Category: Ripple (XRP) Price

Kraken Halts XRP Trading For US Users Following The SEC Charges

Kraken Halts XRP Trading For US Users Following The SEC Charges

The San Francisco-based veteran crypto exchange Kraken is the latest platform announcing plans to halt Ripple (XRP) trading starting at the end of January. The decision will affect only US-based citizens, while all services will remain operating as intended for customers located outside of the country. Starting on January 29th at 5 pm PT (or […]

Continue Reading

Grayscale Moves to Dissolve XRP Trust Amid SEC-Ripple Fiasco

Sequel to its removal of XRP from its diversified public crypto fund, Grayscale Investments has announced the dissolution of its XRP Trust. The move is another fallout from the current enforcement action instituted by the U.S. Securities and Exchange Commission (SEC) against Ripple. Grayscale Terminates XRP Trust Grayscale announced the decision to dissolve its XRP […]

Continue Reading

Ripple Price Analysis: XRP Plunges 18% As Crypto Markets Correct, Support Nearby?

Ripple Price Analysis: XRP Plunges 18% As Crypto Markets Correct, Support Nearby?

XRP/USD – XRP Drops From 200-Days EMA Key Support Levels: $0.263, $0.25, $0.23. Key Resistance Levels: $0.3, $0.32, $0.35. Last week, XRP bounced higher from $0.25 to reach the resistance at the 200-days EMA. It traded sideways along with the 200-days EMA for the past five days but the 15% price drop in Bitcoin today […]

Continue Reading

Ripple Price Analysis: While Crypto Explodes, XRP Stuck at $0.22 Amid the SEC Saga

Ripple Price Analysis: While Crypto Explodes, XRP Stuck at $0.22 Amid the SEC Saga

XRP/USD – Bulls Defending $0.22 Support So Far In January Key Support Levels: $0.22, $0.2, $0.171. Key Resistance Levels: $0.25, $0.285, $0.3.. After a disastrous end to 2020, in which XRP tanked by a severe 75%, following the SEC lawsuit, the coin attempts to establish a strong support base at $0.22 (November 2020 lows). So […]

Continue Reading

Buying The Bottom? Grayscale Concludes 2020 With Huge XRP Purchase and 10x in AUM

The leading digital asset manager, Grayscale, has taken full advantage of the developments within the cryptocurrency field with record-breaking inflows. The company’s assets under management (AUM) have increased ten-fold throughout 2020 to above $20 billion. Grayscale’s Best Year To Date Founded in 2013, Grayscale is among the largest gateways for institutional investors to receive exposure […]

Continue Reading

Ripple In Response: The SEC Has Harmed Retail XRP Investors

Following the SEC charges on Ripple and numerous cryptocurrency exchanges delisting the native token, Ripple has issued another statement to confirm its belief that this is an attack on the entire industry. XRP reacted with a brief pump, but the asset’s value continues to tumble on a daily basis. Ripple’s Latest Reaction On The SEC […]

Continue Reading

Litecoin Unseats Ripple’s XRP as The Fourth Largest Cryptocurrency

Litecoin Unseats Ripple’s XRP as The Fourth Largest Cryptocurrency

Things are not looking good for Ripple’s XRP. Following the news that the United States Securities and Exchange Commission (SEC) has pressed formal charges against the company, its native cryptocurrency tanked by almost 70%. This has also led to another somewhat unexpected event as Litecoin (LTC) takes the seat of the fourth-largest cryptocurrency by market […]

Continue Reading

Ripple Price Analysis: Those Are The Possible Floors That Might Stop XRP’s Bloodbath

Ripple Price Analysis: Those Are The Possible Floors That Might Stop XRP’s Bloodbath

XRP/USD – XRP Hits 5-Month Lows With Drop Beneath $0.2 Key Support Levels: $0.19, $0.18, $0.171. Key Resistance Levels: $0.2, $0.215, $0.25. XRP plummeted into the $0.25 support last week after the announcement was made that the SEC would be suing Ripple. Many analysts hoped that the $0.25 support would hold but XRP went on […]

Continue Reading

Coinbase To Suspend Ripple Trading: XRP Down 60% In 10 Days

Coinbase To Suspend Ripple Trading: XRP Down 60% In 10 Days

Veteran cryptocurrency exchange Coinbase announced that it would fully suspend XRP trading by January 2021, following the lawsuit filed against Ripple by the U.S Securities and Exchange Commission (SEC). Coinbase to Suspend XRP Trading According to a blog post on Monday (Dec. 28, 2020), Coinbase stated that while XRP trading will be moving to “limit […]

Continue Reading

Crypto Price Analysis & Overview December 25th: Bitcoin, Ethereum, Ripple, Binance Coin & Chainlink

Crypto Price Analysis & Overview December 25th: Bitcoin, Ethereum, Ripple, Binance Coin & Chainlink

Bitcoin Bitcoin saw a further 7.5% price surge over the past week, with today’s 5% price hike putting it at a new ATH of $24,660. The cryptocurrency had penetrated above  $20,000 on December 16th, and it continued to rise last week until it met resistance at $23,853 (1.618 Fib Extension – purple). The buyers struggled […]

Continue Reading