Ripple (XRP) Price Down 2%, Bears Sight $0.2000 Or Even Lower

Ripple price is sliding and it is under pressure below the $0.2200 resistance against the US dollar. The price is now trading below $0.2150 and it could decline further below $0.2100. There is a crucial bearish trend line forming with resistance near $0.2180 on the hourly chart of the XRP/USD pair (data source from Kraken). There are high chances of a drop towards the $0.2020 and $0.2000 support levels. Ripple price is declining steadily below key supports against the US Dollar and bitcoin. XRP price could continue to move down…

Ripple (XRP) Price Targets Fresh Lows, BTC & ETH Consolidating

Ripple price is struggling to recover above the $0.2200 resistance area against the US dollar. The price remains at a risk of more downsides below the $0.2180 support area. There is a declining channel forming with resistance near $0.2210 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum recovered a few points, but it is struggling to clear the $145-$146 resistance area. Ripple price is facing an uphill task against the US Dollar and bitcoin. XRP price could accelerate its decline once it breaks the $0.2180…

Ripple (XRP) Price Breakdown Might Be The Game Changer

Ripple price is declining and it recently broke the key $0.2200 support area against the US dollar. The price is likely to face hurdles near $0.2200 and $0.2240 in the near term. Yesterday’s key bearish trend line is intact with resistance near $0.2200 on the hourly chart of the XRP/USD pair (data source from Kraken). The bears are currently in control and they seem to be eyeing a test of the $0.2120 support. Ripple price is now trading below key supports against the US Dollar and bitcoin. XRP price is…

Ripple (XRP) Price Turned Sell On Rallies: BTC & ETH Down

Ripple price declined recently below the $0.2240 and $0.2220 support levels against the US dollar. The price is currently correcting higher, but facing resistance near $0.2240 and $0.2260. There is a key bearish trend line forming with resistance near $0.2240 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum is facing an increase in selling pressure below the $148 and $150 levels. Ripple price is back in a short term bearish zone against the US Dollar, similar to bitcoin. XRP price could correct higher, sellers remain…

Ripple (XRP) Price Starts Fresh Decrease: BTC & ETH Trimming Gains

Ripple price is currently declining from the key $0.2320 resistance area against the US dollar. The price is now trading below $0.2260 and it is showing a few bearish signs. Yesterday’s major bullish trend line was breached with support near $0.2280 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum is also struggling and it is declining towards the $144 support area. Ripple price is under a minor bearish pressure against the US Dollar, similar to bitcoin. XRP price remains at a risk of a drop…

Ripple (XRP) Price Poised For Further Gains, Bitcoin Rising

Ripple price is gaining momentum and it is rising above $0.2250 against the US dollar. The price is likely to continue higher above the $0.2320 and $0.2350 resistance levels. There is a key bullish trend line forming with support near $0.2265 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum is approaching the $152 resistance, above which it could rally. Ripple price is showing a lot of positive signs against the US Dollar, similar to bitcoin. XRP price remains well supported and it could rally above…

Top-5 Cryptos This Week: XTZ, ATOM, XRP, XMR, BNB

The New York Digital Investment Group LLC (NYDIG) has received approval from the United States Securities and Exchange Commission (SEC) to offer its shares to institutional investors, including registered investment advisers, their clients and other eligible investors.  The fund aims to invest in cash-settled BTC futures traded on exchanges that are registered with the U.S. Commodity Futures Trading Commission. Though the increasing number of offerings by various companies targeting the institutional investor is a positive sign, the larger players have been slow to invest in the space due to regulatory…

Japanese Financial Giant SBI Holdings Considers Paying Dividends in XRP

Japanese financial services giant SBI Holdings is considering to pay shareholder dividends in the form of XRP tokens, following the same practice by its subsidiary MorningStar. After MorningStar started offering its shareholders dividends in XRP earlier this year, SBI CEO Yoshitaka Kitao revealed that the company is now considering to follow suit, Cointelegraph Japan reported on Dec. 5. SBI would launch the program during the fiscal year ending in March 2020, with Kitao further stating that it is opt-in. MorningStar’s XRP dividends grew SBI’s crypto business MorningStar Japan, an independent…

Ripple (XRP) Price Primed For Further Upsides

Ripple price is trading nicely above the $0.2180 pivot area against the US dollar. The price is likely to slowly rise towards the $0.2265 and $0.2300 resistance levels. There is a major bullish trend line forming with support near $0.2180 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum is also rising, but it is struggling to clear the $150 and $152 resistance levels. Ripple price is back in a positive zone against the US Dollar and bitcoin. XRP price must climb above $0.2265 to continue…