By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, February 19th, the XRP is consolidating, balancing near 0.5280 USD after a rather volatile week. On D1, XRP/USD keeps correcting upon sky-rocketing. We suggest that currently, the quotations can break through 61.8% Fibo and go on declining. The aim of the pullback is 0.4495 USD (50.0% Fibo)....Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice XRP was trading at $0.255 with a market cap of $11.6 billion, at press time. After the SEC’s lawsuit, the crypto’s price has remained more grounded than usual. Being unresponsive to this bull run...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice XRP consolidated under the $0.3-level of resistance on the price charts. In fact, it fell under this level in late December following news of the SEC lawsuit against Ripple, one that legally contests the...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice XRP‘s price has been on a downtrend since the SEC’s lawsuit announcement. However, while all the price development was undone in mere weeks, if not days, when observing the cryptocurrency’s price movement, XRP seemed to...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice XRP, a cryptocurrency that was once contending for the 2nd position of CoinMarketCap’s charts with Ethereum, has now slipped down to 4th on the rankings, a slide that might just continue in the near-term....Read More
The XRP market has seen the coin’s price fall after the news about the U.S Securities and Exchange [SEC] filing a lawsuit against Ripple and its executives for raising over $1.3 billion through an unregistered, ongoing digital asset offering. This has had a massive impact on the XRP market and the value of the crypto...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice XRP’s price hasn’t really fared well since the start of December. While the world’s largest cryptocurrency Bitcoin managed to go past key resistance levels, the price of XRP continued to trade within the confines...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice XRP’s value has moved up the price scale after months of restricted movement. The value of the third-largest digital asset reached $0.7852, after which the value began to decline. The world’s third-largest crypto,...Read More
Disclaimer: The findings of the following article are the observations of the writer alone and should not be taken as investment advice As is more or less a tradition in the crypto-market, Bitcoin’s positive price action on the charts ended up benefitting many of the market’s altcoins. The previous week wasn’t any different as altcoins like...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice In a development that was received well by many of its proponents, XRP’s price rose substantially on the charts over the past few days. However, with most altcoins’ price action being dictated by Bitcoin’s...Read More
The short-term chart of XRP was unique at the moment as the collective asset class itself. The crypto ecospace is used as an invalidation of market patterns in the past, but the recent spike is a clear example of external factors moving the market at an instant, and away from a legitimate opposite trend. XRP...Read More
Disclaimer: The findings of the following article attempt to analyze the emerging patterns in the XRP short-term market and its impact on the price. As the Bitcoin market moved between some tough resistances and support over the past few days and given the strong correlations with the altcoins, XRP, the third-largest crypto has been noting...Read More
The collective altcoin market is struggling and XRP was no different. While Bitcoin continued to attain new yearly highs, XRP and the rest struggled to breach their immediate resistance. A new yearly high was completely out of the picture at the moment, but analysis suggested that the bullish paradigm might be a little more drawn...Read More
XRP’s price broke out of a temporary period of consolidation, with the cryptocurrency, over the past week, establishing a strong uptrend just like many altcoins in the market. However, the question remains whether or not the present bullish momentum in the market will sustain itself and help improve XRP’s price. At press time, XRP was...Read More
XRP hasn’t been able to rally behind Bitcoin over the past week but the altcoin has kept pace in the short-term trend. Currently breaking above immediate resistance at $0.244, XRP is looking to enter an important transition range at the present moment, which may direct the imminent short-term market. XRP is currently valued at $0.249...Read More
The mid-term trend for XRP ended on a disappointing note as the valuation was unable to consolidate above the resistance at $0.254. With the price facing a little depreciation over the past week, the asset is currently sustaining a position above the support at $0.244. At press time, XRP had a market cap of $11.09...Read More
While XRP has struggled to get on the immediate bullish scene with the rest of the industry, its long-term credentials were playing right in its path. With the price consolidating above the immediate support of $0.230 after the crash on October 1st, the valuation has done well to keep a position above $0.249. While it...Read More
While Bitcoin and Ethereum have moved their respective prices up the ladder over the past week, XRP was still struggling to start their engines. Marking only a 3.11% growth over the past week, when Bitcoin and Ethereum clocked over 6%, meant XRP wasn’t really in the bullish rally yet. However, signs were there for an...Read More
The altcoin market relies heavily on the price action of the world’s largest cryptocurrency, Bitcoin, and such has been the case over the past few days. Since the start of August, XRP has been confined to a descending channel formation. However, the recent surge in Bitcoin’s price, one that enabled it to break the $11k-price...Read More
Disclaimer: The following article attempts to analyze the emerging patterns in XRP’s long-term market and its impact on the price Another blow was recently dealt to the cryptocurrency market after Bitcoin’s fall, with the altseason delayed yet again despite the fact that many expected it to arrive sooner rather than later. So was the case...Read More
For XRP maintaining a position above $0.22 is extremely important at the moment. As indicated earlier, the long-term bullish rally is dependent on its mediation above this price range and XRP’s recent re-test at this support raised a few concerns. With the price currently near $0.24, some of the nerves have settled down but the...Read More
Bitcoin’s price has seen quite a few ups and downs over the past month, with the world’s largest cryptocurrency exerting considerable influence on the altcoin market. This hasn’t necessarily translated well for coins like XRP, a crypto that has been noting lower lows and lower highs over the past two months. While an upward breakout...Read More
Disclaimer: The following price prediction should not be taken as investment advice, as it is the sole opinion of the writer. Unsurprisingly, the collective altcoin market could not hold its own over the past 24-hours as the traditional stock market, Gold and Bitcoin stumbled. With major alts already struggling after the early September collapse, XRP’s...Read More
XRP took a substantial hit in terms of its price this month, with the cryptocurrency falling on the charts in early-September on the back of Bitcoin’s fall. However, the past week has illustrated a determined XRP, one with strong bullish momentum as it tried to recover its previous losses. At press time, XRP was being...Read More
Disclaimer: The following price prediction should not be taken as investment advice as it is the opinion of the writer. Unlike other top digital currencies in the space, XRP struggled to respond after the collective industry collapsed between 1st-2nd Septemeber. With Bitcoin and Ethereum making significant strides in their recovery, XRP failed to move above...Read More
Disclaimer: The following price prediction should not be taken as investment advice as it is the opinion of the writer. Unlike other assets, XRP has found it more challenging to attain a consistent move upwards over the past few days. While top assets such as Bitcoin and Ethereum have reduced their losses from the drop...Read More
The altcoin market has always mirrored the price movements of Bitcoin. The previous week was witness to a similar situation, with XRP’s value dropping by over 20 percent since the start of the month. However, in the long run, the crypto may note a bit of bullish momentum as it has been trading around the...Read More
Following Bitcoin’s lead, XRP has been consolidating. The value of the fourth-largest digital asset in terms of market cap was close to $0.2391, at press time. Given the recent pressure in the market, XRP has been shedding its value and was currently close to its immediate support of $0.2288. Source: XRP/USD on TradingView The above...Read More
Disclaimer: The following price prediction should not be taken as investment advice. The prediction should materialize in the next couple of days. Just like the rest of the altcoins, XRP has struggled to break away from its immediate support at the moment. After the decline stopped at $0.230, XRP’s movement has been rather sideways in...Read More
In sync with most of the altcoin market over the past few days, XRP’s price also took a hit as it fell by close to 15 percent on the charts. Since then, the cryptocurrency has been confined below the $0.257 price range, a development that seems to have undone the gains XRP noted over the...Read More
