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
By Dmitriy Gurkovskiy, author at RoboForex Blog An unexpected forecast on the XRP was made by a legendary blackjack expert and billionaire Stephen Wynn. He states that the XRP may reach 10000 USD per coin if in the future, it will be widely used in retail sales and transborder transactions. In an interview to John Navin...Read More
Disclaimer: The following price prediction should materialize over the next two weeks. When XRP registered a recovery of 103 percent after its price drop on March 13th, many were expecting it to follow into the footsteps of other major assets. The likes of Bitcoin, Ethereum were able to ascend near their early highs of 2020,...Read More
The world economies are facing a tough time due to the impacts of COVID-19. According to the International Monetary Fund [IMF], the global economy is expected to fall by over 3% in 2020. With the financial crisis crippling countries around the world, global remittances are projected to decline sharply by almost 20% in 2020 by...Read More
Disclaimer: The following article tries to analyze the short-term price patterns of XRP The cryptocurrency market has been having a tough time in a consolidating phase. However, one major crypto has been stuck at a low level for months now, XRP. The fourth-largest cryptocurrency according to the CoinMarketCap list, XRP has been stuck under $0.30...Read More
XRP, now the fourth largest altcoin in the market has not had the best few months. In the recently concluded Q2 2020, the altcoin saw a quarterly price gain of less than 2 percent, its market dominance which now stands at 3.16 percent of the total crypto market fell by 1.3 percent between March and...Read More
Bitcoin, the world’s premier cryptocurrency, is yet to meet the price expectations many in the community had from it after it underwent its much-anticipated halving in May. While fundamental metrics like the no. of active addresses remain strong, BTC’s price movement has lagged behind. Consider this – over the last two weeks, the cryptocurrency’s value...Read More
Disclaimer: The findings of the following analysis attempt to foresee XRP’s price movements over the next 24 hours XRP’s price action over the past month has left much to be desired. In fact, XRP recently lost out to Tether in terms of market capitalization, dropping to fourth place on CoinMarketCap’s list. Since the Black Thursday...Read More
The cryptocurrency market, for many traders, is now proving to be a good investment. Despite Bitcoin being stuck in a sideways motion for a long time, the same hasn’t been reciprocated by the altcoin market, with many of these alts showing signs of decoupling from the world’s largest cryptocurrency. XRP Source: XRP/USD on TradingView XRP,...Read More
The performance of Bitcoin has often overshadowed the developments of most altcoins. Even though the impact of BTC’s volatility is visible across all major coins in the market, the independent movement of many major coins has been often neglected. A similar trend has been taking shape in the XRP market despite the sideways movement of...Read More
The fourth-largest cryptocurrency in the market, XRP is not a stranger to the volatility in the market. Even though the current state of the cryptocurrency market has been consolidated, XRP has been witnessing this stagnation for a long time now. Despite the sudden drop in XRP’s price, like that noted on 9 June, the value...Read More
For years the top-3 coins in the cryptocurrency market have not changed. Tether might’ve spoiled the three-wheel party of Bitcoin, Ethereum and XRP by intruding, but it’s less a cryptocurrency, and more a trading tool. These three coins are regarded as the elite in their own fields – currency, network, and institutions, yet in terms...Read More
During a quarter that began with Bitcoin recovering from its biggest single-day drop in seven years, punctuated with the halving and ended with a two-month stable run, one would think that altcoins would have a leg up. Well, that wasn’t the case. At least not for all the altcoins, but the biggest one of the...Read More
With the start of a new quarter, slowly but surely some altcoins are moving out of Bitcoin‘s shadow. As the $9,000 mark does not look to budge for the king coin, some alts, led by the top two Ethereum and XRP are seeing wayward movement, but all of them are looking up. Source: BTCUSD via...Read More
The meme coin is the only coin with a bullish outlook in the near term while Chainlink and XRP are both hinting at a downtrend. Even if Dogecoin doesn’t see price appreciation, it will witness a sideways movement; Link and XRP have a clear negative bias. Chainlink Chainlink ranks 13 with a market cap of...Read More
Disclaimer: The findings of the following analysis attempt to foresee XRP’s price movements over the next 24 hours XRP’s price action hasn’t been very promising over the past few months. Over a month ago, XRP lost out to Tether in terms of market capitalization, dropping to fourth place on CoinMarketCap’s list. Since the 12 March...Read More
With every passing day, the prospect of cashless transactions is becoming more and more enticing, especially since the pandemic is making cash vulnerable. Many traditional banks have been taking steps towards managing day-to-day activities online, with an eye on making the user experience more convenient and comfortable. One of the technologies attempting to streamline the...Read More
Among XRP, Cosmos, and Dogecoin, the meme coin [Dogecoin] seemed to note the best YTD performance, at press time. Odd, isn’t it? The coin was up 14.61%, while Cosmos was down 8% and XRP by a whopping 38%. The takeaway from this is that even though altcoins are all correlated, this difference is what makes...Read More
Ripple has been bridging gaps between countries with heavy remittance volumes for a while now, one partner at a time. Now, in light of the delicate condition of small and medium enterprises owing to a raging pandemic, Ripple has partnered with Currencycloud, a B2B cross-border payment platform to help these businesses. The London-based company is...Read More
Ripple has been one of the most prominent and popular entities in the cryptocurrency and blockchain industry for a while now. However, while it has managed to acquire and pocket numerous banks and exchanges to push its services, its biggest deal has been with Japan’s SBI Holdings. SBI Holdings is the largest known shareholder of...Read More
Disclaimer: The findings of the following analysis should materialize over the next 24 hours Since 24 June, XRP’s value has dropped under multiple short-term support levels on the charts, with bearish pressure having taken over the crypto-asset. Here, it should also be noted that of all the top 5 crypto-assets in the ecosystem, XRP continued...Read More
With every passing week and month, Ripple is moving ahead with its aim to take over the world’s remittance market. Its Global Payments Network, RippleNet, has onboarded many customers from around the world as part of its plans to ease and fasten the payment settlement process. With Ripple’s remittance service, On-Demand Liquidity [ODL], also allowing...Read More
Disclaimer: The findings of the following analysis should materialize by mid-July June 2020 hasn’t been smooth sailing for XRP, the market’s fourth-largest cryptocurrency. After the dramatic decline in March, XRP peaked on 29 April after touching the price point of $0.23. Since then, however, it has been all downhill for the cryptocurrency. In the month...Read More
The performance of XRP in the cryptocurrency market has been dull and consolidating for the past couple of days. The price of the fourth-largest digital currency was at $0.1758 and was experiencing terrible selling pressure, at press time. The violent price action in the market, however, did not interfere with the movement of crypto in...Read More
