Ripple Price Analysis: XRP Signaling Bullish Continuation

Ripple price followed Ethereum and bitcoin to move into a bullish zone above $0.3100 against the US dollar. Buyers gained traction above the $0.3100 and $0.3150 resistance levels before sellers appeared near $0.3290. There is a key bullish trend line formed with support near $0.3140 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is currently correcting lower, but it remains supported above $0.3160 and $0.3140. Ripple price jumped above key resistance levels against the US Dollar and bitcoin. XRP/USD is now trading with a…

Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, TRON, Stellar, Binance Coin, Bitcoin SV: Price Analysis, February 18

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. CNBC commentator and CEO of digital currency investment firm BKCM LLC, Brian Kelly, believes that, “Bitcoin is about 50 percent undervalued.” However, just because it is undervalued is not a good enough reason for it to move up. Kelly opines that due to extreme…

Ripple Price Analysis: XRP Likely To Gain Bullish Momentum Above $0.3100

Ripple price formed a solid support near the $0.2940 and traded higher against the US dollar. There was a break above two key bearish trend lines with resistance near $0.2980 on the hourly chart of the XRP/USD pair (data source from Kraken). The price tested the $0.3040 and $0.3050 resistance levels, where sellers emerged. In the short term, there could be a minor downside correction before the price spikes above $0.3050 and $0.3080. Ripple price is holding a few important supports against the US Dollar and Bitcoin. XRP/USD is likely…

Ripple Price Weekly Analysis: XRP At Risk of Sharp Bearish Reaction

Ripple price is struggling to clear the $0.3000 and $0.3100 resistance levels against the US dollar. There is a crucial bearish trend line formed with resistance at $0.3000 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair must gain momentum above $0.3000 and the 100 simple moving average (4-hours) for more gains. On the downside, a break below the $0.2940 support could trigger bearish moves in the near term. Ripple price corrected lower after a decent upward move against the US Dollar and bitcoin. XRP/USD…

Bitcoin, Ethereum, Ripple, Litecoin, EOS, Bitcoin Cash, TRON, Stellar, Binance Coin, Bitcoin SV: Price Analysis, February 15

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. United States banking giant JPMorgan Chase, whose CEO has been one of the most vocal critics of cryptocurrencies, has announced the launch of its own cryptocurrency, named “JPM Coin.” This clearly shows that many criticize the technology as they do not understand it, but…

Ripple CEO Brad Garlinghouse Says JPMorgan Coin ‘Misses the Point’ of Crypto

Ripple (XRP) CEO Brad Garlinghouse says the newly-announced digital asset from United States banking giant JPMorgan Chase “misses the point” of cryptocurrency, according to a tweet published on Feb. 14. As reported, JPMorgan Chase revealed its blockchain-powered JPM Coin yesterday, saying the asset will initially be used to increase settlement efficiency in select operations. Directly following the announcement, Garlinghouse responded on Twitter: “As predicted, banks are changing their tune on crypto. But this JPM project misses the point — introducing a closed network today is like launching AOL after Netscape’s…

Ripple Price Analysis: XRP’s Downside Thrust Before Fresh Upside

Ripple price is currently trading well below the $0.3045 and $0.3070 resistances against the US dollar. There is a major bearish trend line formed with resistance at $0.3070 on the hourly chart of the XRP/USD pair (data source from Kraken). Recently, there was a break below a connecting bullish trend line with support at $0.3000. The pair could correct a few points in the short term, but there are chances of a sharp drop to $0.2940 or $0.2910. Ripple price continues to trade in a bearish zone against the US…

Ripple Introduces XRP Ledger Version 1.2.0 With Upgrade Deadline of Feb. 27

Ripple, the firm behind the current third top crypto XRP, has introduced a major network upgrade of its XRP Ledger version 1.2.0, according to an official announcement on Feb. 13. The XRP ledger is a decentralized cryptographic ledger that stores XRP and is powered by a network of peer-to-peer (P2P) servers.With the release of the Ripple’s blockchain upgrade, servers will be able to automatically detect transaction censorship attempts and issue warnings of increasing severity for transactions, the announcement says. The XRP Ledger version 1.2.0 includes a number of network amendments,…

XRP Arrows Up as Ripple Inc Fund Projects Promoting Coin’s Use Cases

Ripple prices are stagnant along 30 cents Wietse Wind to receive funding from Xpring Transactional volumes likely to pick up as XRP prices recover It’s all about the ecosystem and Ripple—via Xpring, are actively building that. With their funding of Wietse Wind, his project, XRPL Labs will only generate more XRP use cases. In turn, XRP prices will pump and rally from 30 cents. Ripple Price Analysis Fundamentals There are several Ripple-news making headlines that could impact prices from a fundamental point of view. To begin with, Binance collaboration with…

Ripple Price Analysis: Upsides In XRP Remain Attractive To Sellers

Ripple price climbed higher, but it failed near the $0.3100 resistance area against the US dollar. There is a new connecting bullish trend line formed with support at $0.3000 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could break the $0.3000 support and accelerate losses towards $0.2910 in the near term. Ripple price remained below key resistances against the US Dollar and Bitcoin. XRP/USD may correct higher, but upsides are likely to face a strong selling interest near $0.3100. Ripple Price Analysis In the…