Ripple (XRP) Align Well with Islamic Principles, Rain to offer Support

Ripple prices drop but bullish Bahrain based Rain will offer six XRP trading pairs to their clients Transaction volumes low averaging 15 million Rain is the first crypto exchange to graduate from SRB’s sandbox and is Sharia compliant. With Ripple presence in Middle East pronounced, XRP prices may respond driving them above 34 cents and later 40 cents in a wave that will cement bulls of late Sep 2018 and those of Jan 30. Ripple Price Analysis Fundamentals At the back of any successful cryptocurrency project is liquidity and Ripple…

Crypto Market Testing Crucial Support: XLM, Bitcoin Cash, EOS, TRX Analysis

The total crypto market cap corrected lower recently and tested the $132.0B support area. Bitcoin cash price started a downside correction after testing the $165 resistance. EOS price is slowly moving lower towards the $3.70 support level. Stellar (XLM) price is up more than 4% and broke the $0.1120 and $0.1140 resistances. Tron (TRX) is currently flat near the $0.0230 support level. The crypto market is trading above key supports, with range moves in bitcoin (BTC) and Ethereum (ETH). Stellar (XLM) gained traction, while BCH, EOS, ripple and tron (TRX)…

Binance’s Trust Wallet Adds Support for XRP, Credit Card Payments

Cryptocurrency exchange Binance’s official wallet, Trust Wallet, now lets users buy cryptos with credit cards. The new payment option is being offered in partnership with Israel-based payments processor Simplex, according to an announcement from Binance on Tuesday. At the same time, the exchange said, Trust Wallet is adding support for XRP, the third largest cryptocurrency by market capitalization. Trust Wallet users can now, therefore, purchase XRP, bitcoin (BTC), bitcoin cash (BCH), litecoin (LTC) and ether (ETH) with “major” credit and debit cards. The announcement did not specify which cards are…

Ripple Price Analysis: XRP Buyers To Defend Key $0.3000 Support?

Ripple price failed to recover and extended losses below the $0.3100 support against the US dollar. The price settled below the $0.3100 support and the 100 hourly simple moving average. Yesterday’s major contracting triangle was breached with support at $0.3095 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could decline towards the $0.3000 support where buyers are likely to emerge. Ripple price is grinding lower towards key supports against the US Dollar and bitcoin. XRP/USD is likely to find a strong buying interest near…

Fidelity Digital Assets | Taking Its Time Evaluating Ethereum Support

Earlier in the year, Fidelity Investments launched its arm dedicated to cryptocurrencies. Called Fidelity Digital Assets (FDAS), the branch trades in and takes custody of digital assets. Now, according to FDAS President Tom Jessop, the platform will take its time adding support for Ethereum. Fidelity Digital Assets The platform currently has support for Bitcoin and is still evaluating what cryptocurrencies may be added in the future. Where Ethereum is concerned, the executive has expressed that the company is biding time: “We’d love to have support [for] ether but you know…

Bitcoin Price Analysis: Short-Term Support Breaks on High Volume and Spread

Leading into the London open, bitcoin broke through its local support level in a move that seems to be hinting toward a downward continuation: Figure 1: BTC-USD, Daily Candles, Broken Local Support So far, our daily candle has yet to close, but it is currently on schedule to close below local support. If we close below this current level, that will mark a new lower low for the first time in about a week and a half. Although that is bearish, the real strong support level lies just below and…

Bitcoin Seeking Gains After Retaking Key Price Support

View The immediate outlook on bitcoin will remain neutral while prices are trapped in the range of $3,658-$3,900. A repeated failure to beat the 5-week MA support at $3,703 could invite buying pressures and yield a rally above $4,000, as that average is reporting bullish conditions for the first time since August. A UTC close below $3,658 (Feb. 27 low) would revive the bearish view put forward by the high-volume sell-off on Feb. 24 and open the doors for a drop to levels below $3,400. Bitcoin (BTC) has returned above…

Time for Ripple (XRP) Bulls, Support Found at 30 Cents—Again!

Ripple (XRP) consolidates but bulls in control CoinBase support very bullish—price and regulatory wise Transaction levels dip as prices drop Until after Ripple (XRP) prices rally above 34 cents, we shall maintain a neutral but bullish outlook. Confidence is because of recent CoinBase addition, increasing adoption levels and a possible recovery of Bitcoin. Ripple Price Analysis Fundamentals Crypto is all about relevancy and of the many, XRP is a standout. The coin is the third most liquid, high supply digital asset of the XRP Ledger. While there is contention whether…

Coinbase Pro Adds Support for XRP

Coinbase Pro, the professional offering of United States-based crypto trading platform and wallet service Coinbase, is adding support for Ripple’s XRP token. Coinbase announced the development in an official blog post on Feb. 25. Per the announcement Coinbase Pro will now accept deposits of XRP for a minimum of 12 hours before enabling full trading. Coinbase notes that it will first establish sufficient liquidity on the platform, opening trading pairs in U.S. dollars, euro and Bitcoin (BTC) in phases. Full trading of XRP will be available to customers in the…

Ripple Price Analysis: XRP Revisits Key Support, Upsides Remain Capped

Ripple price failed once again to stay above the $0.3400 resistance and declined against the US dollar. There was a break below a triangle with support at 0.3350 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair broke the 0.3200 and 0.3140 support levels to enter a bearish zone. The price could correct higher in the short term, but upsides are likely to be capped. Ripple price declined heavily and settled below key supports against the US Dollar and bitcoin. XRP/USD is trading in a…