XRP is currently positioning itself to be the dark horse of 2020, as the embattled token is now setting itself up to see massive near-term upside, which comes mere weeks after it closed 2019 with YTD losses of over 40%.
Analysts are now noting that the cryptocurrency is fast approaching a key resistance line, with a break above this level potentially leading to a massive rally that allows it to reclaim its previously held position within the $0.30 region.
XRP Rallies Over 5% as Bulls Show Signs of Waking Up
At the time of writing, XRP is trading up just over 5% at its current price of $0.241, which marks a notable climb from its daily lows of $0.22, and an even more significant climb from its weekly lows of under $0.21 that were set prior to the market-wide rally seen this past Tuesday.
From the start of the year, XRP has been caught within the upwards tailwind that has resulted from Bitcoin’s move towards $9,000, and analysts are now widely noting that the recent lows experienced by both Bitcoin and altcoins alike may mark a long-term bottom.
For XRP, these lows currently exist at just below $0.18, which is where the cryptocurrency plummeted to in late-2019 before the markets began incurring their newfound strength.
Today’s rally has also marked a decisive break above a previous resistance line that was suppressing its price.
Harry, a popular cryptocurrency analyst who focuses primarily on XRP, spoke about this line in a tweet from a couple of days ago, saying:
“$XRP – 6 month RSI technical level broke yesterday, here is where the 6 month descending trend line rejected yesterday but very likely breaks up today.”
$XRP – 6 month RSI technical level broke yesterday, here is where the 6 month descending trend line rejected yesterday but very likely breaks up today x pic.twitter.com/odKItndlDz
— Harry (@HaraldoXRP) January 15, 2020
Bulls May Soon Target The $0.30 Region
The recent break above this key trendline is likely to lead the cryptocurrency’s price up towards $0.25, which is where it may find some strong short-term resistance.
A break above this level, however, could help catalyze a massive rally to $0.30 and beyond.
“XRP showing signs of strength. Break $0.25 and it’s showtime. $0.3 as a first target. I am long,” Galaxy – another popular cryptocurrency analyst – explained in a tweet.
$XRP showing signs of strength.
Break $0.25 and it's showtime.
$0.3 as a first target.
I am long. pic.twitter.com/MBOBJl0NbY
— Galaxy (@galaxyBTC) January 17, 2020
How the markets trend throughout the weekend will likely set the tone for where the head throughout the rest of the month, but the fact that Bitcoin and major altcoins like XRP are all contesting key resistance levels suggests further upside is imminent.
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The cryptocurrency market mounted a crazy recovery on Friday. Bitcoin, Ethereum, XRP, and all the rest of the altcoins surged higher, rallying to prices not seen since days earlier. While this was notable in and of itself, with BTC managing to retake the $8,000 price point on a daily basis in a move benefiting bulls,... The post appeared first on NewsBTC.
XRP, the third-largest crypto has had its downs more than ups; things have started to change for XRP, but the future looks slightly less gloomy. Especially with a tiny surge on the horizon.
4-Hour ChThe post XRP sets itself up for a short-term 5% to 8% bounce appeared first on AMBCrypto.
Ripple has just transferred 200 million XRP coins from its Ripple Escrow Wallet to itself. At the time of publishing, these coins are worth roughly $38 million. The coins’ value appears to be stable at the moment sitting just above $0.
The precarious nature of Bitcoin’s recent price action does not lend itself to helping generate bullish price action amongst major altcoins, but one prominent analyst is noting that he believes Ethereum, XRP, and Bitcoin Cash are all decently positioned to see further upside against their USD trading pairs in the near-term.
Ripple is now valued at $10B thanks to a new $200M investment round. However, the price of its actual token keeps declining and remains among the worst performers of 2019. Ripple has had a string of good news recently, but the same can’t be said for the XRP token itself.
XRP – the digital token closely associated to FinTech company Ripple – has had a rough couple of years, plummeting from highs of over $3. 00 in early-2018 and finding itself caught within a firm downtrend that has persisted throughout all of 2018 and 2019.
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Christmas may be coming early for holders of XRP, the third-largest cryptocurrency by market capitalization. As of the time of writing this, the popular altcoin has found itself trading just under 3% up on the...
Binance has today established itself as the world's largest cryptocurrency exchange in terms of Market Capitalization, while also diversifying its platform offerings. In order to meet growing market dThe post Binance adds XRP/ETH pair to its Margin Trading list appeared first on AMBCrypto.
