Ripple (XRP) Down 7.3 Percent To Nov-2017 Levels, Rally in the Making?

Ripple (XRP) slide 7.3 percent, retesting primary support Start-up innovating and funding firms building XRP use cases Prices and accompanying fundamentals are not in sync as Ripple (XRP) accumulate within a 4 cents range with support at 30 cents. All the same, we are bullish, and any trigger lifting prices above 34 cents or forcing liquidation below Jan 30 lows must be with high transaction volumes. Ripple Price Analysis Fundamentals There is a clear divergence. From a fundamental point of view, Ripple (XRP) should be rallying and even back to…

Ripple (XRP) Price At Significant Risk of More Losses

Ripple price struggled to clear the $0.3320 resistance and declined steadily against the US dollar. The price declined below the $0.3200 support area and revisited the $0.3175 support area. There are two bearish trend lines in place with resistance at $0.3260 and $0.3280 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains at a huge risk of more losses if there is a break below the $0.3175 and $0.3160 supports. Ripple price failed to gain strength against the US Dollar despite positive moves in…

Is Ripple (XRP) Fading Due To Competitors As Hyperledger Fabric and IBM?

Ripple (XRP) range bound, 34 cents immediate resistance IBM Hyperledger Fabric and World Wire offer stiff competition All in all, Ripple Inc haven been prosperous in their promotions. Banks in the Middle East, SE Asia, and India are using their solutions. Despite that, Ripple (XRP) prices are stagnant and stuck within a 4 cents range. Ripple Price Analysis Fundamentals It may be seven years down the line and with more than 200 banks leveraging Ripple Inc’s solutions, the blockchain start-up is successful. With Banco Santander, SBI Group, Federal Bank, Western…

Ripple (XRP) Price Recovery Looks Real But Could Face Hurdles

Ripple price corrected lower recently and tested the $0.3175 level against the US dollar. The price bounced back and traded above the $0.3200 and $0.3220 resistance levels. There was a break above a key bearish trend line with resistance near $0.3220 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently forming a bullish continuation pattern and it could revisit the $0.3300 resistance. Ripple price is slowly recovering against the US Dollar, whereas still struggling versus bitcoin. XRP could recover further above $0.3280, but…

Ripple (XRP) Price Showing Bearish Signs But $0.3130 Holds Key

Ripple price failed to gain strength above the $0.3350 resistance area against the US dollar. The price broke the $0.3280 and 0.3250 support levels to move into a bearish zone. There was a break below a major bullish trend line with support at $0.3320 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains at a risk of more losses if the bulls fail to defend the $0.3130 support area. Ripple price is under a lot of selling pressure against the US Dollar and bitcoin.…

Wietse’s Effort Would Pay Dividends and Drive Ripple (XRP) To New Highs

Ripple (XRP) prices stabilize above 30 cents Adoption will propel XRP prices above the current range Wind is an advocate of Ripple, and his company is one of the many funded by Xpring. If there is adoption, XRP prices would likely edge higher as demand for the third most valuable coin spike. Ripple Price Analysis Fundamentals As we have reiterated in our analyses, cryptocurrencies need adoption to thrive. Day-to-day use means acceptance, and if one coin goes mainstream, then its value will surely skyrocket. We are talking about 10X gains…

Ripple (XRP) Conquering Asia, But Why the Divergence With Price?

Ripple (XRP) support at 30 cents Standard Charter expanding to Asia Adoption means day-to-day settlement using XRP and CoinBase is experimenting with Litecoin, BTC, and ETH after partnering with Visa. With time they may add Ripple (XRP) but at the moment Standard Charter, a partner with Ripple, is extending their services to Asia to meet increasing demand. Ripple Price Analysis Fundamentals Fact is, for the space to flourish, there must be an avenue allowing not only investment but expenditure of digital assets. Ripple (XRP) may the third most liquid meaning…

Despite Money Tap Dent, Ripple (XRP) Buy Wave is Strong

Ripple prices up, reacting from 32 cents Money Tap blow, Resona Bank discontinue participation Resona Bank is pulling out of Money Tap initiatives, a project fronted by SBI Group. All the same, prices are stable above 32 cents, reversing from Apr-2 lows and with increasing momentum, may close above 34 cents as bulls shore prices. Ripple Price Analysis Fundamentals At core, Ripple is a network that seeks to provide banks with an alternative messaging and settlement system that is fast, secure and beneficial for the end user. It may be…

Will Ripple (XRP) Drop to 34 Cents? xRapid and Building Determiners

Ripple (XRP) up 14 cents in the last week Building and strategic partnership will drive adoption helping support Ripple (XRP) prices Chris Larsen is part of the IMF Advisory Board, remains the co-founder of Ripple and recently donated $25 million in XRP at the San Francisco State University. Whether that will elevate Ripple Inc profile, we are not yet visible but what is clear is that Ripple (XRP) buyers are back. Ripple Price Analysis Fundamentals Not surprising, Ripple is actively building and on the other, they are striking partnerships, and…

Is Ripple (XRP) Undervalued After Fiat—ILP Interoperability Demo?

Ripple prices up 16.3 percent InterLedger Protocol (ILP) is a game changer. The team behind InterLedger Protocol (ILP) are not slowing down, and now that we have a fiat connector, it’s only a matter of time before the benefits of a real Internet of Value begins to permeate. With optimism around interoperability, we expect Ripple (XRP) prices to increase towards 80 cents. Ripple Price Analysis Fundamentals Here’s what InterLedger Protocol can do. The Ripple innovation can connect banks, mobile money platforms, stock exchanges, clearing houses and different ledgers. By ledgers,…