Ripple (XRP) Near Crucial Juncture: Here’s Why It Could Decline Sharply
Ripple failed to extend gains above $0.2580 and declined sharply against the US Dollar. XRP price is likely to decline heavily if it breaks the key $0.2300 support zone. Ripple is now trading well below the $0.2400 and $0.2380 support levels against the US dollar. The price is facing many hurdles and it is now […]
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Ripple is holding the key $0.2380 support zone against the US Dollar. XRP price must climb above $0.2450 to increase the chances of an upside break above $0.2550. Ripple is likely forming a crucial breakout pattern with support near $0.2380 against the US dollar. The price is now trading near the $0.2420 pivot level and […]
Ripple Labs, a prominent blockchain technology firm, has recently appointed Lauren Belive, a former US White House staff member, as Head of US Public Policy and Government. This appointment comes at a crucial juncture as Ripple executives have publicly voiced their concerns and criticisms regarding the US government’s recent position on cryptocurrencies. In response, Ripple […]
Ripple started a steady decline and traded below the $0.2500 support against the US Dollar. XRP price is showing bearish signs and it might slide further below $0.2375. Ripple failed to stay above the $0.2500 support and extended its decline against the US dollar. The price is now trading below the $0.2450 support and the […]
XRP finds itself at a critical juncture as it grapples with a formidable resistance level at $0.54. The recent surge in XRP’s price has propelled it into this crucial resistance range, where it has made three unsuccessful attempts to breach in the past seven days. This repeated testing of the $0.54 mark underscores its significance as a formidable barrier for XRP. Despite these challenges, a price analysis suggests that XRP retains the potential to attract strong demand if certain conditions align in its favor. Over the last three weeks, there has been noticeable accumulation of XRP,....
Ripple retested the $0.7500 resistance level before a sharp decline against the US Dollar, similar to bitcoin and ETH. XRP price is holding the $0.5500 support, but it might even test $0.5000. Ripple started a strong downside correction after it failed to clear $0.7500 against the US dollar. The price broke the $0.6000 support, but […]