XRP found temporary relief from its falling price on 25 October, when it surged by 25.23%. Immediately, however, it corrected itself as it fell by 29.69%. The fall dragged the price of the coin, whichThe post XRP's fall with breach of descending triangle may welcome buyers appeared first on AMBCrypto.
XRP noted a steep rise in its price across October 25 and October 26, after which it corrected itself. However, the boost in its price helped the digital asset move away from the low price zone and at press time, its value stood at $0.
XRP noted a steep rise in its price across October 25 and October 26, after which it corrected itself. However, the boost in its price helped the digital asset move away from the low price zone and atThe post XRP's ascent to be followed by dip on breach of ascending channel appeared first on AMBCrypto.
XRP, the native token of Ripple, has found itself in many places, considering the widespread network of its creator. With low fees and fast transaction times, it manages to remain in the top cryptocurrencies in the world, and that’s just the kind of flexibility that consumers enjoy.
Coinspeaker Ripple Releases Q3 Numbers for XRP Indicating a Rise in FUDRipple said that in Q3 2019, there was a major rise in FUD surrounding allegations of XRP dumping and price manipulations by the company itself.
XRP has been recording a sharp rise in its price after being beaten by the bears in the beginning of 2019. The third-largest coin’s price has pushed itself to $0. 2904, after being restricted within the $0.
Coinspeaker Ripple CEO Believes XRP is Better for Payments than BitcoinIn his recent interview, Brad Garlinghouse, the CEO of Ripple, shared his vision about Ripple and XRP, as well as the industry itself.
Ripple has decided to reinvent itself, removing all mention of xRapid, xVia, and xCurrent in the middle of a difficult year for XRP, in which the token has sunk to minimum yearly levels. Visitors to Ripple’s official website will notice that the San Francisco-based company has now integrated all its services into a single platform […]
The post Ripple Undergoes Major Rebrand: Drops xRapid, xVia, and xCurrent appeared first on BeInCrypto.
After breaching $0. 28385 resistance on the 16th, XRP price bounced back down between $0. 25010 and $0. 28385, currently valued at $0. 26908. The recorded market cap at press time was around $11. 63 billion and the 24h volume was $1.
XRP community on Twitter distinguishes itself from the rest by the title bestowed upon it- ‘XRP army’; however, a troop from this army has shifted allegiance. Leading this faction is a Twitter user ‘Crypto Bitlord’, according to whom, he/she (they) act as the delegated spokesperson for a disenchanted and disillusioned camp.
An XRP evangelist is calling for a fork of the cryptocurrency to prevent Ripple from dumping coins on investors for profits. Let’s Fork XRP Every quarter, Ripple publishes a report showing the sales figures for the tokens within the preceding three months.
In any financial trading space, market sentiment plays a huge role in deciding the outcome or direction of the price over a certain time period. In the cryptocurrency ecosystem, market sentiment is even more evident and sometimes, it is more important than the fundamental properties of the coin itself.
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Tone Vays is a derivatives trader and popular YouTuber known for his technical analysis of Bitcoin and his strong opinion about other cryptocurrencies, including XRP and the company Ripple. Speaking about Bitcoin to BloxLiveTv, Vays said that he was waiting for a 30-40% correction and the price of Bitcoin to fall to the $4,000-level.
Another week, another round of Crypto Tidbits. Wow, what a crazy week it’s been for Bitcoin (BTC). Not only was the market absolutely absurd, with BTC finding itself riding on a proverbial rollercoaster, but so was the underlying industry.
Bitcoin has long reigned as the top cryptocurrency, ever since the market began. Ripple joined the crypto industry years ago, positioning itself as an efficient and low-cost solution for cross-border payments, and much of the community took sides.
The third largest cryptocurrency, for now, has failed to make much of a move as it is still stuck around $0. 40 level. At the time of writing, XRP/USD has been trading at $0. 403 with 24 hours gains of 0.
The race to the top of the cryptocurrency mountain is one dominated by Bitcoin. However, there is huge competition among other altcoins to follow suit. Since Ethereum overtook XRP on the crypto-charts, the XRP community has been salivating patiently for the token to surge again and according to recent reports, there have been new signs […]
The post XRP primes itself to race to the moon after prominent analyst predicts coin breakout appeared first on AMBCrypto.
XRP was once the second largest cryptocurrency in the world. However, it has since been overtaken by Ethereum. Nonetheless, there might be a chance for it to see the good ol’ days again, and it all depends on how the technicals for XRP turn out to be.
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The post XRP Actually Has Bigger Market Cap Than ETH, Positions Itself Right Behind Bitcoin appeared first on Invest In Blockchain.
