Category: XRP

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Crypto Exchange Bitrue Loses Over $4m Following Hack

TheMerkle Hacking Sex RobotsWhile the cryptocurrency prices are swinging in all directions these days, some things will never change in this industry. Exchanges are still being targeted by hackers and criminals, with some efforts being more successful than others. Bitrue, the trading platform, has lost several million in ADA and XRP this week.  Bitrue Gets Hacked yet Should Come Back Every single time a cryptocurrency exchange gets hacked, there is a genuine concern regarding the future of such a platform. In most cases, the exchanges will come back sooner or later, albeit they might force users to pay for the missing funds. Such

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XRP Price Analysis And Prediction For June 26th – XRP Remains Active

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, May 25th the XRP by Ripple goes a bit down, its volatility still being high. The instrument is mostly trading around 0.4723. On H4, we see the XRP break through the previous consolidation channel and test the resistance zone, turning it into support. This may signal future growth up to the resistance line of the midterm channel around 0.5680. However, it is worth noticing that a midterm divergence is forming on MACD, which in its turn might mean the beginning of a short-term drop to the support line around 0.4160. H1

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Ripple Price Prediction And Analysis For June 21st: XRP Started Correcting

TheMerkle XRP Price $1.5By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The XRP is correcting after a rising streak, trading around $0.4394 on June 18. Over the last week, the midterm trend did not change much; the price is still trading sideways and wide, between the support at $0.3575, and the resistance at 0.4790. The MACD, however, converged and formed a golden cross, while the price broke out the internal descending channel resistance. A new quick uptrend was born, with the target at the current resistance of $0.4790. On H1, the XRP hit the ascending channel resistance, thus sending the short term uptrend higher.

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Cryptocurrency Analysis and Prediction: Bitcoin, Tron, and Ripple

Both cryptocurrencies are trading on a sideways trend.  This shows that there is a lack of market momentum and confidence in the crypto.  Both are undergoing a bearish outlook with all indicators supporting the downward price rally. In most instances, previous supports have been dropped as the downtrend continues.  Besides, all the significant levels have been tested severally. On the hourly charts, the 21 day MA is above the 7 day MA during the last hour.  This, therefore, predicts a downward price movement in the coming few hours. BTC/USD The leading cryptocurrency is trading on a sideways trend during the

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3 Reasons why BitMesh’s Removal of XRP Won’t Matter Much

TheMerkle XRP Price $1.5There are dozens of cryptocurrency exchanges and trading platforms around the world. Some companies have a better reputation and reach than others, which is only normal in this nascent industry. BitMesh, while not the most popular exchange, will delist various trading pairs. One of them is XRP, which raises a fair few questions. The Surprising Removal of XRP from BitMesh In an email sent out to its customers, the BitMesh team explains how several altcoins, tokens, and assets will be removed from the platform over the next few days. While most of these offerings will not cause anyone to lose

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