{"id":374714,"date":"2019-03-14T17:00:28","date_gmt":"2019-03-14T17:00:28","guid":{"rendered":"https:\/\/wncen.com\/?p=374714"},"modified":"2024-06-11T21:14:43","modified_gmt":"2024-06-11T21:14:43","slug":"ripple-xrp-drops-but-quick-recovery-reveal-strong-demand","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple-xrp-drops-but-quick-recovery-reveal-strong-demand\/","title":{"rendered":"Ripple (XRP) Drops But Quick Recovery Reveal Strong Demand"},"content":{"rendered":"<ul>\n<li><em>Ripple prices temporarily drop but recover<\/em><\/li>\n<li><em>Streams of bullish fundamentals would help build momentum<\/em><\/li>\n<li><em>Activating triggers at 34 cents must be a wide-ranging bull bar with volumes above 61 million<\/em><\/li>\n<\/ul>\n<p><em>Momentum is building in lower time frames. Since technical indicators are favorable and the streams of bullish fundamental prop prices, odds are Ripple (XRP) will trend above 40 cents in weeks ahead.<\/em><\/p>\n<h2>Ripple Price Analysis<\/h2>\n<h3>Fundamentals<\/h3>\n<p>The crypto winter may be biting, but that is not stopping major marketing moving announcements. Top of the list is XRP listing at CoinBase sating investors who have been for a long time agitating for a deserving support. The exchange recently announced their shift, and in the last couple of months, CoinBase has been aggressive, listing assets though critics maintain that their aggressiveness will water down their novelty.<\/p>\n<p>Unexpectedly, CoinBase support had a cooling effect and partly casting out doubts on whether investors were dealing with securities. There is no word from regulators. But in the meantime, Binance is not wasting time, dilly-dallying and instead they are clear that they will remain ardent fans of the third most liquid coin until there is a circular classifying the asset as a security.<\/p>\n<p>To that end, Binance Trust Wallet now supports XRP, and after offering fiat\u2014crypto channel via Simplex, Trust Wallet will have the same capacity as the exchange since they have a partnership with Simplex. Add this to Ripple Inc commitment of promoting crypto in collaboration with heavyweights as IBM and Microsoft. It is increasingly becoming clear that XRP will be here as a solution in years to come.<\/p>\n<h3>Candlestick Arrangements<\/h3>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-374715\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ripple-Daily-Chart-Mar-14.png?resize=1280%2C1024\" alt=\"Ripple\" width=\"1280\" height=\"1024\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ripple-Daily-Chart-Mar-14.png?w=1280 1280w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ripple-Daily-Chart-Mar-14.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ripple-Daily-Chart-Mar-14.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ripple-Daily-Chart-Mar-14.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ripple-Daily-Chart-Mar-14.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ripple-Daily-Chart-Mar-14.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>At some point today, XRP prices dropped below 30 cents as bulls failed to confirm yesterday\u2019s bulls. However, there seems to be demand in lower time frames, and the result is a pin bar with a long lower wick. Since prices are still in range mode and bulls are yet to build on bulls of Jan 30, or Feb 8, our <a href=\"https:\/\/wncen.com\/2019\/03\/13\/ripple-xrp-see-saws-bulls-flowing-in-40-cents-possible\/\" target=\"_blank\" rel=\"noopener noreferrer \">XRP\/USD trade plans<\/a> are valid.<\/p>\n<p>The longer this accumulation is, the stronger the breakout. It is when prices slide and convincingly close below 30 cents that bears of Feb 24 will flow in and invalidate our bullish stand. If not, all indicators point to buyers and as XRP prices steady in a 4 cents range, break above 34 cents will trigger demand driving them to new 2019 highs.<\/p>\n<h2>Technical Indicators<\/h2>\n<p>Averages stand at 16 million\u2014as printed after yesterday\u2019s close. Triggers are at 34 cents and for buyers to be in charge as laid out in our XRP\/USD trade plan, accompanying volumes must not print above this average but should ideally exceed bears of Feb 24\u201461 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple prices temporarily drop but recover Streams of bullish fundamentals would help build momentum Activating triggers at 34 cents must be a wide-ranging bull bar with volumes above 61 million Momentum is building in lower time frames. Since technical indicators are favorable and the streams of bullish fundamental prop prices, odds are Ripple (XRP) will trend above 40 cents in weeks ahead. Ripple Price Analysis Fundamentals The crypto winter may be biting, but