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Posts published in “xrp”

Ripple Price Analysis: XRP/USD Could Correct Lower To $0.4350

Key Highlights Ripple price failed to stay above the $0.4600 support and declined recently against the US dollar. There was a break below an ascending triangle pattern with support at $0.4630 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently under pressure and it seems like it could...

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Ripple Price Analysis: XRP/USD At Major Crossroads Above $0.4600

Key Highlights Ripple price is consolidating above the $0.4600 support level against the US dollar. There is an ascending triangle pattern formed with resistance at $0.4740 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair needs to clear the triangle resistance at $0.4740-50 for a bullish break towards $0.5000. Ripple...

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Centralized Cryptocurrencies Dominate Market, But What About Bitcoin?

A new report reveals that the majority of cryptocurrency and blockchain projects are centralized. Majority of Cryptocurrencies Can Be Classified as Centralized, Securities Cryptocurrency research firm CryptoCompare released its annual Cryptoasset Taxonomy Report, and their findings reveal that only 16% of cryptocurrencies are fully decentralized. The remaining cryptocurrencies reviewed are either centralized, or only semi-decentralized,...

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Analyst: Bitcoin’s Price Must Break 200-Day Moving Average for Rally to Continue

Bitcoin’s price rally has stalled, coming off a major push upwards from the temporary dip that occurred late last week. Bitcoin’s current price, although relatively stable at $6,550, must break the 200-day moving average of approximately $7,200 in order to continue its upward trend, according to one analyst. Nick Cawley, a markets analyst at Daily...

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EToro CEO: We’ll See ‘Greatest Transfer of Wealth Ever Onto the Blockchain’ [Interview]

Yoni Assia etoro

Bitcoinist spoke with Yoni Assia, CEO of the largest social trading platform in the world eToro on their latest push to take cryptocurrency mainstream.  Interview with eToro CEO, Yoni Assia With over 10 million users globally, eToro has become a somewhat of a household name. It is also no secret that the company has been a big supporter of Bitcoin and other cryptocurrencies for a few years now. Its logo is often seen alongside numerous

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Ripple Price Analysis: XRP/USD Surging Toward $0.50

Key Highlights Ripple price is gaining strength and it recently broke the $0.4600 resistance against the US dollar. There was a break above a major triangle resistance at $0.4640 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains well supported for more gains above the $0.4800 and $0.4850 levels....

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White House Considers Ripple as a Foil to China’s Bitcoin Dominance

White House Considers Ripple as a Foil to China's Bitcoin Dominance

Ripple is certainly divisive, seeming to catalyze an equal number of naysayers as it maintains influential fans. According to Chief Market Strategist, Cory Johnson, those fans may also include the highest office in US government. Media Professional Johnson, who joined Ripple Labs in March this year, has an extensive background in journalism. He founded basketball magazine, SLAM, before a stint working at CNBC and 8 years at Bloomberg. One of his main tasks at Ripple

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Tezos Surges 15% Amidst Market Recovery and Kraken Listing

Tezos (XTZ) surged 15% over the past 24 hours amidst a general cryptocurrency market recovery and its recent listing on Kraken. The cryptocurrency has been one of worst affected by the market crash, falling over 90% since its one year high it reached in December. Despite being one of the worst major altcoins affected by...

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Ripple Price Analysis: XRP/USD Bullish Above $0.4250

Key Highlights Ripple price surged higher and broke the key $0.4200 and $0.4300 resistance levels against the US dollar. There is a short-term channel formed with support at $0.4290 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to break the $0.4500 resistance to climb once again towards...

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Ripple (XRP) Price Watch: Uptrend Resumes, Next Targets

Ripple Price Key Highlights Ripple price recently busted through the short-term descending trend line to signal a reversal. Price might still need to make a pullback in order to gather more bullish momentum to sustain the rally. The 61.8% Fib already seems to be holding, though, and technical indicators are reflecting a pickup in buying...

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