{"id":372742,"date":"2019-02-26T18:00:48","date_gmt":"2019-02-26T18:00:48","guid":{"rendered":"https:\/\/wncen.com\/?p=372742"},"modified":"2024-06-11T18:25:53","modified_gmt":"2024-06-11T18:25:53","slug":"ripple-xrp-path-to-the-moon-after-coinbase-announcement","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple-xrp-path-to-the-moon-after-coinbase-announcement\/","title":{"rendered":"Ripple (XRP) Path to the Moon after CoinBase Announcement"},"content":{"rendered":"<ul>\n<li><em>Ripple prices up 5.3 percent<\/em><\/li>\n<li><em>XRP now supported by CoinBase Pro<\/em><\/li>\n<li><em>Transaction volumes have doubled in the last three weeks<\/em><\/li>\n<\/ul>\n<p><em>Perhaps the only triggers needed for higher highs was CoinBase announcement. In days ahead, XRP will be available for trading at CoinBase Pro, and this could help drive volumes higher boosting prices as a result.<\/em><\/p>\n<h2>Ripple Price Analysis<\/h2>\n<h3>Fundamentals<\/h3>\n<p>XRP is outperforming other assets like TRX and BNB. The reason for their renewed interest is CoinBase\u2019s <a href=\"https:\/\/blog.coinbase.com\/xrp-will-soon-be-available-to-trade-on-coinbase-pro-b14478db7b33\" rel=\"nofollow\">announcement<\/a> that it will be offering support for XRP at CoinBase Pro. CoinBase Pro, previously known as GDAX, is where CoinBase customers can trade, buy, sell or transfer their digital assets while enjoying low fees. Moving on, XRP will be available for trading but until when liquidity is satisfactory.<\/p>\n<p>In the meantime, it is CoinBase decision that is a source of optimism as well as speculation. Questions linger and whether CoinBase customers will someday buy XRP like they do Bitcoin and Litecoin remain unanswered.<\/p>\n<p>However, it is CoinBase\u2019s stringent nature and their emphasis on compliance that is a source of assumptions that they have approved XRP as a utility. Will this force the SEC to clarify their stand now that CoinBase customers are predominantly from the US?<\/p>\n<p>If that is the case, then it is likely that SEC will make their position known and open the door for remittance companies as Ramessa Online to upgrade and even leverage xRapid as a way of achieving faster settlement times and low fees.<\/p>\n<h3>Candlestick Arrangements<\/h3>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-372739\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/02\/Ripple-Daily-Chart-Feb-26.png?resize=1366%2C768\" alt=\"Ripple\" width=\"1366\" height=\"768\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/02\/Ripple-Daily-Chart-Feb-26.png?w=1366 1366w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/02\/Ripple-Daily-Chart-Feb-26.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/02\/Ripple-Daily-Chart-Feb-26.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/02\/Ripple-Daily-Chart-Feb-26.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/02\/Ripple-Daily-Chart-Feb-26.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/02\/Ripple-Daily-Chart-Feb-26.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>In a sea of reds, XRP is the only asset printing greens in the last 24 hours. At the back of high transactional volumes and optimism, Ripple (XRP) bulls reversed losses of Feb 24.<\/p>\n<p>Because of this revival, the 30 cents level is cementing itself as a reliable support line and a possible mark that could propel prices to new highs.<\/p>\n<p>Regardless, Ripple (XRP) bulls will be free of sell pressure once prices edge past 34 cents in a bull breakout move at the back of above average volumes as laid out in our last <a href=\"https:\/\/wncen.com\/2019\/02\/21\/ripple-xrp-falter-liquidation-at-34-cents\/\" target=\"_blank\" rel=\"noopener \">XRP\/USD trade plans<\/a>. After that, modest targets will be at 40 cents, 60 cents and later Sep 2018 highs at 80 cents.<\/p>\n<h2>Technical Indicators<\/h2>\n<p>Market participation levels are high, and after Jan 30 double-bull bar pattern, average XRP trading volumes have doubled from around 17 million to 34 million of Feb 25. Because trade volumes were high on Feb 24\u201461 million, exceeding Feb 25\u201452 million and Feb 19\u201454 million, a convincing break out driving prices above 34 cents should be pumped by high volumes above 61 million and 83 million recorded on Jan 10.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple prices up 5.3 percent XRP now supported by CoinBase Pro Transaction volumes have doubled in the last three weeks Perhaps the only triggers needed for higher highs was CoinBase announcement. In days ahead, XRP will be available for trading at CoinBase Pro, and this could help drive volumes higher boosting prices as a result. Ripple Price Analysis Fundamentals XRP is outperforming other assets like TRX and BNB. The reason for their renewed interest is CoinBase\u2019s announcement that it will be offering support for XRP at CoinBase Pro. CoinBase Pro, previously known as GDAX, is where CoinBase customers can trade, buy, sell or transfer their digital assets while enjoying low fees. Moving on, XRP will be available for trading but until when liquidity is satisfactory. In the meantime, it is CoinBase decision that is a source of optimism as well as speculation. Questions linger and whether CoinBase customers will someday buy XRP like they do Bitcoin and Litecoin remain unanswered. However, it is CoinBase\u2019s stringent nature and their emphasis on compliance that is a source of assumptions that they have approved XRP as a utility. Will this force the SEC to clarify their stand now that CoinBase customers are predominantly from the US? If that is the case, then it is likely that SEC will make their position known and open the door for remittance companies as Ramessa Online to upgrade and even leverage xRapid as a way of achieving faster settlement times and low fees. Candlestick Arrangements In a sea of reds, XRP is the only asset printing greens in the last 24 hours. At the back of high transactional volumes and optimism, Ripple (XRP) bulls reversed losses of Feb 24. Because of this revival, the 30 cents level is cementing itself as a reliable support line and a possible mark that could propel prices to new highs. Regardless, Ripple (XRP) bulls will be free of sell pressure once prices edge past 34 cents in a bull breakout move at the back of above average volumes as laid out in our last XRP\/USD trade plans. After that, modest targets will be at 40 cents, 60 cents and later Sep 2018 highs at 80 cents. Technical Indicators Market participation levels are high, and after Jan 30 double-bull bar pattern, average XRP trading volumes have doubled from around 17 million to 34 million of Feb 25. Because trade volumes were high on Feb 24\u201461 million, exceeding Feb 25\u201452 million and Feb 19\u201454 million, a convincing break out driving prices above 34 cents should be pumped by high volumes above 61 million and 83 million recorded on Jan 10.