Ripple (XRP) Trading Near Make-or-Break Levels, Can Bulls Break This?

Ripple corrected lower sharply and broke the $0.3000 support area against the US Dollar. XRP is now trading near the key $0.2640 support and it must break $0.2900 for a fresh increase. Ripple price is currently consolidating above the key $0.2640 support area against the US dollar. Bitcoin is also trading in a range above the key $10,500 support area. There is a major bearish trend line forming with resistance near $0.2860 on the 4-hours chart of the XRP/USD pair (data source from Kraken). A clear break above $0.2900 and…

Ripple (XRP) Showing Signs of Weakness But $0.25 Holds The Key

Ripple failed to clear the key $0.3080 resistance and declined sharply against the US Dollar. XRP price is down 5%, but there are many key supports on the downside. Ripple price started a strong decline after it was rejected near the $0.3080 area against the US dollar. The price is down more than 5% and it is approaching the $0.2680 support area. There was a break below a key ascending channel with support near $0.2920 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is…

BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK

Eurekahedge’s index of crypto hedge funds have clocked 21.15% returns since the start of 2020 and this is the best performance from the firm since the index started in 2013. Even in 2017, which was the blockbuster year for cryptocurrencies, the January returns were a modest 4.85%. If the crypto hedge funds maintain their stellar performance this year, they are likely to attract further investments in this space. Coinbase is now a Visa principal member, the first crypto pure-play company to receive the membership. This will help the company to…

Ripple’s XRP On Verge of Rally to $0.70 Because of 7 Technical Factors

After a brutal -50% performance against the U.S. dollar in 2019, Ripple’s XRP has mounted a strong recovery to start off this new year. Since bottoming around $0.17 in December, the price of the third-largest cryptocurrency has surged as high as $0.33 — a near 100% gain in eight weeks’ time. While XRP has since returned to $0.30, seeing a healthy retracement after the absolutely monumental performance seen, analysts are sure that more upside is likely for the prominent altcoin. NewsBTC has compiled seven technical factors laid out by top…

Ripple (XRP) Recovery Facing Key Hurdles: Can Bulls Outsmart Bears?

Ripple started an upside above the $0.2850 resistance area against the US Dollar. However, XRP price is still facing a couple of key hurdles near $0.3000 and $0.3080. Ripple price is currently correcting higher from the $0.2677 swing low against the US dollar. The price is trading above $0.2850, but it is still facing many key resistances. There is a key bearish trend line forming with resistance near $0.3000 on the hourly chart of the XRP/USD pair (data source from Kraken). The price struggle to continue above the $0.3000 and…

Stellar’s Jed McCaleb Says His XRP Sell-Off Won’t Disrupt Crypto Market

A recent Medium post from blockchain monitor Whale Alert showed that Stellar CTO Jed McCaleb sold off more than 1 billion XRP between 2014 and 2019. The post attempted to analyze whether or not McCaleb’s sale of XRP will affect the price of the crypto. Whale Alert noted that compared with other total trade volumes per day, the amount McCaleb is selling seems insignificant. Following up on this, McCaleb told Cointelegraph in an interview that it’s strange that so many people are focused on his recent trading of XRP, noting…

Ripple (XRP) Rally Remains Attractive To The Bears If Price Surges To $0.31

Ripple found support near $0.2680 and recovered slightly against the US Dollar. XRP price could continue to rise, but the bears are likely to protect the $0.3100 resistance area. Ripple price is slowly correcting higher from the $0.2677 swing low against the US dollar. The price is back above the $0.2800 area, but it lacks bullish momentum. Yesterday’s two connecting bearish trend lines were breached with resistance near $0.2865 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could recover towards the $0.3000, $0.3050 and…

Ripple (XRP) Nosedives Below $0.30: Is This Fresh Decline or Just Correction?

Ripple declined heavily from well above $0.3200 against the US Dollar. XRP price even dived below $0.3000 and it could continue to move down in the near term. Ripple price fell sharply after the bears were able to clear the $0.3000 support against the US dollar. The price traded as low as $0.2677 and it is currently correcting losses. There are two connecting bearish trend lines forming with resistance near $0.2950 and $0.3000 on the hourly chart of the XRP/USD pair (data source from Kraken). The price must climb back…

Bitcoin Price Falls to $9.6K Amid Bloody Sunday for XRP, ETH, Altcoins

Bitcoin (BTC) price has fallen further dropping about $300 in less than one hour on Sunday, Feb. 16, though paring some losses since with a bounce from $9,600 to $9,790 at press time. Crypto market 1-day price chart. Source: Coin360 Bad weekend for Bitcoin price bulls Most other cryptocurrencies fared much worse, however, as evidenced by Bitcoin’s market dominance rising one percent from yesterday to 63.2%. The bad weekend for the bulls began on Saturday after losing the $10,000 level. Today, BTC/USD tumbled further and bounced off a key resistance…