Cryptocurrency News
Breaking down from a three-month range bound last week, Ripple’s XRP saw a sharp rejection and retraced back in the range. The price looks strong following a 3% gain but is currently facing resistance. Following a lower low and lower high movement in a month, XRP fell sharply below a […]
Ripple’s price has been stagnant since the start of this week, due to several crackdowns in the past months. This came after halting the sell-off and is now gathering momentum for another move. The past week saw XRP through another reduction in continuation of its short-term fallout across the crypto […]
The sentiment around major altcoins XRP, Dogecoin, and Shiba Inu has taken a significant hit following their recent price declines. For patient traders who have been waiting for the market to lose interest in these high-profile cryptocurrencies, this dip in sentiment might signal a prime buying opportunity, especially with FOMO […]
While most altcoins recently broke down to a new monthly low, XRP is still captured in a tight range as it slowly gathered momentum for a big move. While bias remains bearish, it is deciding on where next to head. In the middle of the storm, Ripple posted a small […]
XRP has seen a little recovery since last month but the price is still trapped in a range bound, looking for a key break point to initiate the next major move. It is currently down 2% today after rejecting a key level. Bouncing sharply off the $0.42 level in April, […]
While trading in a range-bound, Ripple showed signs of strength today as it tapped a 4% gain. Despite a steady decline in the daily volume indicator, it found support again and continues to foot a fresh increase. Ripple’s XRP has reacted positively to the latest increase across the market, bouncing […]
In recent days, the XRP Ledger has witnessed a surge in activity as dormant tokens have begun to move, reminiscent of a similar occurrence back in April. This movement, highlighted by the Token Age Consumed metric from Santiment feed, mirrors the spike observed just before XRP experienced a significant drop […]
Amid latest bloodbath in the overall market, XRP registered some losses as it dipped below $0.5 yesterday. Hence, it has seen a slight increase over the past hours and is now attempting to climb back on the daily graph. XRP has been subjected to a consolidation mode for the past […]
Ripple crashed and recovered from a year-low last week. It is in red today after shedding several losses in the past week. The price trades in a critical zone on the daily chart, finding it difficult to sustain recovery. After last week’s heavy crash, which was followed by a sharp […]
Today looks a bit calm for Ripple XRP after experiencing serious bleeding since the start of the week. It saw a rejection and now holds temporarily above a key level. The price is currently facing minor resistance. Last month saw XRP through the end of a bullish phase after rallying 50% […]
XRP painted a bearish scenario throughout last week following a quick rejection. This week came with a relief and the asset bounced slightly from the recent dip to where it currently trades above a key support. Two weeks ago, XRP faced resistance near the $0.75 level after rising by 50% […]
Ripple’s XRP bullish trajectory is still looking intact weekly, but it has slowed down buying after facing resistance some days back. Due to this, it lost buzz and appeared weak today, initiating drops in the intra-day trading. Since the market bounced back in late January, XRP posted a nice gain […]
Ripple’s price recently broke out of a key resistance line after witnessing a steady increase over the past two weeks. It has encountered resistance and now aims for a retest before resuming buying. Last month saw XRP through an end of a three-month bearish correction after losing about 30% of […]
After several crackdowns in the past two months, Ripple extended bearishness this week and traded back at the bottom. It bounced slightly in the mid-week but remained weak daily as it lost over 20% in two months. XRP has finally rolled back to the bottom following a steady decrease for […]
Ripple’s XRP has extended bearishness today, registering a total loss of 18% in a month. It is trading near support with no signs of stopping yet. More sell-offs should be expected if the price continues to melt down. After cracking below a crucial demand zone over the weekend, XRP further […]
As of the latest data, the XRP Ledger, Ethereum, and Bitcoin are all witnessing profit levels above 80%, a scenario not seen since March ’22. The current supply in profit for Bitcoin stands at 83%, Ethereum at 84%, and XRPLedger at 81%. Historically, these levels are considered high-risk profit zones, […]
Since Ripple entered a crucial demand zone this month, the price has remained trapped. However, it paints a gloomy picture on the daily chart with a potential breakdown. The price may roll back to the bottom. Following past months of bearish, XRP has lost over 30% of its valuation in […]
Ripple Labs has unveiled its intention to conduct a share repurchase, or tender offer, valued at $285 million, targeting initial investors and staff members. This move places the company’s valuation at an impressive $11.3 billion. According to sources from Reuters, participants in this tender offer are restricted to selling a […]