Ripple Finally Suffers Major Price Drop as Crypto Market Wipes Out $12B

Twitter Facebook LinkedIn The intense downtrend of the crypto market is finally having a toll on the best performing digital asset of the month. Ripple (XRP), now the second most valuable cryptocurrency in the market, is no longer up in value on a monthly basis. Throughout the past 30 days, XRP has maintained the $0.5 level relatively well with minimized losses even during a period in which the price of BTC and other major cryptocurrencies fell by around 10 to 20 percent. What Caused XRP to Drop? As a liquidity…

Ripple Price Analysis: XRP/USD’s Support Turned Resistance

Key Highlights Ripple price declined recently below the $0.4520 support and tested $0.4000 against the US dollar. There is a major bearish trend line formed with resistance at $0.4600 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could correct higher, but the previous support at $0.4520 may act as a resistance. Ripple price failed to hold gains against the US Dollar and Bitcoin. XRP/USD declined towards $0.4000 and it is currently correcting higher. Ripple Price Analysis Yesterday, we saw how ripple price was resilient…

Ripple Price Analysis: XRP/USD Outperforms Bitcoin And Ethereum

Key Highlights Ripple price is holding the $0.4600 support area with no bearish pressure against the US dollar. There is a short term bearish trend line formed with resistance at $0.4850 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could retest the $0.4600 or $0.4520 support level before a fresh upward move. Ripple price is trading with a positive bias against the US Dollar and Bitcoin. XRP/USD did not decline more than 1% whereas BTC/USD and Ethereum fell more than 10%. Ripple Price Analysis…

Bitcoin, Ripple, Ethereum, Stellar, EOS, Litecoin, Cardano, Monero, TRON, IOTA: Price Analysis, Nov. 19

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. After a period of three days, the crypto markets have resumed their downtrend. Total market capitalization of the crypto universe has dipped below $170 billion, which is a new yearly low. Following the increase in volatility and the renewed downtrend, some analysts have projected…

Ripple Overtakes Ethereum as ETH Plunges 10%, Trend of Market

Twitter Facebook LinkedIn Over the last 24 hours, Ripple (XRP) has fallen by 9.5 percent against the US dollar. Still, it overtook Ethereum (ETH) to become the second most valuable cryptocurrency in the global market. On November 17, XRP recorded an increase in value of around 8 percent during a period in which most major cryptocurrencies including both Bitcoin (BTC) and Ethereum struggled to maintain momentum. The short-term rally of XRP on Saturday allowed it to take a lead over Ethereum, comfortably surpassing ETH with a market cap of $19.1…

Ripple Price Analysis: XRP/USD Could Gain Momentum Above $0.50

Key Highlights Ripple price is holding gains above the $0.4700 support level against the US dollar. There is a key bullish trend line formed with support at $0.4800 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to accelerate gains once there is a break above the $0.5000 and $0.5180 levels. Ripple price is trading in a bullish zone against the US Dollar and Bitcoin. XRP/USD remains well supported on the downside near the $0.4800 level. Ripple Price Analysis Recently, there was a…

Ripple Surges 8% as Crypto Market Adds $4 Billion Overnight

Twitter Facebook LinkedIn Over the last 24 hours, Ripple (XRP) has surged by more than 8 percent to $0.51, as the valuation of the crypto market increased by $4 billion from $181 billion to $185 billion. On November 15, the valuation of the crypto market fell by $27 billion from $210 billion and a recovery to the $200 billion mark could require weeks to months of stability. As one cryptocurrency technical analyst explained, “BTC bulls trading in defense after recent drop below key support, now need a powerful comeback to…

XEM, Ripple, Stellar, Bitcoin, IOTA

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. This week, the focus was on the Bitcoin Cash (BCH) hard fork and the ugly bickering between the warring factions. This led to a dent in the sentiment, and many believe this to be the reason for the sudden drop in crypto prices…

CNBC Host Recommend Buying Ripple

Latest Ripple News Like in any war, victims are usually the vulnerable. In the crypto space, the hash war between different factions within Bitcoin cash network saw ordinary investors’ record massive losses in several hours of madness. Surprisingly, in the midst of double digit losses in Bitcoin and most altcoins, XRP registered minor losses, rapidly recovering and closing three percent lower in the last week. All out war! Hash rate now same and SV almost same number of blocks. Both sides burning cash.. this could be a seriously expensive battle…

Ripple Continues to Rebound, While Most Major Cryptocurrencies See Mild Wave of Red

Saturday, Nov. 17: crypto markets have seen another mild decline, with losses across the top 20 coins by market cap reaching 4 percent over the past 24 hours. In contrast, Ripple (XRP), which is still holding strong as the second coin by market cap, continues to see sufficient gains as of press time, according to data from Coin360. Market visualization from Coin360 After seeing a small rebound yesterday, the largest cryptocurrency Bitcoin (BTC) is very slightly down over the past 24 hours. As of press time, Bitcoin is down less…