XRP

XRP Army Can’t Decide If It Needs A Dump Or Not

XRP fans have started a satirical petition calling for Ripple to increase its ‘dumping’ of XRP. Mocking the language of Ripple CEO, Brad Garlinghouse, they urge Ripple to ‘Unleash the Utility!’. This follows a less ‘tongue-in-cheek’ petition earlier this week aimed at preventing Ripple dumping billions of XRP and crashing price. A Groundswell Of Cynicism Yesterday, a Twitter user...
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Ripple Price (XRP) Failed Attempt Could Trigger Another Slide

Ripple price failed to break the main $0.2650 resistance area against the US dollar.The price is currently correcting lower and is trading near the key $0.2580 support area.There was a break below a major bullish trend line with support at $0.2620 on the hourly chart of the XRP/USD pair (data source from Kraken).The price could...
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XRP’s price recovery may be short-lived as ascending channel suggests another bearish collapse

The last 3 weeks have been anything but fruitful for XRP’s valuation in the market. On 14 August, XRP breached its long term support of $0.291 and the price recorded its year-to-date low. At press time, the token had depreciated by 11.22 percent over the last three weeks and XRP’s price was at a low...
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While Bitcoin Price Rebounds to $10,700, Ripple Transfers 500M XRP From Its Escrow Wallet

While Bitcoin price makes a comeback, XRP community investors warn Ripple overselling the XRP tokens as part of the company’s investments. After last week’s poor performance, Bitcoin is back in action swinging above $10,500 levels. Bitcoin price started gaining momentum since Monday, September 2 and added $1000 over the last 24 hours. The Bitcoin price...
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XRP community rejoices as Ripple hires Ron Hammond as Manager of Government Relations

Ripple has been regularly making headlines, with many in the XRP community threatening a hard fork if Ripple’s board continued to dump Ripple’s native token. The San Francisco-based blockchain firm is in the news again after Ron Hammond was appointed as the Manager of Government Relations at Ripple. He was previously a part of the...
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Will Ripple’s Massive Token Transfers Affect XRP Price?

While bitcoin has been steamrollering everything else in the land of altcoins, some are going to extreme measures to manipulate their own token prices. Ripple’s recent transfer of 500 million tokens from its escrow wallet is one example, but how will it affect the price of XRP. Ripple Dumping More XRP According to a tweet...
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Ripple Price (XRP) Sighting Upside Break, Dips Remain Supported

Ripple price made another attempt to settle above the key $0.2650 resistance against the US dollar.The price is currently correcting, but it remains well supported near the $0.2600 level.There is a breakout pattern forming with resistance near the $0.2650 level on the hourly chart of the XRP/USD pair (data source from Kraken).The price is likely...
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XRP whales rise from dormancy as hundreds of millions moved between wallets

With Bitcoin maintaining its position above the $10,000 mark, the crypto-market saw a host of significant whale movements between wallets. In spite of the larger market’s sideways movement, Ripple and its token, XRP, have benefited from the king coin’s surge.Whale Alert,  one of the web’s major cryptocurrency transaction trackers, shared news of a significant transfer...
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XRP vs. The Ripple Rug: Which Is A Better Investment?

With interest in cryptocurrencies on the rise, many prospective investors are returning their attentions to Ripple Labs – the company best-known for strongly promoting the XRP cryptocurrency token and funding their bank-friendly technology with the billions of dollars it has reaped for them. Meanwhile, cat-owners and internet users are returning their attentions to another valuable...
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XRP’s breach of symmetrical triangle likely to boost short-term price

XRP’s price has witnessed substantial volatility; over the past two weeks, XRP’s price slumped on various occasions but the valuation managed to exhibit a minor hike. 1-hour chart Source: Trading View In the 1-hour chart, it can be observed that the coin’s movement adhered to a falling wedge pattern before a bearish breakout unfolded. Generally,...
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Ripple Price (XRP) Primed For More Downsides Near Term

Ripple price is trading in a downtrend below the $0.2600 and $0.2650 supports against the US dollar.The price is likely to extend its decline as long as it is below the $0.2650 level.There is a key bearish trend line forming with resistance near $0.2570 on the hourly chart of the XRP/USD pair (data source from...
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XRP’s consolidating price may sink as descending triangle approaches completion

XRP market has been experiencing the calm before the storm, as the price started consolidating once again. The third-largest digital asset displayed erratic behavior with the price failing to find stable footing. As it broke out of the bullish ascending triangle in the short term, gaining 3.40% growth, this growth was immediately negated by a...
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XRP Advocate Calls for Fork Amid Alleged Ripple Flooding

An XRP evangelist is calling for a fork of the cryptocurrency to prevent Ripple from dumping coins on investors for profits. Let’s Fork XRP Every quarter, Ripple publishes a report showing the sales figures for the tokens within the preceding three months. Critics say the company is dumping these tokens for profits while the value...
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XRP’s break from ascending triangle pattern is a sign of green pastures

If I got an XRP each time someone asked me about the price, I might have become a successful hodler! Addressing the elephant in the room -the question of XRP’s price swings in short-term; surprisingly the grass is green on this side of the coin as key indicators point towards a trend reversal. August was...
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Crypto Analyst Says XRP Fireworks Are Coming After Bounce From 2014 Support

Few crypto tokens or altcoins have been affected by the crypto bear market than XRP, also known as Ripple. Even though Bitcoin and many others have regained much of their lost all-time high value, XRP is still down over 93% from its $3.84 price record.The post appeared first on NewsBTC
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Ripple’s Ryan Gaylor boasts about XRP’s volatility against fiat during FiNext Conference USA

