This past week XRP saw an incredibly bearish retrace after struggling to maintain its position within the lower-$0.30 region, with its drop from its 2020 highs of $0.34 leading the crypto to plummet all the way to lows of $0.28 before finding any notable support.
Now, however, the recent bullishness seen within the aggregated market has allowed XRP to once again surmount this key level, leading its technical situation to grow increasingly bullish.
Analysts are now watching to see how the crypto responds to a few key technical formations, which could potentially lead it to rally to fresh 2020 highs.
XRP Breaks Above $0.30 as Crypto Market Shows Signs of Bullishness
At the time of writing, XRP is trading up just under 2% at its current price of $0.30, which marks a notable climb from recent lows of under $0.28 that were set in tandem with Bitcoin’s recent drop to lows of $9,400.
It does appear that the crypto is now facing some resistance at this level, and it’s a strong possibility that it will continue struggling to gain a solid foothold within the lower-$0.30 unless Bitcoin is able to incur an upwards movement that leads the aggregated market to follow suit.
One factor that could help XRP solidify its position within the $0.30 region is a bull flag that it is currently trading within.
Nik Patel – a prominent cryptocurrency analyst and trader – spoke about this pattern in a recent tweet, pointing to a chart showing a near-term upside target of $0.315.
“XRP flagging,” he said while referencing the chart seen within the below tweet.
$XRP flagging pic.twitter.com/t4Rknu4d1p
— Nik Patel (@cointradernik) February 19, 2020
Could This Pattern Send the Crypto to 2020 Highs?
Another technical pattern that could help the cryptocurrency see some further momentum is a broadening wedge, with a visit to the upper boundary of the wedge at roughly $0.36 potentially being imminent.
Galaxy, another prominent cryptocurrency analyst on Twitter, spoke about this in a recent tweet while pointing to the chart seen below.
“XRP looking good again. Is currently painting a broadening wedge,” he said.
Image Courtesy of Galaxy
It is highly probable that where altcoins head in the near-term will rest primarily on whether or not Bitcoin is able to gain a solid foothold within the lower-$10,000 region, as any continued BTC momentum will likely lead most major altcoins to rise in tandem.
Featured image from Shutterstock. origin »
Crypto tracking service Whale Alert revealed today that in 2020, co-founder and former CTO of Ripple, Jed McCaleb’s estimated total XRP holdings sales is around $1.2 billion - at $0.20 per XRP. The The post Why 2020 was the best year for the fattest XRP whale appeared first on AMBCrypto.
It’s no secret that XRP has been one of the worst-performing cryptocurrencies throughout both 2019 and even 2020, incurring a significant 40 percent loss against USD last year while failing to catch the full momentum seen by its peers in the early part of 2020.
For a market that isn't a stranger to volatile price trends, the consistently disappointing performance of XRP over the past few months is a surprise. The world's second-largest altcoin seems to have The post Chainlink outperforms Decred and XRP as latter's dismal 2020 continues appeared first on AMBCrypto.
Despite Ripple’s best efforts to speed the adoption of XRP, the number three altcoin is stuck in a downtrend that may see it reach new lower lows. High Levels of...The post XRP Performed the Worst among Altcoins in 2020 appeared first on Crypto Briefing.
Генеральный директор Ripple Брэд Гарлингхаус недавно похвалился резким взлетом токена XRP в январе 2020 года. Заявление главы стартапа последовало после того, как глава Galaxy Digital Майк Новограц спрогнозировал, что наступивший год будет неудачным для XRP.
Генеральный директор Ripple Брэд Гарлингхаус недавно похвалился резким взлетом токена XRP в январе 2020 года. Заявление главы стартапа последовало после того, как глава Galaxy Digital Майк Новограц спрогнозировал, что наступивший год будет неудачным для XRP.
Coinspeaker Will XRP Price Be Able to Hit $692 in 2020?The current XRP price is around $0.25. We've analyzed some factors that may help XRP to get a great bump and increase its value to $692 per coin in 2020.Will XRP Price Be Able to Hit $692 in 2020?
After dropping close to 45 percent in terms of valuation from 7th November to 18th December, XRP has started 2020 on a positive note.
Since January 1st, XRP has registered a price hike of up to 28.
Coinspeaker Ripple’s Partner MoneyGram Expands in India, Will It Affect XRP Price?MoneyGram is starting 2020 with expansion plans into India. Through Ebix the payment giant will reach many more customers in the Indian market.
