Ripple Price Analysis: XRP at Potentially Key Turning Point

Ripple price traded to a new weekly high at $0.3384 and later corrected lower against the US dollar. There was a break below a key bullish trend line with support at $0.3250 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must trade above $0.3260 and the 100 hourly simple moving average to gain traction. Ripple price is showing a few bearish signs against the US Dollar and Bitcoin. XRP/USD must stay above $0.3170 to bounce back above $0.3260 and $0.3300 in the near term.…

Ripple Price Analysis: XRP Moon-sling Depend on Adoption Levels

Ripple Price technically bullish Brad Garlinghouse confident of more bank “switch.” Transaction volumes low—averaging 26 million as XRP consolidate The CEO of Ripple the company is satisfied and expecting the total Bank tally to increase by year’s end. So far 200 banks use the network meaning Ripple controls two percent of SWIFT’s market share. Ripple Price Analysis Fundamentals The Ripple community might be over the top, excited about the progress. However, the truth of is, RippleNet—the underlying ledger that holds together xCurrent, xRapid and xVia—pales in comparison with SWIFT—a 40-year…

Ripple Price Analysis: XRP Targets Fresh Weekly Highs Above $0.3500

Ripple price found support above the $0.3100 level and recovered above $0.3300 against the US dollar. There was a break above a major bearish trend line with resistance at $0.3200 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could extend gains towards $0.3500 if there is a break above the $0.3360 resistance. Ripple price recovered nicely in the past few hours against the US Dollar and Bitcoin. XRP/USD may target the $0.3500 resistance if it breaks $0.3360 and $0.3400. Ripple Price Analysis Recently, we…

Bitcoin, Ripple, Ethereum, Bitcoin Cash, EOS, Stellar, Litecoin, Tron, Bitcoin SV, Cardano: Price Analysis, Jan. 14

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. After the two years of price-centric action in the cryptocurrency industry, 2019 might shift the focus towards the fundamentals. Until the community puts an emphasis on the foundational aspects of crypto, we believe that a sustained recovery is unlikely. The Winklevoss twins believe…

Ripple Price Analysis: XRP Find Support as Bears Slow Down

Ripple price 3 cents from the primary support Exim bank set to adopt the xRapid system by the end of March 2019 Transaction volumes low but XRP is technically bullish Over and above everything, Sep 2018 rally guides our medium to long-term price projection. In the short-term, price drops below our support line at 30 cents could see XRP tumble below 25 cents invalidating our bullish stand. Before then, we recommend patience with an upbeat outlook. Ripple Price Analysis At current rates, XRP is down 11.6 percent from last week’s…

Ripple Price Analysis: XRP At Risk of Additional Losses Below $0.3000

Ripple price extended losses and broke the $0.3300 and $0.3200 support levels against the US dollar. There is a key connecting bearish trend line with resistance at $0.3275 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may correct a few points, but it remains at a risk of more losses below $0.3100 and $0.3000. Ripple price declined heavily and broke major supports against the US Dollar and Bitcoin. XRP/USD may even break the $0.3000 support this week if it stays below the $0.3400 level.…

Bitcoin, Ripple, Ethereum, Bitcoin Cash, EOS, Stellar, Litecoin, Tron, Bitcoin SV, Cardano: Price Analysis, Jan. 11

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. When a price is forming a bottom, it is usually volatile as both the bulls and the bears are trying to gain the upper hand. In a bear market, any negative news is met with strong selling and that is what has happened…

Ripple Price Analysis: XRP’s Bearish Continuation Below $0.3200

Ripple price topped near the $0.3820 level and later declined sharply below $0.3500 against the US dollar. There is a short term connecting bearish trend line formed with resistance at $0.3300 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently consolidating losses, but it may soon resume its decline below $0.3200 and $0.3100. Ripple price made a sharp U-turn against the US Dollar and Bitcoin. XRP/USD is placed in a bearish zone and it may accelerate losses below the $0.3200 support. Ripple Price…

Ripple Price Analysis: XRP Could Dip and Rip Above $0.3900

Ripple price recently gained bullish momentum above the $0.3650 resistance against the US dollar. There was a break above a key triangle with resistance at $0.3665 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair traded towards the $0.3840 level and it is currently correcting lower. Ripple price is back in a positive zone against the US Dollar and Bitcoin. XRP/USD could dip a few points towards the $0.3700 support before a fresh upward move in the near term. Ripple Price Analysis Yesterday, we discussed…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Stellar, Tron, Bitcoin SV, Cardano: Price Analysis, Jan. 9

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Some of the most prominent investors continue to back cryptocurrency and the blockchain technology. Hong Kong billionaire Li Ka-shing has invested in the latest funding round of Intercontinental Exchange’s (ICE) crypto trading platform Bakkt through his venture capital firm Horizon Ventures. Similarly, Wall…