Tag Archives for " Ripple "

Ripple Price Technical Analysis – XRP/USD Extends Consolidation

Key Highlights Ripple price continues to trade in a range above the $0.1960 support against the US Dollar. Yesterday’s highlighted major channel with current support at $0.1965 is still active on the hourly chart of the XRP/USD pair (data source from Kraken). The price remains in a tight range and looking for the next move, […]

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Ripple Price Technical Analysis – XRP/USD Consolidates Near $0.2000

Key Highlights Ripple price after a correction from the $0.2180 high against the US Dollar started trading in a range. There is a short-term channel forming with support at $0.1960 on the hourly chart of the XRP/USD pair (data source from Kraken). The price remains supported on the downside as long as there is no […]

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Japan’s SBI Group Launching Eight Crypto Businesses Including Mining

Technology Japanese financial services company SBI Group has revealed its plans to create a “new financial ecosystem based on cryptocurrency.” Eight different crypto-related businesses are being developed simultaneously including mining, hedge fund management, and a derivatives market. Also read: Chinese Exchanges Seek Second Chance in Japan and Other More Crypto-Friendly Countries New Financial Ecosystem Based on […]

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Ripple Price Technical Analysis – XRP/USD Preparing for a Break

Key Highlights Ripple price is still above the all-important $0.1960-50 support area against the US Dollar. There is a bearish trend line forming with resistance at $0.2030 on the hourly chart of the XRP/USD pair (data source from Kraken). The price seems to be preparing for the next break either above $0.2050 or below $0.1960. […]

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Ripple Price Technical Analysis – XRP/USD Consolidating above $0.1950

Key Highlights Ripple price is holding an important support at $0.1950 against the US Dollar. There is a bearish trend line forming with resistance at $0.2050 on the hourly chart of the XRP/USD pair (data source from Kraken). The price might break the $0.2050 resistance to trade towards the $0.2150 level in the near term. […]

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New SBI Holdings Report is Very Positive for Ripple and XRP

Things are constantly evolving in the world of Ripple and XRP. Especially their Asian partners are quite pleased with some of the more recent developments. In SBI Holdings’ financial report, the bank notes how XRP usage reduces costs by 60%. This applies to international remittance conducted by SBI Holdings and others banks alike. An interesting […]

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Ripple Price Technical Analysis – XRP/USD Not out of Woods

Key Highlights Ripple price is slowly recovering and is currently trading above $0.1960 against the US Dollar. There is an ascending channel forming with support at $0.2000 on the hourly chart of the XRP/USD pair (data source from Kraken). The price might dip a few points, but it remains supported near the $0.2000 and $0.1960 […]

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Ripple Price Technical Analysis – XRP/USD Showing Bullish Signs

Key Highlights Ripple price traded towards the $0.1850 support against the US Dollar and started a recovery. Yesterday’s highlighted short-term bearish trend line with resistance at $0.1950 was breached on the hourly chart of the XRP/USD pair (data source from Kraken). The price might continue to move higher and remains supported on dips near $0.1950. […]

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