Is XRP’s price bottom in sight - Here’s what on-chain data says

Key Takeaways  What does the surge in XRP’s large holder base reveal about investor behavior? It highlights strong accumulation from long-term investors, showing growing confidence and convictionThe post Is XRP’s price bottom in sight - Here’s what on-chain data says appeared first on AMBCrypto.

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XRP Bullish Signal: Shark & Whale Population Sharply Growing

On-chain data shows the total number of sharks and whales on the XRP network has seen a sharp increase recently, a sign that could be bullish for the asset’s price. XRP Sharks & Whales Have Witnessed Their Count Go Up Recently According to data from the on-chain analytics firm Santiment, the shark and whale wallets have registered a notable jump over the past five weeks.

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XRP sees increased accumulation, supply on exchanges declines

On-chain data shows that XRP accumulation has increased as the number of tokens on exchanges continues to decline. According to data provided by Santiment, 20 new whales have accumulated between 1 million and 10 million XRP tokens over the past…

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Over 2 Million XRP Traded Every Minute, Path To Second Place After Bitcoin?

On-chain data on July 19 shows that as much as 2 million XRP, the native currency of the XRP Ledger, were changing hands every minute on top cryptocurrency exchanges, including KuCoin and Poloniex. In a screen grab shared on Twitter, on-chain data reveals that more XRP was being traded in bulk, driving trading volumes higher across the board.

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XRP Hype Spikes As Price Surges 12%, Is This A Top Signal?

Data shows the hype around XRP has spiked as the asset has registered a 12% gain during the past week, something that may lead to a top. XRP Social Dominance Has Surged To High Values Recently According to data from the on-chain analytics firm Santiment, crowd optimism around XRP has shot up recently.

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Crypto Whales Load Up On XRP and MATIC, Defying Market Uncertainty – On-Chain Data Reveals

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Jed McCaleb's Estimated XRP Holdings and Profits Total $1.2 Billion, Recent Data Says

Whale Alert has updated its analytics data on XRP and Jed McCaleb, sharing some new details about the largest XRP whale

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Ripple Effect: XRP Whales Buy Up A Sea of Small Fish Selling

Blockchain data transparency offers a figurative ocean of information at a click. New data shows that Ripple whales are buying up any XRP small fish sellers are offering up. In the past, XRP broke out from downtrends with an explosive move.

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Can XRP Reclaim the Throne in Japan? BitBank Analyzes the Latest Data

Yuya Hasegawa, a Market Analyst at an FSA licensed crypto exchange in Japan, analyzed whether XRP will ever reclaim its throne.

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Data Shows Most XRP Investors Are ‘Deeply In The Red’ – Why The Worst May Be Yet To Come

The world’s fourth-most valuable cryptocurrency, XRP, has been stuck in the doldrums for the past two years. While a majority of the other major cryptocurrencies have been able to recoup a majority of their losses, the Ripple-promoted token is still down more than 94 percent from its all-time high of $3.40. As a result of […]

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Ripple Co-Founder Chris Larsen Moves 75 Mln XRP to His Other Wallet

Former Ripple CEO Chris Larsen was spotted wiring a gargantuan sum of 75 mln XRP to a wallet that was created by himself, according to analytical data

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XRP Price Is 86 Percent Lower Compared to Its Cost Basis: Crypto Analyst

XRP holders are doing really, really bad, according to Messari data

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Ripple Wires 160.3 Mln XRP, 30 Mln Goes to Anonymous Address

Recent analytical data shows that Ripple wired a little over 160 mln XRP in the last thirteen hours, while its ODL partner Bitstamp wired half of that amount

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Analysts Are Fearing an Ethereum Correction: Here’s How Fall It Could Fall

Ethereum has been on an impressive rally over the past month. The leading altcoin is trading up more than 16% in the past month, as per data from crypto market site Coin360. com. Over that same time frame, Bitcoin dropped by 4%, while certain altcoins like XRP and BSV plunged by nearly 10%.

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Black Thursday Made Traders Turn to XRP to Exchange Currencies

Ripple has shared data showing that when Bitcoin collapsed on March 12 and fees for BTC and ETH transactions surged, traders turned to XRP as a low-cost alternative

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Messari: XRP Inflation Rate Five Times Higher Than Bitcoin’s

According to data research firm Messari, Ripple’s selloff causes inflation to hit 20% — five times that of Bitcoin, inflicting downward price pressure.

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Analysts: XRP to See Final Capitulation After Crashing Below Key Support Level

Although Bitcoin is pushing multi-month highs, XRP isn’t. The cryptocurrency is trading at $0. 205 — over 10% shy of its $0. 245 monthly high — while Bitcoin is trading a mere 3% below its $10,100 monthly high, data from TradingView.

