Tag: Ripple
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Ripple Technical Analysis for 07/06/2017 – Short-Term Head and Shoulders?
Ripple continues to consolidate for the nth day in a row as traders keep holding out for big market catalysts. Price seems to be forming…
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Ripple to Benefit From Banks Cutting Correspondent Relationships
There are quite a few interesting trends in the banking sector to take note of. One particular trend indicates how some banks are axing correspondent…
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Ripple Technical Analysis for 07/05/2017 – Smaller Triangle Pattern
Ripple has been consolidating more tightly recently, forming a smaller triangle pattern inside the larger one visible on the 4-hour chart. Price bounced off support…
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Krungsri Becomes the First Bank in Thailand to use Ripple’s Interledger Protocol
Many financial institutions around the world want to venture into blockchain technology. Some banks form their own consortia, whereas others will use existing service providers.…
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Ripple Technical Analysis for 07/04/2017 – Another Bounce to Triangle Top
Ripple is still trading inside its symmetrical triangle consolidation pattern visible on the 4-hour time frame. Price has bounced off support and could be due…
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XRP and Ripple can Only Succeed Together
It is evident a lot of people are still confused about Ripple and its XRP asset. Many people believe Ripple doesn’t need XRP to succeed.…
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Ripple Powers Instant Money Transfers From Japan to Thailand
Various banks around the world are currently experimenting with Ripple technology. Their goal is to make cross-border money transfers both quicker and cheaper for all…
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Ripple Technical Analysis for 06/30/2017 – Short-Term Channel Bounce
Ripple continues to trend lower and is moving inside a descending channel visible on its 1-hour time frame. Price is bouncing off the resistance, which…
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Ripple Technical Analysis for 06/29/2017 – Triangle Still Intact?
Ripple is still putting up a fight and recovering from its lows, creating a new symmetrical triangle formation on its 4-hour time frame. Price could…
