Ripple, one of the leading cryptocurrency projects, oriented mainly towards facilitating cross-border payments and settlement, has seen an 85% decrease in its total sales for the first quarter of 2020.Total Ripple Sales Decrease By 85%Ripple released its quarterly report yesterday and revealed some interesting insights and statistics.Per the document, the company has seen a serious decrease in its total sales compared to the last quarter of 2019. During the last three months of the previous...
Read More »XRP Surges Above $0.22 Following Bitcoin Price Explosion. Ripple Price Analysis & Overview
XRP surged by 6% over the past 24 hours of trading as the coin finally breaches $0.20 and finds $0.22.The cryptocurrency was trapped beneath $0.20 for the past 6-weeks but finally broke this resistance yesterday.Against Bitcoin, XRP found support at 2525 SAT and rebounded to break the long term falling trend line.Key Support & Resistance LevelsXRP/USD:Support: $0.217, $0.21, $0.208.Resistance: $0.228, $0.24, $0.245.XRP/BTC:Support: 2700 SAT, 2680 SAT, 2620 SAT.Resistance: 2750 SAT, 2800...
Read More »Ripple And Thailand’s Oldest Bank Launched A Cross-Border Payment App Using RippleNet
Several months after signing the initial partnership agreement, Ripple and Siam Commercial Bank (SCB) officially launched an application called SCB EASY for cross-border payments. Thailand’s oldest bank demonstrated the app’s efficiency by completing a transaction in less than a minute.SCB EASY Is HereThe partnership between the two entities became official at the start of the year, as CryptoPotato reported. At the time, SCB said that it will create a mobile application running on Ripple,...
Read More »Ripple Records New Monthly Low Against Bitcoin, Opportunity Or Falling Knife? XRP Price Analysis & Overview
XRP saw a small 0.4% price hike over the past 24 hours as it continues to edge its way toward $0.20.The coin rebounded from support at $0.18 last week as it bounced from a rising trend line.Against Bitcoin, XRP has been falling throughout April and recently dropped into the 2550 SAT level.Key Support & Resistance LevelsXRP/USD:Support: $0.191, $0.18, $0.171.Resistance: $0.2, $0.206, $0.218.XRP/BTC:Support: 2550 SAT, 2510 SAT, 2500 SAT.Resistance: 2600 SAT, 2650 SAT, 2710 SAT.XRP/USD:...
Read More »Crypto Price Analysis & Overview April 24th: Bitcoin, Ethereum, Ripple, Tezos, and Cardano
BitcoinBitcoin went through a 6.23% price hike over the past seven days of trading as the cryptocurrency managed to push to a fresh April high at $7,700. The coin met resistance at $7,200 last week, which caused it to drop beneath $7,000 at the start of this week. It went on to find support at $6,800, where it rebounded.On the rebound, Bitcoin took out resistance at $7,000, $7,200, and $7,400 as it spiked as high as $7,780. It since dropped to the current $7,500 level, where it faces...
Read More »Bitcoin Skyrockets To $7700: Almost Fully Recovered From The March 12 Collapse, As Gold, Oil and Global Markets Soar
Bitcoin made a serious move in the past few hours as its price soared up to above $7,720 in just a few minutes. Legacy markets followed as the S&P500, the Dow, as well as gold and oil are all trading in the green.Bitcoin Price Surges to $7,700In a few quick hours, Bitcoin’s price marked a massive increase, surging up above $7,700 from about $7,060. The price has since retraced a bit as it’s currently trading around $7500, which is still about 5% on the day.BTC/USD. Source: BinanceAs it...
Read More »With Little Help From Bitcoin’s Recent Surge, Can XRP Reach The $0.2 Benchmark? Ripple Price Analysis
XRP saw a small price increase of 1.25% today as the coin breached $0.19.The coin previously fell lower but managed to find support at $0.18 as it rebounded from a rising trend line.Against Bitcoin, XRP dropped beneath the support at 2650 SAT as it struggles to break above a falling trend line.Key Support & Resistance LevelsXRP/USD:Support: $0.18, $0.171, $0.165.Resistance: $0.191, $0.2, $0.208.XRP/BTC:Support: 2650 SAT, 2600 SAT, 2560 SAT.Resistance: 2710 SAT, 2750 SAT, 2800 SAT.XRP/USD:...
Read More »Ripple Files A Lawsuit Against YouTube For Failing To Prevent XRP Giveaway Scam Videos
Ripple, the payment protocol and the company behind the third-largest cryptocurrency XRP, is taking legal action against the video giant YouTube. The firm wants to hold the platform accountable for not fighting the increased number of giveaway scams and false impersonations appearing on its website. Ripple Sues YouTube In a recent post, Ripple announced that it will file a lawsuit against the most widely-used video sharing platform. The company blames YouTube for not taking the necessary...
Read More »Ripple Price Analysis: Can XRP Hold $0.18 After Bitcoin Dropped Below $7,000?
XRP saw a 3.5% price decline over the past 24 hours of trading as the cryptocurrency battles with the $0.18 level. The support here is provided by a rising trend line, and a break beneath this could result in XRP unwinding toward $0.16. Against Bitcoin, XRP rebounded from 2650 SAT but is facing resistance at a falling trend line. Key Support & Resistance Levels XRP/USD:Support: $0.18, $0.171, $0.165.Resistance: $0.191, $0.2, $0.208.XRP/BTC:Support: 2650 SAT, 2600 SAT, 2560...
Read More »Ripple Price Analysis: XRP Fails To Reach Critical Level of $0.20, Lower Targets Coming Up?
XRP saw a 2.5% price decline today as the cryptocurrency drops back towards the $0.19 level. It attempted to push toward the $0.20 level yesterday but got rejected at $0.196. Against Bitcoin, XRP also dropped beneath support at 2680 SAT as it heads toward 2650 SAT support. Key Support & Resistance Levels XRP/USD: Support: $0.18, $0.171, $0.165. Resistance: $0.191, $0.2, $0.208. XRP/BTC: Support: 2650 SAT, 2600 SAT, 2560 SAT. Resistance: 2710 SAT, 2750 SAT, 2800 SAT. XRP/USD – Ripple...
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