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Why Traders Shift From Ethereum And Bitcoin Networks In Droves To XRP

According to recent research conducted by Ripple, traders swap bitcoin (BTC) and ethereum (ETH) for XRP for their exchange balance transfers. Xpring’s data scientist Shae Wang noted that the recent financial market instability has put cryptocurrencies networks to the test.

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Fears of a Crypto Crash Grow: On-Chain Data Signals Imminent Altcoin Weakness

Although all altcoins are not yet rallying in tandem, some top crypto assets have been outperforming as of late. Case in point: CoinMarketCap data as of the time of this article’s writing, XRP — the third-largest cryptocurrency by market capitalization — is up 10% in the past 24 hours, outpacing Bitcoin’s relatively mild 0.

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Circulating supply data signals XRP may be undervalued; analysts remain skeptical

It’s no secret that XRP has been one of the worst-performing cryptocurrencies throughout both 2019 and even 2020, incurring a significant 40 percent loss against USD last year while failing to catch the full momentum seen by its peers in the early part of 2020.

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Even after 94% crash, analyst warns XRP may not ever rally again: here’s why

Ever since the highs of the 2017-2018 bull market, XRP has not done too well. The third-largest cryptocurrency by market capitalization, per data from TradingView. com, has collapsed by more than 94 percent from its all-time high around $3.

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Ripple Participates in Sending 55.8 Mln XRP as XRP Price Heads for $0.28

As per recent data, Ripple and a major South-Korean exchange have moved almost fifty-six million XRP. Meanwhile the XRP price is likely heading for $0.28

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Report: XRP Is the Most Popular Cryptocurrency Among eToro Users

Trading behemoth eToro recently published its latest quarterly report for cryptocurrencies titled “The State of Digital Assets Q1 2020. ” Interestingly, data from the report suggests that XRP is the most popular cryptocurrency among the platform’s user base as more than half of them hold Ripple Inc.

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Data Shows XRP’s Community Is Dissolving Fast: What’s Behind the Trend?

XRP has long had an active and loud community, hence their moniker “the XRP Army. ” For some reason, the third-largest cryptocurrency by market capitalization managed to become a crowd-favorite project, with a seemingly endless flow of supporters.

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Tether (USDT) Surpasses XRP's Market Capitalization. What's Driving Its Growth?

Tether (USDT) has already flipped XRP, OnChainFX data shows

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Ripple indices surge, XRP/PHP registers ATH as economic crisis continues

Ripple's partnership with Azimo, a Europe-based digital money transfer service, opened the corridor for On-Demand Liquidity [ODL] to the Philippines. According to data provided by the Liquidity Index The post Ripple indices surge, XRP/PHP registers ATH as economic crisis continues appeared first on AMBCrypto.

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Analyst Who Predicted XRP’s 100% Rally Expects a Deeper Crash

Although Bitcoin remains up on the year, XRP hasn’t fared as well; the third-largest cryptocurrency, per data from CoinMarketCap, is down over 40% from its $0. 34 high seen in the middle of February, posting a small loss since the year started.

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CoinMarketCap Now Tracks Crypto Derivative Markets

CoinMarketCap, a leading source of cryptomarket data in the crypto space, is now offering its users derivative market data for over 35 cryptocurrencies, including Bitcoin, Ethereum, XRP, EOS, Litecoin, Bitcoin...The post CoinMarketCap Now Tracks Crypto Derivative Markets appeared first on Crypto Briefing.

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XRP Price Continually Fails at $0.24: Here’s Why This Level is So Important

Ever since tapping multi-week lows on the weekend, the crypto market has embarked on a recovery. XRP, having traded as low as $0. 22 last week is now at $0. 241, rallying alongside Bitcoin, which has retaken $9,000 as of the time of this article’s writing, per data from CoinMarketCap.

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XRP Community Discussing Ripple?s Typo about Having +450 Customers

The community engages in a discussion regarding the data about over 450 customers on the Ripple website, which was later changed back to 300

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‘Digital Gold’ Label Shifts as XRP Correlation to Gold Outpaces Bitcoin

Bitcoin is frequently referred to as digital gold but data shows XRP has a stronger correlation to gold in 2020

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What Pushed Bitcoin Up 65% in 2 Months? Top Fund Manager Explains

Since the middle of December, Bitcoin has been on an absolute tear higher, rallying from $6,400 to $10,550 earlier this week, per data from TradingView. This marks a surge of over 60%, meaning that the cryptocurrency outpaced a majority of other multi-billion-dollar assets save for Ethereum, XRP, and Tesla. This strong surge comes shortly after...

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Ripple Records Largest Daily Active Address Creation for the First Time Ever

In Ripple’s six years plus history, this is the first time, it is seeing the current level of single day daily active creation. Crypto data provider Santiment noted, #Ripple recently saw its largest single day in daily active addresses created in the token's 6+ year history, according to our Sandata platform. $XRP is up 16.3% since […]

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XRP Explodes 10% in a Single Day on BitMEX News: Are More Gains Coming?

