Bitcoin Surging While Ripple Price (XRP) Struggles Below Key Resistance

Ripple price is holding the $0.4580 support, but struggling to climb higher against the US dollar. The price seems to be consolidating below the $0.4800 and $0.4850 resistance levels. The bulls are attempting a convincing close above yesterday’s bearish trend line with resistance near $0.4700 on the hourly chart of the XRP/USD pair (data source from Kraken). Similarly, Ethereum price is facing an uphill task close to the $320 resistance area. Ripple price is trading in a tight range against the US Dollar, while bitcoin is surging. XRP price needs…

Ripple Ambitious, XRP Prices Breakout From A Bull Flag

Ripple (XRP) bullish after June 22nd price rally Over the counter (OTC) XRP trading and non-disclosure agreement could be limiting bullish price action.  Relative to BTC or ETH, XRP is lagging. Even though there is Libra and much hubbub about MoneyGram, bulls will begin to show their faces once again once there is a close above 50 cents. Ripple Price Analysis Fundamentals The cryptocurrency landscape can be overwhelming. Complex and multifaceted, the so-called “cryptosphere” is an amalgam of diverse fields. As a result, crypto and blockchain is a melting pot.…

Up 15.1%, Ripple (XRP) Likely To Emulate BTC’s Performance

Ripple (XRP) up 15.1 percent Widespread use of xRapid is the only insurance for XRP investors Armed with solutions that speed up processes, Ripple may replace SWIFT. Use of xRapid draws demand. For XRP investors, widespread adoption is the only route for better prices. Expectedly, demand for XRP will fuel the next wave, propelling prices out of this 10 cents range towards 60 cents or higher. Fundamentals There is hype around Libra and Facebook’s Libra. Supporters argue that Ripple will  weather through Libra disruption and cement its position as a…

BTC, ETH, XRP, LTC, BCH, EOS, BNB, BSV, XLM, ADA: Price Analysis 22/06

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Bitcoin’s dominance has reached 58% and its rally has helped the total market capitalization of cryptocurrencies cross $300 billion. This rise has been backed by an increase in Bitcoin futures open interest that has hit an all-time high on the CME. The recovery from the…

Ripple (XRP) Undervalued, Libra Is A Wake-Up Call For Banks

Ripple (XRP) adds 10.3 percent Brad Garlinghouse bullish on Bitcoin At the backdrop of Facebook and its coin Libra, XRP is steady. While volatility is low and volume shrinking, a break above 50 cents is likely. Such a move will cement bulls of early May and catalyze a race for 80 cents or higher. Ripple Price Analysis Fundamentals Reiterating his previous stance, Brad Garlinghouse is once again reminding the community that he is a supporter of Bitcoin. As the first of its kind, Bitcoin did open the doors for further…

Bitcoin and XRP Aren’t Competitors — I’m Long BTC

Bitcoin (BTC), and XRP, the third biggest coin by market cap, are not competitors, Ripple CEO Brad Garlinghouse claimed in a Fortune interview on June 20. In the interview, Garlinghouse outlined the key difference of two major cryptocurrencies, arguing that bitcoin is a store of value or “digital gold,” while XRP is a “bridge currency” that enables an efficient solution for fiat-to-fiat transfers. As such, Garlinghouse cited the difference between bitcoin and XRP in terms of transactions costs, claiming that Ripple can do a transaction for a tiny fraction of…

Ripple (XRP) Price Struggling To Follow Bitcoin: More Range Moves Before Higher?

Ripple price remained stable above the key $0.4250 support area against the US dollar. The price is currently facing a strong resistance near the $0.4400 and $0.4420 levels. There is a major bullish trend line forming with support near $0.4240 on the hourly chart of the XRP/USD pair (data source from Kraken). Bitcoin price rallied recently above $9,500, but XRP seems to be struggling to follow BTC. Ripple price is slowly moving higher against the US Dollar, but declined heavily vs bitcoin. XRP price might start a solid upward move…

In A Bull Flag, Ripple (XRP) Prices Suppressed InSpite Of MoneyGram

Ripple (XRP) up 6.7 percent from last week’s close MoneyGram partnership is bullish for XRP Not to be overshadowed and confirming previous rumors, Ripple’s injection of $50 million in MoneyGram is strategic. With xRapid, XRP will find use meaning transaction settlement will be faster and cheaper. Even with this, prices in the last 24 hours are repressed and ranging. Ripple Price Analysis Fundamentals Western Union may have called it quits, ceasing their pilot program with Ripple’s xRapid. But that didn’t dent Ripple’s ambitions. Less than a year later, Ripple now…