Tag: XRP

XRP Price Steadies Above Support: Preparing for the Next Move?

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XRP price remained in a range below the $2.50 zone. The price is consolidating above $2.150 and might aim for a fresh increase above the $2.40 level. XRP price started another decline and traded below the $2.40 level. The price is now trading below $2.40 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2.38 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.40 resistance. XRP Price Consolidates…

Worksport adopts Bitcoin and XRP for corporate treasury

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Worksport, a U.S.-based provider of pickup truck solutions, is adding cyptocurency to its corporate treasury strategy. The Nasdaq-listed company announced on Dec. 5 that it would be adding Bitcoin (BTC) and XRP (XRP) to its treasury assets. This follows a resolution by the company’s board of directors, which approved an initial purchase of $5 million worth of BTC and XRP. Worksport is committing 10% of its excess operational cash to this corporate pivot, it said in the announcement. “Our upcoming adoption of Bitcoin (BTC) and XRP (Ripple) reflects our commitment…

XRP market cap turn down as the price shrink 12% in a day

XRP hit the market with hundreds of per cent of growth and made it enter the top 3 cryptocurrencies in the world after Bitcoin and Ethereum, but not today anymore. Ripple Labs’s popular token XRP (XRP) has seen a major decrease of 12% to $127 billion in market capitalization in just a day of trading. In contrast, this token became the most trending coin of November after surging 344% in a month, outperforming Bitcoin (BTC) by just 44% in the same period. 1 Hour XRP price chart, December 05, 2024…

XRP Price Revisits Key Level: Will The Bulls Return?

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

XRP, Bitcoin See Lack Of Euphoria: Why This Is Bullish

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Data shows social media users aren’t euphoric towards Bitcoin, XRP, and other top cryptocurrencies despite the market-wide surge, a sign that could be bullish for their prices. Positive Sentiment Vs. Negative Sentiment Ratio Remains Low For Top Coins According to data from the on-chain analytics firm Santiment, sentiment around digital assets has been low recently, even for the coins that have enjoyed historic runs. The indicator of relevance here is the “Positive Sentiment Vs. Negative Sentiment Ratio,” which, as its name suggests, tells us about how the positive and negative…

XRP Price Swings Wildly: Can It Resume Its Rally?

XRP price saw a couple of swing moves from the $2.85 resistance. The price is consolidating near $2.50 and might aim for more gains above the $2.65 level. XRP price is struggling to gain pace for a move above the $2.80 resistance zone. The price is now trading above $2.30 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2.25 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to accelerate if it clears the…

XRP Still Below Its All-Time High As Crypto Explodes 107%:

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Este artículo también está disponible en español. If you’re a crypto holder, a keen market observer, or just reading the headlines lately, you’ll know that a few cryptocurrencies are making waves. In addition to Bitcoin, which is currently teasing the $100k level, Ripple’s XRP is creating a price surge: the altcoin is enjoying a solid 107% gain in the last week, data from Coingecko shows. Related Reading To fully understand XRP’s surge, we must take a step back to its price during the November 5th elections and its value at…