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Ripple заявляет лидерство в сфере финансовых технологий, проявляя это достаточно активно уже с начала 2020 года. Многие эксперты отмечают большие успехи Ripple в инновациях для международных переводов.
The total crypto market cap added $15. 6 billion to its value for the last seven days and now stands at $216. 9 billion. The top 10 currencies were all in green for the same time frame with Bitcoin SV (BSV) and Bitcoin Cash (BCH) being the best performers with 45 and 18 percent of gains respectively.
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Ripple может достигнуть огромных результатов в 2020 году. Компания Ripple успешно продвигается в мире финансовых технологий. Различные эксперты высоко оценивают технологии Ripple.
Ripple’s XRP asset has started 2020 with a less catastrophic view that the year before. The price now hovers above $0. 20, having stemmed the recent outflows. Here are 3 things holding the price up right now.
A crypto trader believes that January is going to be crucial for further XRP price action; Ripple?s partner SBI VC Trade opens two new XRP addresses confirmed by XRP Scan
Binance Futures, the futures trading platform of Malta-based cryptocurrency exchange Binance recently added a perpetual contract for Ripple’s XRP digital currency to its list of offerings. The exchange made the announcement on January 6, 2020.
LINE-owned BITBOX says it will delist all XRP trading pairs from its platform by mid-January 2020. Meanwhile, the third-ranked crypto by market capitalization continues to enjoy a positive start to the year.
XRP had a disappointing second half in 2019, with the cryptocurrency plummeting to new lows with every passing week. 2020 seems to have brought more bad news for XRP.
According to a recent announceThe post XRP delisted by crypto-exchange backed by Japan's LINE appeared first on AMBCrypto.
In a U-turn, John McAfee declared his $1 million BTC price prediction by the end of 2020 a “ruse. ” McAfee bet his dick on this prediction but only to announce on the weekend that it was just to lure people into the emerging industry.
The total crypto market cap added $4. 3 billion to its value for the last seven days and now stands at $201. 9 billion. The top 10 currencies were all in green for the same time frame with Bitcoin SV (BSV) and Bitcoin Cash (BCH) being the best performers with 14.
Thus far, 2020 seems to have brought back volatility into the cryptocurrency market. On Jan. 2, the entire market capitalization dropped nearly 4 percent, but the next day $14 billion were injected into the market.
Thus far, 2020 seems to have brought back volatility into the cryptocurrency market. On Jan. 2, the entire market capitalization dropped nearly 4 percent, but the next day $14 billion were injected into the market.
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Ripple может помочь Европейскому союзу, став альтернативой Libra Facebook. Компания Ripple создает инновационные технологии, которые и в начале 2020 года уже отлично себя показывают.
One of the world's premier cryptocurrency exchanges, Malta-based Binance, has announced initiating trading for BTC, ETH, XRP, BNB, BUSD, and USDT against the Euro, on 3 January 2020, in line with its The post Binance launches Bitcoin, Ethereum, XRP trading pairs for Euro appeared first on AMBCrypto.
Токен XRP начал 2020 год с обновления минимальных ценовых значений. Монета показала наихудшие результаты из первой десятки альткоинов в прошлом году, и судя по всему в ближайшее время негативный тренд будет доминировать.
Ripple, the company behind the XRP cryptocurrency and on-demand liquidity product, has unlocked another 1 billion XRP from its escrow. Back in December 2017, Ripple announced that it would lock 55 billion XRP tokens in smart contracts to ensure that the supply could be controlled.
XRP has been one of the worst performing major cryptocurrencies throughout 2019, as it struggled to gain the upwards momentum seen by Bitcoin in the early half of the year, while underperforming BTC during its downtrend during the second half of the year.
After ending 2019 with poor performance, recording a loss of more than 46%, XRP started 2020 on a green note. Though the situation is still bad, with the digital asset down 95%, it has made its way up from $0.
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Ripple дает удобство своими технологиями. Эксперты не раз за 2019 год признавали успехи компании Ripple. В 2020 году ситуация с Ripple не стала другой.
Ripple blockchain’s native token XRP registered one of its worst performances in 2019. And it is likely to extend its losses in 2020. The XRP-to-dollar exchange rate is down by circa 49 percent on a year-to-scale.
A recent statement from an online broker, TD Ameritrade, shows that the firm still hasn’t ruled out adding XRP to its platform, causing the coin’s community to speculate about its potential addition.