During the FiNext Conference in USA, Ripple’s Director of Corporate Payments, Ryan Gaylor, claimed that bank coins like JP Morgan’s do not fix the ailing issue of centralization as opposed to XRP, reported VisionaryFinanc. This statement came up when Gaylor was discussing Ripple’s partnership with Santander. Santander Group, a commercial bank “has been planning for...
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XRP rides the bulls for now, but a bear attack seem inevitable

With a circulating supply of 42,932,866,967 XRP and a market cap of $10,995,406,740 at press time, XRP is just recovering from revisiting its lowest value in quite some time. Looking at the 1 hour chart for XRP, a diamond pattern alongside the MACD indicator suggests a short period of stabilization moving into an upwards breakout...
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Dharma clarifies its relationship with Xpring; says it’s not actively working on XRP-related projects

San Francisco-based crypto-lending and borrowing firm, Dharma, has clarified that it is not working actively on any projects related to XRP. The question arose on Twitter after the firm announcing its closed beta for Dharma version 2. While addressing the controversy surrounding the alleged case of “XRP dumping,” Ripple CEO Brad Garlinghouse had previously stated...
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Bitcoin, Bitcoin Cash project bullish long-term sentiment while XRP fails to impress community

In any financial trading space, market sentiment plays a huge role in deciding the outcome or direction of the price over a certain time period. In the cryptocurrency ecosystem, market sentiment is even more evident and sometimes, it is more important than the fundamental properties of the coin itself. Bitcoin, the world’s largest cryptocurrency, usually...
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Ripple Price (XRP) Showing Signs of Further Weakness

Ripple price recovered recently, but it failed to break the $0.2600 resistance area against the US dollar.The price is currently moving lower and remains at a risk of more downsides below $0.2500.Yesterday’s highlighted major bearish trend line is active with resistance near $0.2580 on the hourly chart of the XRP/USD pair (data source from Kraken).The...
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PNC Becomes the First U.S. Bank Using RippleNet for Cross-Border Payments

Photo: Wikimedia Commons PNC Financial Services Group, Inc. finally went live with the blockchain payments platform RippleNet. By doing this, it became a first-ever American bank that decided to process cross-border payments just a year after they decided to adopt Ripple’s technology. As one of the ten largest banks in the U.S., the inaugurating of...
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Lawsuits and Ripple Labs Sales are Bad News for XRP

XRP is down 5 percent on the day and has seen a significant retreat this year. | Source: Shutterstock By CCN Markets: To say that Ripple (XRP/USD) is a laggard would be a huge understatement. The cryptocurrency has been in a long downtrend ever since it posted an all-time high of $3.30 in January 2018. It...
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Brad Garlinghouse Explains the Massive XRP Sales

Photo: Christopher Michel / Flickr The XRP crypto has encountered a lot of bearish volatility lately. The token closely linked to the Ripple FinTech Company has made many analysts think that its bearish trend has resulted from Ripple selling a large number of tokens onto the markets every quarter. The third biggest crypto, XRP, registered...
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PNC bank goes live with RippleNet; becomes first-ever American bank to use its services

PNC Financial Services Group, Inc. has gone live with RippleNet on August 29, becoming the first-ever American bank to process cross-border payments, reported FintechFutures. The bank inked the deal with RippleNet in September 2018 and announced that its Treasury Management Unit would be using Ripple’s current software solution to carry out cross-border transactions. According to...
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Bitcoin Bleeds Out Entire Crypto Market Losing Billions in Price Within Minutes

Bitcoin and a few major altcoins have shocked the market as they have shed significant weight in a considerably short time. Right now, the crypto market prices have lost billions and there is no pointer to a bull run in the near future. The entire crypto market has been in a free fall of sorts...
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Ripple Price (XRP) Bearish Scenario Active: BTC & ETH Nosedives

Ripple price is trading in a bearish zone and recently broke the $0.2500 support against the US dollar.Bitcoin price is down around 5% and Ethereum price declined close to 10%.There is a key bearish trend line forming with resistance near $0.2610 on the hourly chart of the XRP/USD pair (data source from Kraken).It seems like...
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Ripple CEO Tries to Set the Record Straight Regarding Massive XRP Sales

XRP – the cryptocurrency that is closely associated with the FinTech company Ripple – has faced a significant amount of bearish volatility as of late, which many analysts believe has been caused by Ripple selling a large amount of tokens onto the markets each quarter.Brad Garlinghouse, the CEO and founder of Ripple, is now trying...
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XRP Ledger sees more than 105 transactions per second

The decentralized cryptographic ledger and the house of Ripple’s native cryptocurrency,  XRP Ledger index 49624361 contained 370 transactions and the closing time for the ledger was just 3.5 seconds in the early hours of 28th August. The total fees for the transactions executed was 26.27 XRP. This event was tweeted by a Twitter user called...
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SBI VC announces Interim Shareholder Benefit campaign with XRP

Ripple’s efforts towards XRP adoption led to a partnership with SBI Holdings, which led the way to a joint venture “SBI Ripple Asia”, to promote the use of the Virtual currency in Asian markets. Under the said partnership, SBI announced Shareholder Benefits Campaign to grant them with 30 XRP, on August 28. An excerpt from...
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Ripple’s XRPL testnet reset by developer as community speculates testing out Cobalt

Wietse Wind, XRPL developer, creator of the XRPTipBot and XRP Text, announced on Twitter today that the XRPL Testnet provided by Ripple had been reset. Please note: the XRPL Testnet provided by @Ripple has been reset (this happens every now and then: a fresh testnet ?). I just gave the @XRPLLabs testnet node (wss://testnet.xrpl-labs.com) a...
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