Ripple Price Analysis: XRP Broke Key Support, More Losses Ahead
After struggling to clear the $0.4000 resistance, ripple price started a downside move against the US Dollar. The XRP/USD pair declined heavily and broke the $0.3800 and $0.3550 support levels. There was even a close below the $0.3600 level and the 100 hourly simple moving average. Finally, the price broke the $0.3440 support and traded […]
Ripple (XRP) Drops 3%
Earlier today, on October 2, Ripple Labs introduced three partnerships with major banks including the $80 billion banking giant Banco Santander. One Pay FX, a platform operated by Banco Santander, became the world’s first mobile application for cross-border payments powered by RippleNet. Subsequent to the announcement, the price of XRP declined by around 3 percent. […]
