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
The United States Securities and Exchange Commission’s [SEC] lawsuit against Ripple and its executives has been widely discussed, with the nature of XRP debated extensively as well. While the case feels like yet another securities case, it is different in a lot of aspects, especially since in none of the other cases, namely Kik or...Read More
XRP tested the $0.3 level of resistance repeatedly, and flipping this level of resistance to support would be a significant development for the bulls. EOS showed neutral short-term momentum as it traded above a level of support. IOTA climbed past $0.45 and targeted the $0.54 level of resistance. XRP Source: XRP/USD on TradingView XRP has...Read More
It’s been a good 12 months for the DeFi ecosystem. Not only did the sector’s TVL climb to exponential heights, but its total market cap ($16.5 billion) also overtook that of XRP’s ($10.66 billion) recently, according to data from Messari. In fact, the last few weeks also saw XRP, one of the old stalwarts of...Read More
Opinions have varied ever since the United States’ SEC filed a lawsuit against Ripple a few weeks ago, a development that for a brief while left the cryptocurrency XRP tanking. However, while quite a few exchanges and trading platforms have already de-listed or suspended XRP trading in the aftermath of the same, a few others...Read More
XRP continues to consolidate under the $0.29 level after breaching the $0.30 range during the 2nd-week of January. The asset recently dropped down to 5th position as well, with Polkadot, taking over its 4th place. While the price is currently on a rise since the end of December, there remains a sense of uncertainty about...Read More
XRP moved within a thin channel and a breakout in either direction did not seem likely in the short-term. Tezos retested $2.84 support and eyed an upward move once again on the charts. ALGO’s price touched August 2020 levels, but a reversal seems quite likely given the overall sentiment. XRP Source: XRP/USD, TradingView XRP retested...Read More
XRP was unable to breach the $0.3 level of resistance as it traded in the $0.28 region, even as announcements of it being delisted from popular exchanges rolled in. Tron flipped a level of resistance to support but did not possess strong upside momentum, and Dogecoin was quiet on the charts as well. XRP Source:...Read More
The end of 2020 was not pretty for XRP. After the SEC news spread like wild-fire, XRP’s value exhibited a free-fall in the charts. After registering a yearly high of $0.79 on November 24th, within a month on 29th December, XRP dropped to a mere $0.17. The present year has been more kind with XRP...Read More
GateHub, a U.K-based hot wallet company that allows users to store and trade cryptocurrencies on its platform, has come out in support of Ripple and XRP amidst the latter’s legal troubles with the United States’ SEC. According to a statement released by the platform, GateHub will continue to list XRP until the SEC’s complaint against...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
Popular crypto-exchange Bakkt recently announced its plans to go public via a SPAC (Special Purpose Acquisition Company), with an initial valuation of over $2 billion. This deal would make Bakkt the first-ever publicly traded crypto-company, a development that would be an important milestone for the industry. With the Coinbase IPO soon to follow, many analysts...Read More
XRP ceded the crucial $0.3 level of support to the bears and was headed toward the $0.25 level of support. Monero was quite volatile as it saw a strong move upward followed by stronger selling pressure, and appeared likely to test the $150 level of support at the time of writing. Dogecoin’s period of consolidation...Read More
XRP recovered from its drop a couple of weeks ago and reclaimed the $0.3 level as a level of support. This flip was significant, and the defense of that level was followed by a breakout to the upside. Tron showed it could witness a minor pullback over the next few hours, while Ethereum Classic soared...Read More
Disclaimer: The findings of the following article is the sole opinion of the writer and should not be taken as investment advice Bitcoin continued on its parabolic run as it breached the $40,000 level to register a high of $41,986. Ethereum was also trading above $1,200 and the altcoin market saw many coins, large-cap or...Read More
The price of XRP, one of the world’s largest altcoins, has been rather volatile over the last couple of months. While for a brief time in late November 2020 hodlers did expect XRP’s prices to surge, all hope was lost after the Securities Exchange Commission sued Ripple for an illegal securities offering. Not only did...Read More
XRP appeared to have turned a corner as it reclaimed the $0.3 level from the bears, and its rally from $0.17 lows did not show signs of halting yet. EOS also reclaimed a key level in the past few days and looked to defend it from selling pressure. Dogecoin might be set to retrace more...Read More
The price of Ripple’s native crypto, XRP has seen much volatility over the last couple of months. Holders expected a late November 2020 surge in XRP prices, but all hope was lost after United States Securities Exchange Commission sued Ripple for an illegal securities offering, calling into question the status of the crypto. Many have...Read More
XRP appeared to have reversed its month-long downtrend, but since many exchanges are set on delisting the cryptocurrency over the next few weeks, some selling pressure may be incoming. Tron registered a sharp move to the upside and tested the resistance at $0.03, while Zcash noted consistent selling and was unlikely to rise past $71....Read More
Crypto asset manager Grayscale announced today that it has removed XRP from its digital large-cap fund, in the wake of US Securities and Exchange Commission accusing Ripple and co-founder Chris Larsen and CEO Brad Garlinghouse of allegedly raising over $1.3 billion through an unregistered “securities offering.” The firm stated that it had sold all XRP...Read More
On the back of consistent price surges over the last week, it seemed that Bitcoin, Ethereum, and the rest of the market were finally registering some corrections on the charts. However, that wasn’t to last as the larger crypto-market hiked after the U.S Treasury’s Office of the Comptroller of the Currency (OCC) issued an interpretive...Read More
Chief Technology Officer at Ripple and XRP Ledger architect David Schwartz said in a recent interview that US regulatory laws with regard to crypto-assets are “vague.” These comments were made, in wake of the Securities and Exchange Commission’s new lawsuit against Ripple which alleges that the company and two of its executives raised over $1.3...Read More
XRP saw a bounce to $0.24 but slid back downward, while Monero would seek to not lose the $130 and $140 levels to the bears. Dogecoin was wildly bullish on the charts as it shot past $0.01 to reach $0.0139. XRP Source: XRP/USD on TradingView XRP saw a dead cat bounce off the $0.17 level...Read More
Ripple has received its first installment of 1 billion XRP in 2021 from its escrow as per the distribution model it had announced. However, the firm did not receive a full 1 billion XRP, but 900 million. The crypto movement tracker on Twitter – Whale Alert, informed the community of the released fund in three...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The Bitcoin market was rallying once again and had been trading at an all-time high of over $29k at the time of writing. This surge has injected life into many of the market’s altcoins....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
2020 has been a year of great progress for cryptocurrencies. However, the same cannot be said for crypto-businesses, with these entities facing certain roadblocks this year. A recent example of the same would have to be the lawsuit filed by the United States Securities and Exchange Commission [SEC] against Ripple. Ripple The status of XRP,...Read More
On the back of Ripple being charged for illegal securities offerings by the SEC and XRP tanking on the price charts, it seemed understandable if any XRP bag holder was nervous about their portfolios. However, those weren’t the only concerns doing the rounds. In fact, one might argue that a more pressing concern is emerging...Read More
XRP traders circled important dates of delisting and court battles on their calendar, while on the charts XRP was set to slide further south. Polkadot broke out past the $6 level on extraordinary trading volume and reached a high of $7.7 and was likely to retrace some of the gains made. Decred had a bullish...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
