Tag: ripple's xrp

XRP continues to exhibit weakness on the daily chart XRP/USDT is currently trading below the 200-day moving average and seems destined for a death cross Buyers of XRP are yet to step up to the plate and return it to bullish territory XRP's $0.50 support remains strong with a retest of this level likely The remittance coin of XRP has undergone a 74.5%...

Flare Networks has released the final details of the Spark Token (FLR) distribution 100 Billion Spark Tokens (FLR) will be minted when the network is launched 45 Billion of the Spark Tokens (FLR) will be distributed to individual XRP holders who participated in last year's snapshot Ripple, Jed McCaleb and non-participating exchanges are excluded from the distribution There is also a whale cap...

In the latest cryptocurrency market rally, Litecoin (LTC) joins...

Quick take: XRP Ledger's daily new account activations hit a 2 year high of 8,068 on November 24th November 24th was also when XRP hit a local peak value of $0.80 The increased account activation is due to the Flare Networks snapshot on the 12th The number of daily new account activation has since dropped to 1,326 This is an 83.5% drop since...

Quick take: Ripple CEO, has pointed out that institutional interest in crypto is skyrocketing He adds that Bitcoin is an extremely useful hedge against inflation Additionally, XRP's speed, cost and scalability make the remittance coin useful for payments Mr. Garlinghouse also reiterated that regulators need to recognize digital assets to provide a level playing field Ripple CEO, Brad Garlinghouse, has chimed in on...

Quick take: Crypto Analyst, MagicPoopCannon, has updated his May 2020 analysis of XRP XRP has broken above the massive falling wedge that began in September 2018 The upside target of the falling wedge is now $0.80 However, XRP could test $0.92 based on the 23.6% Fibonacci retracement of the last bear market Crypto analyst, MagicPoopCannon has updated his May 2020 analysis of XRP...

Quick take: XRP holders are once again accumulating the remittance coin The number of addresses holding between 10 and 1 million XRP has hit a new all- time high XRP is consolidating above $0.27 as investors prepare for the Flare Networks snapshot 2021 could be an interesting year for XRP in the crypto markets XRP investors are once again accumulating the digital asset. According...

Quick take: Crypto analyst Timothy Peterson, has forecasted that XRP could surprise everyone in 2021 XRP could be on a path to have a good year similar to 2017 Bitcoin could be outperformed by XRP in 2021 XRP is once again above the $0.25 price area and could be in consolidation Crypto analyst Timothy Peterson, has shared a recent analysis of XRP. In...

Summary: 10 exchanges have pledged their support for the Spark token airdrop to XRP holders Notable exchanges include Poloniex, Bitrue and Uphold Binance, Kraken, eToro, SBI's VC Trade are currently in discussions with Flare Networks to support the Spark token airdrop The list of crypto exchanges confirming their commitment to support the Spark token airdrop to XRP holders continues to grow. Back in...