Ripple (XRP) Price Near Make-or-Break Levels: Can Bulls Take Over?

Ripple price formed support near the $0.3610 level and recently recovered against the US dollar. The price traded towards $0.4300 and it is currently correcting lower towards $0.3900. There is a short term rising channel forming with support near $0.3950 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to bounce back above $0.4100 or could decline sharply towards the $0.3610 support. Ripple price seems to be following a decent bullish path against the US Dollar, but struggling vs bitcoin. XRP is likely…

Ripple (XRP) Bulls Firm despite Coin Metric Report

Ripple (XRP) up 25.6 percent Ripple Labs exposed by Coin Metrics as David Schwartz says it is a “timeline issue.” Coin Metrics now reports that Ripple Labs did under-reported the number of XRP released from escrow by a total of 200 million XRP while implementing the “escrow queue” differently than announced. The reaction could be heaping pressure on XRP which is fast dropping, clawing back this week’s gains. Ripple Price Analysis Fundamentals According to a Coin Metrics report, Ripple Labs is allegedly misrepresenting the actual amount of XRP in their…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 17

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. Bitcoin witnessed a flash crash on Bitstamp exchange when it plunged to a low of $6,178. The fall was triggered by a sell order of about 5,000 bitcoins at $6,200. Some people speculate that the order might have been mistyped $6,200 instead of $8,200.…

Ripple (XRP) Price Showing Signs of Weakness But Likely To Bounce Back

Ripple price failed to stay above the $0.4450 pivot level and declined below $0.4200 against the US dollar. The price is currently under pressure and it could test the $0.3740 or $0.3400 support. This week’s followed ascending channel was breached with support near $0.4365 on the hourly chart of the XRP/USD pair (data source from Kraken). There are several supports on the downside near $0.3800, $0.3740 and $0.3720. Ripple price trimmed most its recent gains against the US Dollar and bitcoin. XRP is currently below the $0.4200 support, but it…

Ripple (XRP) Price Skyrockets: More Gains Above $0.50, $0.52 Likely

Ripple price extended its rally above the $0.4500 and $0.4700 resistances against the US dollar. The price tested the $0.4800 area and it looks set to extend gains above $0.5000. Yesterday’s highlighted important ascending channel is intact with support near $0.4390 on the hourly chart of the XRP/USD pair (data source from Kraken). There were sharp gains in Ethereum above $250 and $260, opening the doors for $300. Ripple price started a significant upward move against the US Dollar and bitcoin. XRP broke $0.4750 and it looks set to surpass…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 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. As the Bitcoin rally picked up momentum, the volume also spiked higher. Bitcoin futures on CME made a new record as the number of traded contracts reached 33,700 on May 13, which was way higher than the previous record of 22,500 contracts that exchanged…

Ripple (XRP) Soar, Up 44.2 Percent and $7 Billion Away from Flipping ETH

Ripple (XRP) rally, add 44.2 percent An Ethereum (ETH)—Ripple (XRP) flip could happen in days After a six-month consolidation, the stage is ready for Ripple (XRP). Up 44.2 percent at the time of press, XRP is closing in on Ethereum (ETH) and could flip the asset if there is a ballpark 25 percent price increment. At this pace, bulls should set their targets at 80 cents and even $1.40. Ripple Price Analysis Fundamentals Before May-14, Ripple (XRP) performance had been lackluster. Underperforming Bitcoin (BTC) and other top-10 liquid assets, observers…

Ripple (XRP) Price Starts Significant Uptrend: Can It Test $0.50?

Ripple price is up more than 15% again today and it recently broke $0.420 against the US dollar. The price surged above the $0.4300 level and traded to a new 2019 high near the $0.4480 level. There is a major ascending channel forming with support near $0.4080 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains in a significant uptrend and it could continue higher towards $0.4600 or $0.5000. Ripple price remained in a strong uptrend and climbed against the US Dollar and bitcoin.…

Ripple (XRP) Unshackled, At This Rate, 80 Cents Is Inevitable

Ripple (XRP) surge, up 36.1 percent Börse Stuttgart lists Ripple and Litecoin ETNs Volatility is back, and Ripple (XRP) bulls are in the driving seat. It may be because of Börse Stuttgart listing Ripple (XRP) and Litecoin (LTC) ETNs. However, what is evident is that behind today’s rally is interest thanks to a spike in participation levels. At this rate, it is likely that Ripple (XRP) will close above 40 cents as bulls aim at 80 cents. Ripple Price Analysis Fundamentals After five months of consolidation, Ripple (XRP) bulls are…

Ripple (XRP) Price Rallies 15%: Bulls Now Aim $0.42 or Higher

Ripple price surged higher and broke the $0.3150 and $0.3300 resistance levels against the US dollar. The price even broke the $0.3500 resistance and tested the $0.3750 resistance area. There was a break above a major contracting triangle with resistance at $0.3240 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair traded as high as $0.3778 and it may continue to grind higher towards $0.4000 or $0.4200. Ripple price rallied significantly above $0.3500 against the US Dollar, plus recovered versus bitcoin. XRP is now well…