<\/p>\n","protected":false},"author":384,"featured_media":347583,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[1393,3680,4531],"class_list":["post-372742","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-coinbase","tag-ripple","tag-xrp"],"acf":[],"yoast_head":"\n<title>Ripple (XRP) Path to the Moon after CoinBase Announcement<\/title>\n<meta name=\"description\" content=\"Ripple prices up 5.3 percent XRP now supported by CoinBase Pro Transaction volumes have doubled in the last three weeks Perhaps the only 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Ngetich","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/73f4ad24aaf1d2abe0885846b798381a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/73f4ad24aaf1d2abe0885846b798381a?s=96&d=mm&r=g","caption":"Dalmas Ngetich"},"description":"Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authority sites. Notably, he broke key news, including the Ripple and MoneyGram partnership, cementing his position as a thought leader in crypto. The news exploded. Over 100,000 people devoured this meticulously crafted report, from seasoned investors to curious newcomers. His analysis wasn't just dry facts and figures; it crackled with insight, dissecting the implications of the partnership and its potential impact on the future of finance. His deep understanding of the financial markets, technological advancements, and blockchain developments has made him a respected voice in the industry. Dalmas is also the founder of BTC-Pulse, a crypto news site, further demonstrating his commitment to the field. He firmly believes that DeFi and NFTs are here to stay and will continue to drive financial inclusion. Coming from Nairobi, Kenya, it is easy to see the source of his inspiration: Across Africa, millions lack access to traditional banks. Remote villages, limited documentation, and high minimum balances create insurmountable barriers. DeFi, not just Maker or Aave, for example, but think of Bitcoin and USDT, cuts out the middleman. Forget banks with their limitations. Even so, DeFi isn't a magic solution. The continent still struggles with reliable internet access, and educational campaigns highlighting the benefits of this wonderful solution are insufficient. Moreover, even for those interested, understanding DeFi can look like learning a new language. Dalmas is here to help make the tech easy to understand and digestible, even for beginners. The story of DeFi in Africa is still being written. Challenges abound, but the promise of a more inclusive financial future is a powerful motivator. With innovation and collaboration, Dalmas firmly believes that DeFi could become the key to unlocking Africa's full economic potential. This possibility and its immense value motivate Dalmas to continue breaking key DeFi innovations and more across the globe. His engineering background further enhances his ability to deliver well-thought-out pieces that blend technical insight with clear, impactful reporting. Beyond his professional achievements, Dalmas is deeply passionate about technology and politics. Policies drive adoption, and being at the forefront and keeping up with how they evolve is crucial for the sphere to mature. When Dalmas is not closely monitoring the latest crypto events, he can be found in nature, exploring the picturesque countryside, and traveling with his family and friends. His love for adventure and discovery perfectly complements his investigative and reporting skills. You can connect with Dalmas on X: @Dalmas_Ngetich, or contact him on Telegram @Dalmas_Ngetich.","sameAs":["https:\/\/www.linkedin.com\/in\/dalmas-ngetich-40a67a147\/","https:\/\/x.com\/Dalmas_Ngetich"],"url":"https:\/\/wncen.com\/author\/dalmasngetich\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Ripple (XRP) Path to the Moon after CoinBase Announcement","url":"http:\/\/wncen.com\/news\/ripple-xrp-path-to-the-moon-after-coinbase-announcement\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ripple-xrp-path-to-the-moon-after-coinbase-announcement\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2018\/08\/techanalysis-xrp4.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2018\/08\/techanalysis-xrp4.jpg?fit=1200%2C600"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Dalmas Ngetich"}],"creator":["Dalmas Ngetich"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["coinbase","ripple","xrp"],"dateCreated":"2019-02-26T18:00:48Z","datePublished":"2019-02-26T18:00:48Z","dateModified":"2024-06-11T18:25:53Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ripple (XRP) Path to the Moon after CoinBase Announcement\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple-xrp-path-to-the-moon-after-coinbase-announcement\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple-xrp-path-to-the-moon-after-coinbase-announcement\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/techanalysis-xrp4.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/techanalysis-xrp4.jpg?fit=1200%2C600\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Dalmas Ngetich\"}],\"creator\":[\"Dalmas Ngetich\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"coinbase\",\"ripple\",\"xrp\"],\"dateCreated\":\"2019-02-26T18:00:48Z\",\"datePublished\":\"2019-02-26T18:00:48Z\",\"dateModified\":\"2024-06-11T18:25:53Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2018\/08\/techanalysis-xrp4.jpg?fit=1200%2C600","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/372742"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/384"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=372742"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/372742\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/347583"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=372742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=372742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=372742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}