With a vast majority of altcoins pumping, this feels like the beginning of a bull run. XRP, however, seems to be a little behind on the price pump and is undervalued. Undervalued, in the sense that, the price needs to accurately reflect the developments seen around the token itself and Ripple. Ripple Addressing the “skeptics”,...Read More
Market trends in the crypto-industry seemed to point to a lack of correlation as many of its altcoins courted individuality on the charts. After Ethereum’s recent pullback and Bitcoin’s re-test of the range at $11,900, XRP was able to sustain testing at $0.30 as well. On the contrary, Digibyte had better success over the past...Read More
The crypto-market, at the time of writing, was going through a tricky phase. Bitcoin, the world’s largest cryptocurrency, was continuing to trade sideways on the charts, with BTC looking to strengthen and consolidate its position around the present price level, before it attempts to breach its psychological resistance of $12,000. Source: Coinstats This, however, has...Read More
XRP’s price recorded substantial gains on the charts as the month of July came to a close. Surprisingly, since the start of August, this trend has reversed slightly, with the price failing to break key resistances a few times. However, the price of the market’s fourth-largest cryptocurrency may be gearing up for yet another surge...Read More
The beginning of the week saw many of the market’s cryptos struggle under pressure. While most of these cryptos followed Bitcoin’s trend of falling prices, other small altcoins acted independently and registered price surges of their own. The changing tide in the crypto-market once again highlighted the weak correlation between Bitcoin and small-cap assets since...Read More
Disclaimer: The following price prediction should materialize within a week. XRP’s price action in the past day’s time wasn’t very promising. With the price maintaining its consolidation near $0.29, a steep drop of 8.56% witnessed the asset dropped down to $0.265 in the charts. In the meantime, the asset also breached the immediate support line...Read More
With a market cap of $13.37 billion, XRP is the third-largest cryptocurrency in the world. In the last 2 hours, the coin has seen a minuscule surge of 0.5% but that won’t be the end of it. Due to the formation of a bull flag, the coin shows a potential for a surge ranging from...Read More
Bitcoin, and by extension, the larger crypto-market, have both done well over the last few weeks. Not only did the world’s largest cryptocurrency allay concerns associated with its price performance, but for the first time since March, BTC was also able to sustain a position above its previous psychological resistance of $10,000. At the time...Read More
Disclaimer: The findings of the following analysis attempt to foresee XRP’s price movement over the next 24 hours Since the start of the month, XRP has recorded massive gains on the price charts. In a week’s time, the world’s third-largest crypto saw its trading price appreciate by close to 30 percent. While the second quarter...Read More
XRP, IOTA, and even the recently-popular Dogecoin were all facing resistances, at the time of writing, with these cryptos headed down towards their immediate supports on the charts. However, these cryptos are likely to have a brighter future in the near-term, with a surge of at least 10% expected. XRP Source: XRPUSD on TradingView With...Read More
Disclaimer: The following price prediction will possibly register a change after the completion of the golden cross. XRP’s unceremonious drop from $0.326 to $0.250 has been dealt well by the 3rd largest digital asset. Over the past 3-days, the asset has clawed its way back near the $0.30 range, currently valued at $0.296 at press...Read More
The cryptocurrency market broke out of the long crypto-winter that restricted the price of most major assets between their immediate resistance and support. However, for the third-largest digital asset, XRP, this sudden boost was much-awaited since February 2020. As XRP bounced between $0.2141 and $0.1701, the market had reached a low point, even as investors’...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, August 4th, the XRP is looking for a foothold to go on growing, but the impulse is yet very feeble. The cryptocurrency is generally trading at 0.3070 USD. Technically speaking, on D1, the XRP demonstrates the development of growth after a breakaway of the resistance line of...Read More
Within a day (1 August 2020), the collective industry seemed to be back on track as a majority of the top altcoins registered positive gains over the past day. XRP, Chainlink, and Tezos were some of the frontrunners with LINK leading the pack in the charts. XRP 1-hour chart XRP/USD on Trading View After reaching...Read More
Bitcoin’s push over $10,000 and above have divided the altcoins into two categories, those that go along with the king coin, and those that do not. Among the thousands of altcoins in the market XRP, the second-largest altcoin in the market represents the former, Chainlink, one of the best performing alts in the market over...Read More
