Ripple (XRP) Daily Close Above $0.20 Would Make Case for Larger Rally

Ripple started a downside correction from the $0.2050 resistance against the US Dollar. XRP price tested the $0.1900 support area and it is currently rising towards $0.2000. Ripple price is trading nicely above the $0.1880 and $0.1900 support levels against the US dollar. A successful daily close above the $0.2000 barrier could start a larger rally. There is a key bearish trend line forming with resistance near $0.2000 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise as long as it…

Ripple (XRP) Retreats From Key Resistance But Bulls Are Comfortable

Ripple is up close to 10% and it broke the $0.2000 resistance against the US Dollar. However, XRP price struggled to gain strength above $0.2025 and it is currently correcting gains. Ripple price is showing a lot of positive signs and it rallied above the $0.1880 resistance against the US dollar. There was a sharp rally above the $0.2000 barrier, but the bulls failed to remain in action above $0.2025. There is a key bullish trend line forming with support near $0.1940 on the hourly chart of the XRP/USD pair…

Ripple (XRP) Bulls Target Fresh Monthly High Above $0.20: Here’s Why

Ripple is following a nice uptrend and trading above the $0.1750 support against the US Dollar. XRP price is likely to rally significantly if it clears the $0.1870 resistance. Ripple price is slowly gaining bullish momentum above the $0.1800 level against the US dollar. The price is facing a strong barrier near the $0.1870 and $0.1880 levels. There is a major bullish trend line forming with support near $0.1770 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The bulls are likely to aim a test of…

Ripple Funds Blockchain’s Disruption of the Legal Industry

A new blockchain course offered by the Australian National University (ANU)’s law school commenced this year with support from Ripple’s University Blockchain Research Initiative (UBRI). Cointelegraph spoke to Lauren Weymouth, the senior manager of the UBRI’s University Partnerships Program, and Scott Chamberlain, the academic running the curriculum, to find out more about how blockchain can disrupt the legal industry and the partnership between the ANU and UBRI. Chamberlain will be working alongside the developer behind the Toast XRPL Wallet, Richard Holland, to develop and deliver the course. ANU law school…

Technicals Point Towards Ripple (XRP) Rally To $0.20 Despite Some Roadblocks

Ripple is trading in a positive zone above the $0.1750 region against the US Dollar. XRP price is likely to accelerate gains in the near term and it could test $0.1880 and $0.2000. Ripple price is slowly gaining bullish momentum above $0.1720 and $0.1750 against the US dollar. There was a sharp spike recently towards $0.1865 before the price corrected lower. There is a major bullish trend line forming with support near $0.1770 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to…

Ripple (XRP) Signaling Fresh Surge Similar to Bitcoin and Ethereum

Ripple is rising steadily from the $0.1680 support area against the US Dollar. XRP price is likely to rally 3%-4%, similar to the recent move in bitcoin and Ethereum. Ripple price is slowly gaining bullish momentum above the $0.1720 level against the US dollar. The bulls are likely aiming an upside break above the $0.1780 and $0.1800 resistance levels. There is a key bearish trend line forming with resistance near $0.1760 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could dip a few points,…

Ripple (XRP) Turned ‘Sell’ On Rallies: Key Resistance Levels To Watch

Ripple is down close to 5% and it broke the key $0.1680 support zone against the US Dollar. XRP price is currently correcting higher, but it is likely to face hurdles near $0.1700. Ripple price declined below the $0.1720 and $0.680 support levels against the US dollar. A low is formed near $0.1620 and the price is currently correcting higher. There is a key bearish trend line forming with resistance near $0.1685 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is likely to face…

Singapore Grants Crypto License Exemptions to Ripple, Coinbase and Binance

While Singapore recently adopted specific cryptocurrency legislation — the Payment Services Act (PSA) — in January 2020, it turns out that some crypto firms like Ripple, Coinbase and Binance have been exempt from the law since the beginning of the year. The Monetary Authority of Singapore (MAS), the country’s central bank and major financial regulatory authority, exempted a number of major payment services from holding a financial license under the PSA. According to a statement released on March 24, the listed companies are allowed to continue to provide specific payment…

Ripple (XRP) Rallies 10% and Poised To Test $0.20: Here’s Why

Ripple is up around 10% and it broke the key $0.1650 resistance zone against the US Dollar. XRP price remains in a nice uptrend and it could continue to rise towards $0.2000. Ripple price started a strong rise above the $0.1640 and $0.1650 resistance levels against the US dollar. The bulls were able to push the price above $0.1750 and a high was formed near $0.1808. There is a short term contracting triangle forming with resistance near $0.1780 on the hourly chart of the XRP/USD pair (data source from Kraken).…

Ripple Labs Donates $200k to Combat COVID-19 Pandemic

Ripple Labs announced a donation of $200,000 to two different non-profit organizations on March 25. These donations will aid in the fight to contain the spread of the coronavirus throughout the U.S. In a tweet published on Ripple’s official profile, the lab stated that $100,000 will go to the Tipping Point Emergency’s Response Fund and the Silicon Valley Community Foundation’s COVID Regional Response Fund, respectively. California’s non-profits favored by the Ripple Labs donation Tipping Point, which is a San Francisco-based non-profit organization, works to combat poverty in the California city thanks…