The price of XRP is currently trading within an ascending parallel channel, indicating that a bullish move is imminent. On a smaller time frame, Ripple is forming a bullish pennant, which might lead to a 47 percent gain. Constant growth in daily active addresses implies that people are becoming more interested, which supports a positive…
DeFi tokens lead the market higher as Bitcoin price searches for momentum
Several DeFi tokens saw their prices breakout on Feb. 4 as Bitcoin (BTC) and Ether (ETH) prices traded sideways for the day. Aside from the general bullish trend permeating the DeFi sector, positive comments from big-name investors touting the benefits of blockchain technology and DeFi appear to be lifting sentiment throughout the sector. Currently, Bitcoin…
XRP price faces a rocky road to recovery ahead of SEC’s Ripple lawsuit
Just over a month ago on Nov. 24, XRP’s value surged to above the $0.90 mark on U.S. cryptocurrency exchange Coinbase, albeit momentarily, leading many backers to believe that the digital currency was all set to skyrocket once again, possibly even retesting its January 2018 all-time high of over $3. However, in the wake of…
SEC set to sue Ripple with XRP in the crosshairs
Ripple will be sued by the SEC for allegedly selling unlicensed securities in the form of XRP tokens, according to Fortune. In a move reminiscent of Coinbase’s recent front-running of a New York Times expose of its alleged treatment of employees of color, Ripple CEO Brad Garlinghouse has taken the unusual step of posting to…
XRP Could Soon Be the “Worst Performing Major Altcoin” as Airdrop Hype Fades
For the first time in years, XRP gained some massive momentum when it broke above $0.30 last month, with bulls sending…
XRP Tanks Following Hyped Airdrop That Catalyzed Parabolic Rally
XRP has given up a serious percentage of its recent gains, with the cryptocurrency’s parabolic rally fading and showing few signs…