On Binance, bitcoin quarterly futures hit a high just shy of $100,000 – $99,964. While sudden moves like these aren’t new, it had been forgotten due to the slow, sideways moving price devoid of volatility. With over a billion dollars worth of positions liquidated in a minor $1,400 move by Bitcoin, volatility is back. While...Read More
Disclaimer: The findings of the following analysis attempt to foresee XRP’s price movement over the next 24 hours Towards the end of July, XRP’s price action seemed to come across strong bullish momentum on the charts. While the second quarter of 2020 wasn’t very promising for XRP, something evidenced by the crypto dropping a place...Read More
Among XRP, IOTA, and Digibyte, IOTA seemed to be the only cryptocurrency showing the short-term promise of a surge. With Bitcoin climbing above $11,000, the market seemed to have returned to normal. However, that also meant that altcoin dominance was being overshadowed by BTC’s. XRP Source: XRPUSD TradingView The price of XRP, at press time,...Read More
Disclaimer: The following price prediction should materialize over the next couple of weeks. XRP proponents will be largely satisfied by the current performance in the digital asset industry. After breaching past an important resistance, XRP was trading above $0.222 for the first time since early March. The bullish rally also allowed the asset to reclaim...Read More
Disclaimer: The following article attempts to analyze the evolving pattern in the XRP short-term market and its impact on the price. The price of the largest cryptocurrency Bitcoin [BTC] escalated on 28 July causing the major alts to witness a brief period of volatility in the market. The fourth-largest cryptocurrency, XRP which had been under...Read More
The last few days have seen the crypto-market note a trend reversal of sorts. While most large-cap cryptos like Bitcoin and XRP finally saw some price movement that pushed these cryptos up the charts, few of the past few months’ best-performing cryptos like Chainlink and Tezos registered corrections. The latter’s movement was especially interesting since...Read More
The crypto-community has been in a buoyant mood over the past few days owing to a recent decision taken by the United States’ Office of the Comptroller of Currency. The decision, encapsulated in an interpretive letter the OCC sent to an unnamed bank, stated that nationally chartered banks and savings institutions may now offer crypto-custody...Read More
Disclaimer: The findings of the following analysis attempt to foresee XRP’s price movement over the next 24 hours Over the past 7 days, XRP‘s value has registered over 10 percent in growth. However, the past few months haven’t been particularly inspiring for XRP’s price action, especially after having lost out to Tether in terms of...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, July 24th, the XRP is declining after previous growth, trading near 0.2036 USD. On D1, XRP/USD keeps declining. The quotations have bounced off the upper border of the channel and now rest near 38.2% Fibo. The nearest aim of the decline is still 23.6% Fibo; if the...Read More
The latest price movement in the Bitcoin market pushed the price of the cryptocurrency over $9.5k, with the altcoin market also mirroring its gains soon enough. However, compared to the world’s largest digital asset, the altcoin market has been noting some pressure building up, making many alts take the bearish journey going forward. XRP Source:...Read More
Disclaimer: The following price prediction foresees a little bit of volatility as a breakout may occur under a week. After its recent ascend to over $0.193, XRP was able to resist an instant correction below the support, but over the past few days, the asset was hinting towards the possibility of a dip. With the...Read More
Disclaimer: The following article attempts to analyze the emerging trends in the short-term XRP market and its impact on the price. XRP has moved down the CoinMarketCap list to the fourth position, while Tether [USDT] takes its place. This was possible due to a booming USDT ecosystem and a dormant XRP market cap. As the...Read More
Ordinarily, Bitcoin’s price performance on the charts will be mirrored by the many altcoins in the market. However, off-late, that hasn’t been the case. Despite many alts noting corrections over the past few days, not every alt got the memo, with the likes of XRP and Dogecoin climbing, while LINK continues to correct. XRP Source:...Read More
XRP, the fourth largest cryptocurrency in the market has not had the best of years. Beginning the year in good spirit with some optimistic price action, it was soon overshadowed by Ethereum and later Bitcoin and its erratic movement. Even with the king coin losing 50 percent of its value, and beginning the second quarter...Read More
At the time of writing, to a certain extent, normal order seems to have been restored in the cryptocurrency market. On the heels of Bitcoin stagnating on the charts, many of the market’s altcoins registered losses of their own. At press time Bitcoin was being traded at $9155 with a 24-hour trading volume of $4.5...Read More