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Ripple (XRP) has been slowly positioning to take out a key resistance and start a bull market. Unfortunately, even the Swell conference cannot help the cause of the cryptocurrency. Analysts continue to be bearish on Ripple as the crypto token succumbs to profit-taking. Ripple (XRP) has been flirting with the possibility of a
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Ripple’s annual Swell conference has failed to induce positive price action for associated token XRP, data following the event shows. Price data from Coin360 covering XRP/USD showed selling pressure take over on Nov. 7, as the two-day conference continues. Swell has no impact on XRPHaving reached local highs above $0.30
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Ripple price surged recently above the $0.3040 and $0.3120 resistances against the US dollar.The price is currently trimming gains and trading near the $0.3000 support area.Yesterday’s major bullish trend line is active with support near $0.2990 on the hourly chart of the XRP/USD pair (data source from Kraken).The main support
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Ripple price is holding a couple of important supports near $0.2980 and $0.2960 against the US dollar.The price is facing a couple of hurdles near the $0.3020 and $0.3040 levels.There is a key breakout pattern forming with resistance near $0.3010 on the hourly chart of the XRP/USD pair (data source
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Ripple price is gaining momentum and it recently climbed above $0.3000 against the US dollar.The price traded towards the $0.3050 resistance area and it is currently correcting lower.Yesterday’s highlighted key bearish trend line was breached with resistance near $0.2940 on the hourly chart of the XRP/USD pair (data source from
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The total crypto market cap lost $8 billion of its value over the last seven days and now stands at $246.3 billion a time of writing. The top 10 currencies showed mixed results for the same time frame with Bitcoin Cash (BCH) and Stellar (XLM) gaining 9.9 and 6.3 percent
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Ripple price is holding an important support area near the $0.2880 level against the US dollar.The price is facing a lot of hurdles on the upside near the $0.2940 and $0.2950 levels.There is a major bearish trend line forming with resistance near $0.2945 on the hourly chart of the XRP/USD
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Bitcoin and Ethereum are consolidating within a narrow trading range. Bitcoin may have resumed its macro-uptrend, said a renowned technical analyst. XRP prepares for a major event that could trigger an increase in demand. Last week, the total crypto market capitalization surged over 40% to reach a high of $267 billion. During this
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BOE chief Mark Carney is no stranger to digital assets and has now been calling for the dollar to be replaced by a ‘Green cryptocurrency’. Of course, we are biased but anyone who knows just a little about digital assets knows XRP is the greenest crypto in terms of energy consumption. The
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In a new investor report from SBI Holdings, the group intends to expand usage and push for mass adoption with new platforms and giveaways. SBI Ripple Asia, a joint venture with Ripple and a consortium of 61 Asian Banks says it will use up to 50% of RippleNet once it gets
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