that is not stopping major marketing moving announcements. Top of the list is XRP listing at CoinBase sating investors who have been for a long time agitating for a deserving support. The exchange recently announced their shift, and in the last couple of months, CoinBase has been aggressive, listing assets though critics maintain that their aggressiveness will water down their novelty. Unexpectedly, CoinBase support had a cooling effect and partly casting out doubts on whether investors were dealing with securities. There is no word from regulators. But in the meantime, Binance is not wasting time, dilly-dallying and instead they are clear that they will remain ardent fans of the third most liquid coin until there is a circular classifying the asset as a security. To that end, Binance Trust Wallet now supports XRP, and after offering fiat\u2014crypto channel via Simplex, Trust Wallet will have the same capacity as the exchange since they have a partnership with Simplex. Add this to Ripple Inc commitment of promoting crypto in collaboration with heavyweights as IBM and Microsoft. It is increasingly becoming clear that XRP will be here as a solution in years to come. Candlestick Arrangements At some point today, XRP prices dropped below 30 cents as bulls failed to confirm yesterday\u2019s bulls. However, there seems to be demand in lower time frames, and the result is a pin bar with a long lower wick. Since prices are still in range mode and bulls are yet to build on bulls of Jan 30, or Feb 8, our XRP\/USD trade plans are valid. The longer this accumulation is, the stronger the breakout. It is when prices slide and convincingly close below 30 cents that bears of Feb 24 will flow in and invalidate our bullish stand. If not, all indicators point to buyers and as XRP prices steady in a 4 cents range, break above 34 cents will trigger demand driving them to new 2019 highs. Technical Indicators Averages stand at 16 million\u2014as printed after yesterday\u2019s close. Triggers are at 34 cents and for buyers to be in charge as laid out in our XRP\/USD trade plan, accompanying volumes must not print above this average but should ideally exceed bears of Feb 24\u201461 million.<\/p>\n","protected":false},"author":384,"featured_media":338325,"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":[3680,4531],"class_list":["post-374714","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ripple","tag-xrp"],"acf":[],"yoast_head":"\n<title>Ripple (XRP) Drops But Quick Recovery Reveal Strong Demand<\/title>\n<meta name=\"description\" content=\"Ripple prices temporarily drop but recover Streams of bullish fundamentals would help build momentum Activating triggers at 34 cents must be a\" \/>\n<meta name=\"robots\" content=\"index, follow, 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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) Drops But Quick Recovery Reveal Strong Demand","url":"http:\/\/wncen.com\/news\/ripple-xrp-drops-but-quick-recovery-reveal-strong-demand\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ripple-xrp-drops-but-quick-recovery-reveal-strong-demand\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2018\/06\/ripple.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2018\/06\/ripple.jpg?fit=1280%2C640"},"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":["ripple","xrp"],"dateCreated":"2019-03-14T17:00:28Z","datePublished":"2019-03-14T17:00:28Z","dateModified":"2024-06-11T21:14:43Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ripple (XRP) Drops But Quick Recovery Reveal Strong Demand\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple-xrp-drops-but-quick-recovery-reveal-strong-demand\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple-xrp-drops-but-quick-recovery-reveal-strong-demand\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2018\\\/06\\\/ripple.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2018\\\/06\\\/ripple.jpg?fit=1280%2C640\"},\"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\":[\"ripple\",\"xrp\"],\"dateCreated\":\"2019-03-14T17:00:28Z\",\"datePublished\":\"2019-03-14T17:00:28Z\",\"dateModified\":\"2024-06-11T21:14:43Z\"}<\/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\/06\/ripple.jpg?fit=1280%2C640","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/374714"}],"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=374714"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/374714\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/338325"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=374714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=374714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=374714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}