Ever since the beginning of the last week, the trading price of Ripple (XRP) had been moving in the upward direction. The trend continued moving in favor of the bulls and things were moving toward recovery. The rally continued until December 27 and by that time, the price of the asset had surged by 6%….
The year 2022 has witnessed a major and severe downturn for the entire cryptocurrency industry. If you are thinking Bitcoin or Ether was able to make it through the hard times then you are mistaken. When we say the entire cryptocurrency industry, it means the entire cryptocurrency. This is because people lost their trust in…
One of the largest cryptocurrency exchanges has recently announced that it is going to delist multiple major cryptocurrencies from its wallet. The entire crypto community is very concerned about the exchange’s recent decision. According to reports, the exchange has decided to end its support for not one but multiple major cryptocurrencies. Coinbase Ending Support for…
XRP kick-started another fall from the resistance of $0.40. Ripple hovered beneath $0.38 & 100 4Hr Simple Moving Average. A notable bearish trend is forming on the 4hr chart with an obstacle at around $0.371 (Kraken stats). Overpowering the hurdle at $0.388 can translate to massive uptrends for the altcoin. The remittance coin Ripple (XRP)…
Immediate aims for long trades stood at $0.4465 and two Fibonacci levels. Improved development activity and sentiment prop up Ripple’s price. Ripple (XRP) has presented bullish pressure on its lower charts. The daily timeframe shows the alternative token encountering four resistance zones to hit its October zones. While publication, XRP changed hands near $0.3795. Meanwhile,…
BTC stayed in the bearish territory following the FTX fall, plunging beneath $16K. BTC trades beneath $17.5K and 100hr SMA. A massive bearish line emerges with a resistance of around $16,500 on BTC’s 1hr chart. Failure to climb above $16.5K and $17K might trigger a continued downside. BTC price dropped more than 15% to explore…
Ripple has finally received the long-sought documents and email messages from the Securities and Exchange Commission(SEC). The XRP crypto founders now find themselves as the defendants in the long-running legal battle with the regulatory board over its declaration that XRP is trading as an unregistered security. The revelations came on Thursday when Ripple’s general counsel,…
The 20 September bullish break from the resistance at $0.385 released Ripple’s XRP from a 3-month consolidation. With the range breakout plus enhancing market sentiment following recent SEC vs. Ripple developments, the remittance token gained 43% to hit the $0.5523 peak. Nevertheless, XRP price endured substantial declines amidst some swift sell-offs within the cryptocurrency market….
According to reports, several BTC miners took advantage of the “bullish” momentum in the past two weeks. According to data from cryptoquant.com, Bitcoin miners sold over 5,925 BTC during the period. In the past 24 hours, Bitcoin has dropped by over 7.3% after over $600 million left the crypto market. The Crypto market has struggled…
According to reports, Shinsei Bank, a financial giant in Japan, has issued a new reward program for its clients. Hence, all new users who open an account with the firm or initiate a Yen deposit using the bank will receive 8,000 Japanese Yen worth of BTC or XRP. Shinsei Bank Rolls Out Crypto Reward For…
The Ripple Network recently revealed its evaluation report for the second quarter of this year. The information explained the roadmaps for different development plans Ripple set to do. Ripple’s Q2 Report Revealed The Network’s Plan According to the report, the market dynamics negatively affected the performance of the crypto network this year. It also mentioned…
According to report, Oman is working on its first CBDC. Oman Taher bin Salem al-Omari, the Central Bank of Oman’s (CBO) CEO, announced the possibility of a CBDC, the digital Omani. He made the announcement at a conference dubbed “New Age of Banking.” Meanwhile, the country remains skeptical of digital currencies. This is because of…
Ripple ends the year with a lucrative note by going east regardless of the “unending” legal battle with the United States Securities and Exchange Commission. XRP prices saw bullishness during 2021’s first half, while the second one saw momentum vanishing. Though the sluggish price movement, XRP has a brighter future in the coming year. The…
Just like the rest of the major cryptocurrencies Ripple (XRP) is also facing a downtrend in terms of its price. While others are facing a traditional and a general price dip, XRP has another major factor affecting its price. XRP has been trying to recover its price over the $1 mark but as of now,…