By Wayne Jones XRP is trading at $1.37, down nearly 15% over the past week and 33% in the last 30 days, as bearish sentiment continues to weigh on the Ripple token. However, a widely followed analyst says the monthly chart is showing a long-term ascending channel with support at $0.85–$0.95, a zone he believes […]
Tag: RLUSD
By George Georgiev Ripple’s XRP is down 15% in the past seven days, 26% in the past fortnight, and over 40% in the past year. Clearly, it’s in a downtrend in what’s currently considered to be a bear market in the crypto industry.In the following, we will examine XRP’s price, some of its fundamentals, and […]
By Scott Matherson Following the launch of Ripple’s US dollar-pegged stablecoin, RLUSD, many in the crypto space believed that it could negatively impact the XRP price or replace the altcoin. However, new reports from a crypto analyst suggest that RLUSD and XRP actually work together to support each other. He also indicated that the stablecoin […]