There would be a bullish breakout of the flag in case the Bulls gain enough momentum and the XRP price may increase to $0.33 level. Should the Bears defend the $0.31 price level, the coin may range down towards $0.30 level.
On Coil, a new blogging platform established by former Ripple CTO Stefan Thomas, content creators will get rewards in XRP.
The continuation of the bullish trend is highly envisaged; if the Bulls maintain or increase their pressure XRP price may break up $0.33 supply level and target $0.34. Sideways movement may continue at this level in case the bears defend the $0.33 level.
SABB notes that the instant cross-border payment service powered by the Ripple blockchain network will help to bring digital transformation and better customer experience.
Stock exchange operator Nasdaq has fulfilled its promise adding one more cryptocurrency index – this time for the world’s third-largest cryptocurrency, XRP.
Binance published their new Research Report in which they took on a different approach in understanding crypto assets. The research showed Bitcoin and Ethereum move in lockstep and the XRP price is the least correlated to other top cryptoassets.
Starting from April 25, SBI Holdings’ Yoshitaka Kitao is officially replacing Takashi Okita on Ripple’s board.
Should the Bears maintain or increase their pressure XRP price will remain bearish and it may have its target at the previous low of $0.27 level, in a case $0.29 and $0.28 does not hold.
Should the Bulls defend the demand level of $0.31, XRP price may be pushed up to break the supply level of $0.32 and target $0.33 level. Further increase in Bears’ pressure will further decrease the XRP price to $0.30.
According to the Twitter user @hlnoooo, Ripple’s Chief Technology Officer, David Schwartz, has been selling his XRP stack. This should be the biggest warning for the XRP community according to him.
David Schwartz, the Chief Technology Officer of Ripple, hinted that Ethereum’s Vitalik Buterin might have accomplished great things if he had joined the company before creating Ethereum.
Further increase in Bears’ pressure will return the coin back to its previous low at $0.31 price level. In case the demand level of $0.32 holds, the Bulls will push up the XRP price and target the supply level of $0.35.
The Bears need to double their momentum in order to break down the XRP’s demand level of $0.31 and reach the target at $0.30 price level. In case the Bulls defend the demand level of $0.31 sideways movement may continue for a while.
Coincheck, a Japanese cryptocurrency exchange has launched its Over-the-counter (OTC) trading desk wherein the platform is debuting XRP and ETH as the first altcoin listing.
XRP price may eventually find its low at $0.30 demand level should the Bears break down the $0.31 price level.