The competitive landscape of artificial intelligence is becoming more intense, with Meta, formerly known as Facebook, launching its own AI chatbot – Meta AI....
XRP price has tested and broken out of the 23.6% FIB retracement level of $0.621. It may soon surpass the 23.6% FIB extension level of $0.611. Thus, as of now, the bulls are strong. Hence, we can expect the price uptrend to continue tomorrow as well.
XRP has been among one of the worst-performing cryptocurrencies since the fall of April – May 2021. What started as a profit booking in the broader crypto market turned into a spiral of SEC lawsuits and a host of bad news for Ripple’s cryptocurrency. While there have been numerous news related to expanding Ripple’s blockchain …
Ripple’s blockchain cryptocurrency XRP has been subjected to multiple SEC hearings and impending lawsuits, which are essentially driving the value of XRP down. Technically the currency has breached multiple supports and trendlines, and it headed into a free-fall scenario. But the good news for XRP’s business is its partnership with Amazon, which intends to use …
XRP price is trading below the 23.6% FIB retracement level of $0.89. It may soon fall below the FIB retracement level of $0.86. Thereafter, we have to wait and watch if the price retests and breaks out of these levels. In that case, the price upswing is likely to continue tomorrow as well.
Ripple was developed as a method to assist the RTGS transactions, currency exchanges, and other forms of transactions that took a longer processing time. The ripple network transactions are authenticated using the XRP tokens, which are considered a cryptocurrency. Being in the market since 2012, it has a market capitalization of $48 billion. While the …