XRP and Ripple Stand to Benefit if the World Bank and McKinsey Projections are True

Ripple prices are stable but bullish SendFriend receives $1.7 million from Ripple and three other companies Transactional volumes are unexpectedly low four days after Feb 8 expansions Despite Cory Johnson exiting the company, XRP is stable as Ripple invests in SendFriend. XRP prices stand to break above significant resistance levels. What we would like to see is first prices printing above 34 cents as bulls of Jan 30, and Feb 8 are confirmed. Ripple Price Analysis Fundamentals Let’s crunch in some numbers. In 2016, the World Bank estimated that workers…

Ripple Price Weekly Analysis: XRP Primed For More Upsides

Ripple price bounced back sharply and broke the $0.3000 resistance level against the US dollar. There was a break above a major bearish trend line with resistance near $0.2900 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair is now placed nicely above the $0.3000 support and the 100 simple moving average (4-hours). Ripple price gained a strong bullish momentum against the US Dollar and bitcoin. XRP/USD is likely to extend the current wave towards the $0.3300 or $0.3400 resistance level. Ripple Price Analysis Recently,…

SWIFT Unlikely To Use XRP Even After Corda Trial

Ripple price cool off after yesterday’s eruption SWIFT using XRP unlikely even after Corda test phase Bull momentum building up as transactional volumes increase After impressive gains, candlestick arrangement supports XRP bulls. To that end we expect bull momentum to build up as uncertainty around SWIFT using XRP after Corda test phase mills. Ripple Price Analysis Fundamentals A level deeper and the excitement around the newfound, indirect partnership between Ripple and SWIFT through R3’s Corda Settler will subside. After a technical review, it is apparent that SWIFT GPI Link is,…

Ripple Price Analysis: XRP Accumulation, Bull Pressure Building Up

Ripple prices stable above 30 cents SWIFT—Ripple competition should heat up in coming days Transactional volumes low and dropping XRP success depends on adoption. That’s why an increase in xRapid users is bullish for investors. Even still, the slide of XRP prices have been deflating, and after 12 months of lower lows, we expect Sep 2018 to guide medium to long term price trajectory. Ripple Price Analysis Fundamentals As long as SWIFT dominates, we expect determined competitors to step up their marketing, pitch to potential clients—mostly in areas where most…

Ripple Price Analysis: XRP Consolidates For the Eighth Straight Day

Ripple prices in a 2 cents trade range below 34 cents Mercury FX demonstrates the power of XRP Prices ranging as daily average trading volumes drop t0 23 million—streams from BitFinex Although the path of least resistance ought to be northwards, sellers are currently pinning down bulls. Nonetheless, our XRP/USD trade plan is upbeat, and with Mercury FX moving huge sums from the UK to Mexico using XRP, it seems like we are on the early stages of widespread adoption. Ripple Price Analysis Fundamentals Today marks the seventh day of…

Sep 2018 Gains Shore XRP Bulls

Ripple price is trading within Sep 2018 high low and bullish The management team at Circle convinced crypto valuation would rise. Bear trading volumes high, XRP prices likely to find support at 30 cents Although losses were market wide, XRP is resilient, absorbing sell shocks and rising above ETH for the first time in 2019. Even with this safe-haven status, we expect XRP to slide against the USD towards 30 cents. Ripple Price Analysis The ability of XRP to absorb shocks may be the reason why the coin is in…

Ripple Price Analysis: XRP Holding Important Support, Can It Recover?

Ripple price traded lower recently and tested the $0.3580 support against the US dollar. There is a major bullish trend line with support at $0.3530 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could recover above $0.3650 as long as it is above the $0.3530 and $0.3580 supports. Ripple price corrected lower recently against the US Dollar and Bitcoin. XRP/USD must stay above $0.3530 to start a fresh upward move in the near term. Ripple Price Analysis After forming a high near the $0.3760…

Ripple Price Analysis: XRP Find Support at 35 Cents, Close 2018 on a High

Latest Ripple News Coin creators ought to have a thick skin and always ready to answer any question touching on their creations. While Ripple is an independent and a for-profit company that advocates three main solutions in xRapid, xCurrent, and xVia, it’s a well-documented that the community is not so sure on whether XRP is a security or a utility. Brad Garlinghouse insists that Ripple Lab’s XRP is a utility and a former SEC commissioner did reinforce his position. In a recent AMA, Brad said XRP is a utility, and…

Ripple Price Analysis: XRP Broke Key Support, More Losses Ahead

Key Highlights Ripple price traded lower recently and broke the $0.3550 and $0.3440 supports against the US dollar. There is a major bearish trend line formed with resistance at $0.3560 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may correct a few points in the near term, but it could face sellers near $0.3550 and $0.3600. Ripple price extended the recent decline against the US Dollar and Bitcoin. XRP/USD is now in a bearish zone and it could decline further towards the $0.3100 level.…

Ripple Price Analysis: XRP up 5.1 percent, Extra Liquidity From Binance

Latest Ripple News While Sep 2018 saw XRP prices expand 400 percent from lows of 25 cents and at one point printing 90 cents, its growth didn’t go unnoticed. At current prices, XRP is the second most valuable coin in the space overtaking ETH for the first time since the launch of the former back in 2015. Its infrastructure has continued to grow but the government involvement and investor apprehensiveness to invest in projects has seen its overall valuation shrink. On the other hand, the constant promotion of Ripple and…