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Ripple про 2020 год говорила уже в своем большом отчете. Компания Ripple отмечала, что будет больше принятия блокчейна. Стратегия Ripple предполагает улучшения по данной отрасли.
2019 is just about to come to an end. The year saw cryptocurrencies experiencing tremendous growth and first-ever working President, Donald Trump, tweeting about Bitcoin and cryptocurrencies. As Ripple CEO Brad Garlinghouse said, that moment couldn’t have been predicted.
The XRP price has been correcting the entire year. While it showed some signs of a reversal in September, the rally lost its power and the price has retraced fully. The price has reached a significant support area, which is possibly a make-or-break level for the bullish outlook to remain intact.
The CEO of fintech company Ripple is now offering a bold prediction for what the new year holds in store for the cryptocurrency markets, as he believes that the market-wide purge that was largely anticipated to occur in 2019 will actually take place in 2020.
Before we dive into to predicting the Ripple future and XRP price forecast, let’s quickly sum up what awaits you in this article: First, we take a look at year behind us. Then we cover our own XRP price predictions and market XRP forecasts.
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Ripple вселяет уверенность в том, что блокчейн действительно способен помогать людям. Проекты Ripple показывают высокую эффективность и надежность.
After the recent statement by Brad Garlinghouse about 20 major banks trading crypto next year, the community is inspired to believe that 2020 will be the year of Ripple
#Ripple_News_на_русском #Ripple_XRP_Новости_сегодня
Ripple назвала 2020 годом блокчейна, представив на сайте информацию о том, какие изменения могут ждать совсем скоро. Компания Ripple подчеркнула, что на пороге нового года и нового десятилетия даже трудно было поверить, что активное взаимодействие с цифровыми активами началось всего...
Ripple’s XRP is the third-largest cryptocurrency by market cap. But its massive supply and a number of other factors will continue to be at the root of its struggles as we enter a new year. The Rise and Fall of XRP Just like all the major cryptocurrencies, XRP price enjoyed its heyday at the start of 2018, reaching as much as $3.
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Ripple XRP обнаруживается в качестве достаточно значимого цифрового актива. Ряд экспертов отмечают надежность и эффективность Ripple XRP.
While the third largest cryptocurrency is still trading at $0.21, a trader is citing a chart to suggest a somewhat unrealistic XRP price surge to the $28 level next year
The digital currencies are getting popularity day by day, and the reason behind their popularity is the increase in the price. Ripple (XRP) is currently the second highest cryptocurrency in the market by market cap, and the price has gone up by +977% few months ago.
Альткоин XRP продолжает терять позиции, и ему грозит сохранение негативного тренда вплоть до начала 2020 года. Так считают многие трейдеры. Монета на протяжении последних нескольких месяцев торгуется преимущественно в красной зоне.
London based crypto exchange Luno is expected to list XRP token onto its platform. The exchange aims to make the XRP tokens available to Malaysians either in December 2019 or early 2020. Luno was recently relaunched in Malaysia at the end of October this year.
Генеральный директор SBI Holdings Йошитака Китао (Yoshitaka Kitao) рассказал, что программа выплат дивидендов в XRP будет запущена до конца финансового года, который завершится в марте 2020 года.
The Dogecoin and XRP prices are jumping again, having witnessed massive declines earlier this week alongside the broader crypto market. This price surge occurred due to several factors, including the regulatory clarity which XRP could soon attain with the Ripple SEC settlement on the horizon.
The U.S. Securities and Exchange Commission is considering classifying XRP as a commodity in its ongoing settlement discussions with Ripple Labs. XRP’s fully diluted valuation (FDV) has officially surpassed Ethereum, marking a dramatic shift in the layer-1 blockchain landscape.
In a strategic move that has captured the crypto industry's attention, Franklin Templeton has filed for a Solana-based exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC).
XRP news today suggests the prolonged legal confrontation between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is finally approaching its conclusion.
XRP has experienced a notable price surge, climbing 7% to reach $2.25, marking a strong recovery from recent declines. This upward movement has reignited investor optimism, with analysts speculating whether XRP price can sustain its momentum and target the critical $3 level.
Bitcoin (BTC), Ethereum (ETH) and XRP face carnage in response to Trump’s policies and announcements. The total market capitalization of crypto is down to $2.784 trillion on Wednesday.
Ripple price remains in a bear market after falling by over 35% from its highest level in January. Ripple (XRP) rose for the second consecutive day as cryptocurrencies rebounded after the encouraging inflation data. Most of them rose, with Bitcoin…
