Ripple Price Intraday Analysis: XRP/USD Rises 23 Percent

Ripple price on Tuesday appreciated 23 percent against the US Dollar owing to strong fundamental factors. The XRP/USD has risen from its intraday low near 0.26699-fiat to retest its September 5’s lower high near 0.32994-fiat. The pair yawned through the early Asian trading session, consolidating sideways within a stiff range. The upside momentum began building only when the European markets woke up. And, quite abnormally, XRP/USD jumped violently during the mid-session, forming one higher high after another. And as the US session comes into play, the pair has already established…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, September 17

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. Mt.Gox, the bankrupt Bitcoin exchange that collapsed in 2014, is soon expected to distribute $1 billion worth of cryptocurrencies to thousands of its creditors. As it has been a long wait, some might offload their bitcoins as soon as they receive them. Can…

Ripple Could Launch xRapid Solution ‘In the Next Month or So,’ Says Exec

Ripple could launch a commercial version of its payment platform xRapid “in the next month or so,” CNBC reported September 17. Head of regulatory relations for Asia-Pacific and the Middle East at Ripple Sagar Sarbhai told CNBC that Ripple has been making strides toward the launch of its product xRapid. The xRapid product is a real-time settlement platform designed to speed up international payments. Built for commercial use and backed by XRP tokens, xRapid addresses the issue of minimizing liquidity costs and making cross-border payment transactions faster. xRapid claims to…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, September 14

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. Mike Novogratz, founder and CEO of crypto investment firm Galaxy Digital Capital Management, called a bottom in cryptocurrencies on September 13, while conversely the Chief Commercial Officer of BitPay, Sonny Singh believes that Bitcoin will resurge in 2019 but that altcoins “will never come…

SBI to Roll Out Ripple DLT-Based Payments App on iOS, Android

Japanese financial giant SBI Holdings is soon to launch a payments application for iOS and Android devices powered by Ripple’s distributed ledger technology. Takashi Okita, chief executive of SBI Ripple Asia – a joint venture between SBI Holdings and the San Francisco-based Ripple – revealed the website of the application, named MoneyTap, on Wednesday. While an exact launch date remains unclear at this stage, the site indicates the application is planned to be available in autumn for both operating systems and used for customers of three domestic banks in Japan.…

Ripple Price Analysis: XRP/USD Could Extend Gains Toward $0.30

Key Highlights Ripple price is slowly moving higher and it recently broke the $0.2720 resistance against the US dollar. There was a break above a key bearish trend line with resistance at $0.2675 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is now placed nicely above the $0.2700 support and the 100 hourly simple moving average. Ripple price is moving with a bullish angle against the US Dollar and Bitcoin. XRP/USD could rise further towards the $0.2900 and $0.3000 resistances in the near term.…

Ripple Price Analysis: XRP/USD Upsides Could be Capped Near $0.2900

Key Highlights Ripple price started a short-term upward move towards the $0.2700 resistance area against the US dollar. Yesterday’s highlighted two bearish trend lines with resistance at $0.2600 and $0.2690 were breached on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is correcting higher, but it is likely to face a lot of hurdles near $0.2750, $0.2800 and $0.2900. Ripple price has recovered a few points against the US Dollar and Bitcoin. XRP/USD is likely to face a strong resistance near the $0.2900 level. Ripple…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, September 12

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. Financial regulators are watching companies involved in the cryptocurrency industry with increasing scrutiny. On September 11, the U.S. Securities and Exchange Commission (SEC) penalized a crypto hedge fund for the first time, while the Financial Industry Regulatory Authority (FINRA) charged broker Timothy Ayre…

R3, Ripple Settle Legal Dispute Over XRP Purchase Option

Blockchain startups Ripple and R3 have resolved a legal battle that saw both firms filing suits over a contract dispute. A representative from R3 confirmed the settlement to CoinDesk in an email, saying: “R3 HoldCo LLC, R3 LLC, Ripple Labs Inc. and XRP II, LLC announce that they have reached a settlement of all outstanding litigation between the parties. The terms of the agreement will remain confidential and both sides look forward to putting these disputes behind them.” The spat went public just over a year ago, when it was…

Ripple Price Analysis: XRP/USD Facing Key Resistance Near $0.2750

Key Highlights Ripple price extended losses and broke the $0.2500 support zone against the US dollar. There are two bearish trend lines in place with resistance at $0.2650 and $0.2750 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is under a lot of pressure and it remains sell on rallies near the $0.2750 level. Ripple price is clearly in a downtrend against the US Dollar and Bitcoin. XRP/USD could correct higher, but it is facing a major resistance near $0.2750. Ripple Price Resistance There…