Tag Archives: xrpusd

Ripple (XRP) is the 5th largest crypto by market cap behind BTC, ETH, USDT, and BNB. In mid-October 2023, Ripple had a market capitalization of $26.6 billion. XRP price began to rally again in mid-October after six months of hardly moving (other than a July spike that lasted about a few weeks). Here are six major XRP price factors moving forward: 1. Tailwind: SEC Drops Charges Against Ripple Executives Ripple tokens jumped to 6% gains on the 7-day window Thursday after...

It’s been one hell of a week. Bitcoin’s price is up by a whopping 10% throughout it, and the entire market is painted in green. Ripple’s streak of wins against the US Securities and Exchange Commission continues. There’s a lot to unpack, so let’s dive in! First things first, after a relatively boring weekend where nothing much happened, it was all engines go on Monday. And yet, the reason will astound you. A report came out that the United States Securities and Exchange...

To say that the past seven days were eventful would be an understatement. The cryptocurrency market saw a lot of important developments, and its total capitalization now hovers around $1.14 billion. That said, Bitcoin’s price went through a rollercoaster. This time last week, the primary cryptocurrency was trading at around $27,000 (or slightly below it, if we have to be precise). It conquered $27K during the weekend, but it was on Monday when the action started picking up....

Ripple’s price has been showing a slight uptrend, retracing toward the 200-day moving average on the daily chart. However, if the cryptocurrency successfully breaks above the 200-day moving average and the significant resistance zone at $0.55, the market will probably shift into a bullish trend. XRP Analysis By Shayan The Daily Chart Upon analyzing the daily chart, Ripple’s price experienced a notable rejection, leading to a phase of consolidation. It retraced slightly toward...

Ripple’s price soared by almost 10% today before retracing to where it’s currently trading at. Now, let’s have a look at what this implies and where it might be headed next. Technical Analysis By Edris Ripple’s price has recently risen, leaving investors wondering if a new bullish trend is on the horizon. However, there is still an important resistance level to overcome. The USDT Paired Chart On the USDT paired chart, the price is breaking above both the 50-day and 200-day...

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin. Ethereum (ETH) Since June, Ethereum has formed a large ascending triangle. However, yesterday, the price fell under this formation and closed the week with a 2% loss. This puts ETH in a difficult position as it signals this correction may just be starting. There is good support at $1,440 and ETH may test this level before any sustained recover can be had. So far, the price action remains...

Ripple’s price has been gradually declining, forming lower highs and lows against both USDT and BTC. Despite this, investors can still be optimistic, as a potential rebound from the nearby support level is possible. Technical Analysis By Edris The USDT Paired Chart The price has been going through a bearish trend on the daily timeframe against USDT. The 200-day moving average, located around the $0.5 mark, is currently acting as resistance, preventing the price from rising...

Bitcoin slid to $25,000 on Monday, after a period of flat trading over the weekend at roughly $25,800. Other digital assets followed suit, with XRP down 6% on the day to just $0.47. The drop marks Bitcoin’s lowest price level since mid-June when the asset reeled from back-to-back U.S. government lawsuits against two of the world’s largest crypto exchanges, Coinbase and Binance. The asset rallied when BlackRock filed for a Bitcoin spot ETF days later, and again when Grayscale...

Ripple’s price has been relatively stagnant over the past week, showing little intent to move in either direction. However, analyzing nearby support and resistance levels and evaluating probable scenarios would be beneficial. Technical Analysis By Edris XRP/USDT Price Analysis Against USDT, the price has been consolidating below the 200-day moving average, located around the $0.5 mark. It has failed to close above the mentioned moving average in the last few days. The RSI...

Ripple’s price has been gradually declining over the past few days, and the situation does not look promising for XRP at the moment. Technical Analysis By Edris The USDT Paired Chart On the USDT-paired chart, the price has been struggling to rebound after the recent drop from the $0.9 resistance level. The 200-day moving average, located around the $0.5 mark, is also failing to hold the market, as the price has been closing below it in recent days. Considering the current...