaster volatility, XRP’s price finally found good support at 54 cents and it seems buyers are again interested in taking this cryptocurrency higher. If successful, the current target and resistance is found at 68 cents. Chart by TradingView2. Buyers Return If over the weekend buyers were absent, they appear to have returned...

Following a significant drop to the crucial support region of $0.43, Ripple encountered increased buying pressure and saw a substantial surge, pushing the price back above the 100 and 200-day moving averages. This recent action has left market participants uncertain about XRP’s overall direction, with the upcoming movements likely providing clarity. By Shayan The Daily Chart An in-depth look at Ripple’s daily chart shows that after a sharp decline below the 100 and 200-day...

Ripple has been fined $125 million in the lawsuit against the United States Securities and Exchange Commission. This is just a fraction of what the SEC had previously asked for in the case. The fine that Judge Analisa Torres settled on is far less than the $1 billion in disgorgement and prejudgment interest and $900 million in civil penalty the SEC sought. XRP investors have seen this as a positive for the firm and the cryptocurrency, which exploded by more than 20%...

This article represents the opinion of the author and is not to be construed as financial advice. Ripple’s XRP may be one of the most undervalued currencies in the blue-chip blockchain economy. That’s due to XRP’s legal success against the SEC and its product development. Could XRP price be gearing up for a moonshot bull run sometime in Q3? Very Bullish XRP Price Prediction XRP price analyst Egrag Crypto raised the staggering specter of a $17 XRP price sometime in the near...

Following a minor rejection near the $0.64 resistance zone, the price retraced to the broken 200-day moving average, validating the bullish breakout. This movement signifies a positive market sentiment, with the price targeting a reclaim of the $0.64 resistance. By Shayan The Daily Chart A thorough analysis of the daily chart reveals that Ripple has maintained its upward trajectory toward the significant $0.64 resistance zone, a key threshold on the daily timeframe. However,...

TL;DR Ripple’s XRP has surged above $0.60, with a market cap of over $34 billion, making it the sixth-largest cryptocurrency. Future growth depends on several elements, one of which is the eventual outcome of the lawsuit against the US SEC. The Necessary Conditions Ripple’s XRP has been among the top-performing cryptocurrencies lately, with its price jumping above the $0.60 mark for the first time in more than three months. Its market capitalization exceeded $34 billion,...

RippleX, the portal designed to empower developers in the XRP Ledger ecosystem, shared an important update today that requires action from certain users. In a post to Twitter, RippleX took the opportunity to remind people that anyone operating a node on XRPL has to upgrade to the latest version of Rippled in order to ensure the continuity of the service. Important reminder! If you operate an XRPL node to please upgrade to the latest version of rippled to ensure service...

Following an impulsive surge driven by increased buying pressure near the crucial $0.43 support, XRP’s price has broken through multiple key resistance levels, including the 100 and 200-day moving averages. The market sentiment has shifted bullish, with buyers targeting the critical $0.65 threshold. By Shayan The Daily Chart An in-depth examination of the daily chart shows that after a significant uptick in buying interest near the key $0.43 support region, Ripple...

Ripple has demonstrated a strong bullish surge from the $0.42 support region, reclaiming significant resistance levels up to the 200-day MA around $0.54. The main challenge lies in overcoming the resistance at $0.54-$0.55, where significant selling pressure is present. By Shayan The Daily Chart An in-depth analysis of the daily chart reveals that XRP faced increased buying interest near the crucial support region of the multi-month descending channel’s middle boundary at...

Ripple’s XRP managed to increase by a whopping 10% in the past 24 hours, pushing past the important $0.5 resistance and also leading the recovery of the broader altcoin sector. As CryptoPotato reported earlier, the entire industry is seeing an uptick, with Bitcoin’s price also increasing toward $59K. But why did XRP’s price suddenly shoot up? Let’s explore some of the possible reasons. Volatility Was Due to XRP’s Price Earlier in July, we reported that a historic pattern was...