Ripple Bulls and Bears Struggle for Price Possession Above $0.54. Can Bulls Sustain an Upturn?

Today, February 16, 2021, the market has dropped to $0.55 low because of the bulls’ inability to break the minor resistance. The price is consolidating above the $0.55 support and…

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Amazon Preparing to Launch a ‘Digital Currency’ Project in Mexico

Job postings describe a walled garden-type digital currency that could roll out in emerging economies.

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Ripple Is in a Brief Rally, Consolidates Above $0.45 Support

Today, XRP is in a downward move after the uptrend was repelled at the $0.50 resistance. However, after fluctuating above the $0.45 support, the price retested the $0.47 high and…

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Ripple Makes Positive Moves but Lacks Buyers at a Higher Price Level

Yesterday, Ripple bulls made positive moves into the previous highs after a disappointing price spike. The upward move has been stalled at the $0.50 resistance.

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Ripple Holds above Crucial $0.35 Support after Recent Price Spike

Yesterday, Ripple plunged to $0.359 support. The current support is holding as bulls resume a fresh uptrend. Today, XRP is trading at $0.40 at the time of writing.

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Ripple Struggles below $0.305 Resistance, Unable to Regain Bullish Momentum

Ripple rebounded today as the price reached a high of $0.329. The price spike made a pullback, seconds after reaching the recent high.

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Central Bank Digital Currencies Not a ‘Fad,’ MetLife Investment Says

The investment giant predicts CBDCs will continue gaining steam, although a “launch among Western countries seems unlikely to occur anytime soon.”

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Ripple Regains Upside Momentum, Can It Recover From Its Downtrend?

Over the past 48 hours, Ripple has begun the resumption of an upward move. Traders have commenced buying at current levels.

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Ripple Price Rebounds, Resumes Fresh Uptrend, Faces Initial Resistance at the $0.58 High

Following the breakdown and subsequent correction, Ripple (XRP) has been on a downward move. The price was making a series of lower highs and lower lows.

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Ripple Continues Downward Correction, May Resume Sideways Move

Ripple has fallen and found support above $0.52. On November 24, XRP declined because of the presence of a long candlestick wick which suggested a downward movement of the coin.

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