The cryptos in the market are recovering from the May 3 sudden rise. XRP, the third largest coin, however, did not manage to note any massive growth and corrected itself almost immediately. Stellar Lumens [XLM] too did not note any significant growth to change the trend in its market.
The prices of Bitcoin [BTC] spiked and crossed the $6,000-mark on Bitfinex on May 3. The rise of BTC contributed to most altcoins, including XRP, the third largest coin in the world, surging. According to CoinMarketCap, XRP spiked by 2.
The prices of most cryptocurrencies were spiking, sparking speculations of a bull run. XRP, the third largest cryptocurrency, was spiking at press time. However, it did not register growth in the present year.
By CCN: Shares of Bitcoin Generation (BTGN), a little-known Bitcoin stock, last traded at 9 cents. They will remain there until at least May 10 while the Securities and Exchange Commission launches a probe into the Oklahoma-based company’s finances.
On Wednesday, Bitcoin (BTC) embarked on a slight rally, moving from its local support at $5,200 to higher levels as most other crypto assets, like Ethereum, XRP, Tezos, and Binance Coin, rallied strongly.
The CoolWallet S, made by CoolBit X, combines hot and cold storage solutions, blending the mobility afforded by software wallets with the enhanced security features offered by hardware wallets.
Did you know it’s often highlighted that the early emerging companies that receive the most backlash are also some of the projects that tend to go on to change how the world operates? Could we be seeing this again with Ripple & XRP? They say history doesn’t repeat itself but it often rhymes! So what […]
The post Are XRP Holders, Holding the Future Global Currency? appeared first on ZyCrypto.
Twitter User Reports Major Hacking on Bithumb As Over 3 Million EOS Leaves Exchange Bithumb has already dealt with a major hack in its lifetime, but it looks like history is repeating itself. Whale Alert, a Twitter page that is dedicated to announcing major transactions on the blockchain, announced a transfer of 3,069,400 EOS, which […]
When the value of Bitcoin tends to rise in value, one wouldn’t necessarily expect all markets to follow blindly. Although the current top markets show an entirely different trend, not all of them are effectively gaining value over Bitcoin itself.
eToro is making it easier to load up your wallets with cryptocurrency. The company announced users of its standalone wallet – available for Android and iOS – can now buy crypto-assets directly from the app itself.
In a recent tweet uploaded by Vitalik Buterin, he says that XRP is a better option than Bitcoin (BTC) itself. He answered a tweet written by the software engineer Pierre Rochard who said that Bitcoin is the ideal stablecoin and store of value.
XRP/USD Medium-term Trend: Ranging Resistance Levels: $ 0. 61, $0. 63, $ 0. 65 Support Levels: $0. 28, $0. 26, $0. 24 Yesterday, February 13, the XRP price was in a sideways trend zone. The cryptocurrency has established itself at the support of a $0.
The past few days have been rather interesting for most of the top markets in cryptocurrency, tokens, and digital assets. That in itself is quite telling, as most of these markets have nothing to do with one another.
Ripple, xRapid, XRP–Mastercard and Barclays, two of the world’s largest financial service companies and banking institutions, have initiated investments into a project backed by Ripple and the company’s XRP-based xRapid service.
Ethereum (ETH)–According to Etherscan data for Feb. 11, daily mining rewards for the second ranked cryptocurrency by market capitalization Ethereum have fallen to their lowest recorded levels.
Ripple has established itself as one of the most important companies in the field of Blockchain technology, earning respect not only of the community of crypto enthusiasts but also of essential players in the global financial system such as central banks and the SWIFT platform itself, with which it competes directly.
The Bitcoin price took a sharp drop and the rest of the crypto market went with it. The rest of the market, that is, except for Binance Coin, which resisted the bearish tilt and climbed into the 10th spot in the market cap rankings.
Long-Term Outlook A look at the Weekly chart for XRP in logarithmic form shows that price is very close to the $0. 26-$0. 30 support area, currently trading at $0. 31. Price is trading below the 7,21 period moving averages and the Ichimoku Cloud.
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…
Друзья, готовимся к важному событию — уже в мае XRP получит сразу несколько ETF. SEC рассмотрит заявки от Franklin Templeton, Bitwise, 21Shares, Canary Capital, Grayscale и WisdomTree. Но проблема в том, что SEC тянет время.
XRP is at a crucial turning point as the cryptocurrency struggles to maintain support at the $2 level. A breakdown could trigger a significant decline, while a successful defense may pave the way for a bullish recovery. Here is today’s XRP news.
