TL;DR Breakdown Japanese monetary firm SBI has teamed up with Ripple on a new Ripple remittance deal. The deal seeks to provide the first on-demand liquidity in the whole of Japan. The two have partnered up before in their co-venture called SBI Ripple Asia. Ripple has great potential as many investors believe in the cryptocurrency. […]
TL;DR Breakdown Ripple price is expected to rise to $0.71 The closest support level lies at $0.70 Ripple price is facing resistance at the $0.73 mark Ripple price has finally broken above the $0.65 mark and strong bullish momentum has carried the price to challenge the $0.71 mark. XRP records an over 24 percent price […]
TL;DR Breakdown XRP set a higher local low yesterday. Bullish momentum took over overnight. XRP saw a spike to $0.73 this morning. Ripple price analysis indicates bearish momentum to follow later today as a rapid spike to the $0.73 previous resistance was seen over the past hours. Since further upside currently gets rejected, we can […]
TL;DR Breakdown XRP spiked above $0.65 overnight. Further upside rejected over the past hours. Market retrace later today. Ripple price analysis is bearish for the next 24 hours as a sharp spike higher was seen overnight above the $0.65 resistance. From there, any further upside was quickly rejected, and XRP/USD currently prepares for a much […]
TL;DR Breakdown XRP continued to move higher yesterday. Consolidation around $0.61 was established overnight. XRP/USD prepares for further downside. Ripple price analysis indicates bearish momentum to follow next week as further upside was heavily rejected overnight. Therefore, we expect XRP/USD to start declining over the next 24 hours to reach the $0.52 previous low next […]
TL;DR Breakdown XRP moved higher yesterday. Resistance around $0.60 tested overnight. Market likely to reverse today. Ripple price analysis indicates bearish momentum to follow later today as the $0.60 resistance was reached overnight and bulls are likely exhausted as of now. Therefore, we expect XRP/USD to start declining over the weekend and try to finally […]
TL;DR Breakdown XRP spiked to $0.52 yesterday. XRP/USD moved sideways for the rest of the day. The market started to rally overnight. Ripple price analysis indicates bullish momentum to follow later today as support was found at $0.52 yesterday. Therefore, we can expect XRP/USD to retrace higher and reach the $0.58 previous resistance level next. […]
TL;DR Breakdown Ripple price analysis reflects slow erosion in price levels towards lower support After recovering 40% from its recent low of $0.5184, XRP recovers slightly overnight The XRP coin was rejected at this critical price point and pulled back near the lower support The closing price has fallen below the $0.5300 support level The […]
TL;DR Breakdown XRP moved sideways overnight. Support around $0.58 still holds. Next major price target at $0.50. Ripple price analysis is bearish for the next 24 hours as the market continues building a base above the $0.58 with increasingly lower highs. Therefore, we expect XRP/USD to break lower later today and aim to reach the […]
TL;DR Breakdown XRP set a lower low yesterday. $0.60 mark currently retested as resistance. Next target at $0.50 Ripple price analysis indicates bearish price direction later today as the market set further low yesterday and retraced to retest the $0.60 mark. Therefore, we assume that XRP/USD will move lower later today and target the $0.50 […]