As Bitcoin has flatlined in the past 24 hours, XRP has exploded. Per data from CoinMarketCap, the third-largest digital asset by market capitalization is up 10% in the past 24 hours, rallying from $0.

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Ethereum, XRP active addresses dropped by ~18%, ~67%, respectively, last week

Blockchain data analytics firm CoinMetrics recently published the 35th issue of their ‘State of the Network’ series or reports. In this issue, they spoke about the performance of cryptocurrencies The post Ethereum, XRP active addresses dropped by ~18%, ~67%, respectively, last week appeared first on AMBCrypto.

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Data shows Ripple sold less XRP in Q4 2019, so why does its price continue to decline?

Ripple reported a considerable decrease in XRP sales in Q4 2019, but the price of this cryptocurrency continues declining. Ripple decreases XRP sales In its latest quarterly report, Ripple revealed a substantial decrease in XRP sales.

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Analysts Expect Ripple’s XRP to Surge to $0.30: Here’s Why

The entire crypto market has been on a tear over the past week, gaining dozens of percent. But altcoins like XRP, especially, have done rather well. In fact, the third-largest cryptocurrency over the past week gained over 15%, per data from Coin360.

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Data Suggests Investors are Giving Up on XRP; Could This Fuel a Parabolic Rally?

XRP was one of 2019’s biggest losers, posting sizeable year-to-date losses in spite of the massive gains incurred by Bitcoin and some other major altcoins. This poor price action has largely stemmed from controversy surrounding the token’s close ties to FinTech company Ripple.

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XRP Community Trolled for Two Years by Fake ‘Treasure Map’

The XRP community has been taken for a ride, so to speak, by Reddit user Bearableguy. The user created a lengthy ‘treasure map’, complete with clues and puzzles. Followers hoped that the final data points would reveal insider information about Ripple.

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Could Binance, Bittrex be facilitating new XRP ODL corridors? Crypto Twitter speculates

Ripple's On-Demand Liquidity [ODL] platform has been noting a barrage of transactions, especially with the popular MXN corridor. According to the ODL data provider on Twitter, H_M_X, out of the total The post Could Binance, Bittrex be facilitating new XRP ODL corridors? Crypto Twitter speculates appeared first on AMBCrypto.

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XRP Fans Rejoice: Bank of America Names Ripple Innovative Technology Maker

A prominent XRP community member shares data in which the Bank of America names Ripple?s cross-border payment system an ?innovation example?

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Ripple's Philippines corridor indicates spike in ODL transactions

Ripple's On-Demand Liquidity [ODL] platform has been reporting heightened transactions on the Bitso platform while facilitating XRP/MXN trades. However, according to new data curated by Mourad Toumi, The post Ripple's Philippines corridor indicates spike in ODL transactions appeared first on AMBCrypto.

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Ripple (XRP) Price Uptrend Intact For This Reason

Ripple price is trading above a couple of important supports near $0. 2200 against the US dollar. The price is facing a major hurdle near the $0. 2280 and $0. 2350 resistance levels. Yesterday’s highlighted major ascending channel is intact with support near $0.

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Ripple (XRP) Price Defies Gravity, Looks To Trade Higher

Ripple price is trading nicely above the $0. 2200 and $0. 2180 support levels against the US dollar. The price is likely to accelerate gains if it breaks the $0. 2300 resistance area. There is a new connecting bullish trend line forming with support near $0.

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Ripple (XRP) Price Primed For Gains Until This Changes

Ripple price is showing a lot of positive signs above the $0. 2120 support against the US dollar. The price is likely to break the $0. 2240 and $0. 2270 resistance levels to continue higher. Yesterday’s key bearish trend line was breached with resistance near $0.

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Ripple (XRP) Price Bearish Bias Intact Despite 5% Rally

Ripple price is currently correcting from the new monthly low of $0. 2005 against the US dollar. The price might correct further higher, but the $0. 2270 resistance is a crucial hurdle for buyers.

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Ripple (XRP) Price Trend Overwhelmingly Negative, Bitcoin Dives To $7.5K

Ripple price is down 5% and it broke the key $0. 2420 support area against the US dollar. The price tagged the $0. 2350 support area and it is currently correcting higher. There is a new bearish trend line forming with resistance near $0.

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Ripple (XRP) Price Facing Significant Resistance, Time To Sell?

Ripple price is currently struggling to surpass the $0. 2560 and $0. 2600 levels against the US dollar. The price is likely to decline unless there is a clear break above the $0. 2600 resistance.

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Ripple (XRP) Price Trading Near Crucial Juncture, Can Bulls Make It?

Ripple price is currently correcting higher and is trading above $0. 2520 against the US dollar. The price seems to be approaching a major resistance area near the $0. 2600 level. This week’s crucial bearish trend line is intact with resistance near $0.

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