XRP's misstep happened at a time when investors across the market were cautious, pulling back from "risk on" assets like crypto. President Trump introduced tariffs on goods from Canada, Mexico, and China early in the week, and announced today that more could follow next week. Though most ...
The limited functionality of XRP in comparison to its trading supply is another reason to believe that most purchasers were buying for investment, seeking to make a profit. Finally, the significant on-going involvement and role of the company, especially given its huge continuing ownership interest...
TheXRP/USDpair needs to break out of the moving averages and $0.33108 to signal some buying. If the follow up buying pushes the price above $0.37835, we expect the pair to pick up momentum. On the other hand, if the digital currency fails to move up, the bears...
Still, the amount of selling is material, and in normal markets would at least seem to provide a brake against a rally. Yet XRP has bottomed and climbed sharply even into the wave. The buying strength of the crowd simply may be enough to overcome the selling from McCaleb’s account. The...
Blockchain enables value exchange Until now, selling, buying or exchanging these assets has required an intermediary like a bank, marketplace (physical or digital), credit card company, or third-party booking service like Airbnb. Blockchain technology, including Ripple’s solution, allows assets to...
For Ripple, perhaps it too has a part to play in all of this. When the technicals turn more bullish, I will turn too. But for now, I am avoiding Ripple and the smaller cryptos. If I’m buying consistently into the teeth of this bear market, I’m doing it with the names that...
The renewed buying pressure washed over the cryptocurrencies and turned the momentum of Bitcoin decidedly bullish. The break above this level brought new hope into the market about the … [Read More...] about Bitcoin Near $95,000 Channel Breakout To $119,500 Ahead? Notcoin Ignites 30% Rally...