XRP Price Analysis – February 19

  • The XRP price appreciated to the high of $0.34 but targets the $0.40 and $0.50 price levels.
  • If the crypto's price is sustained above the EMAs and more buyers come in at critical levels, the crypto will reach the $0.40 and $0.50 price levels.

Ripple, XRPUSDXRP Chart by Trading View

XRPUSD Medium-term Trend: Bullish

  • Resistance Levels: $0.56, $0.58, $ 0.60
  • Support Levels: $0.32, $0.30, $0.28

The XRPUSD pair is now in the bullish trend zone. In retrospect, the XRP price was in the bearish trend zone since January 10 2019. In other words, the crypto had been trading below the $0.33 price level. On February 18, the XRP price broke above the 12-day EMA and the 26-day EMA and reached a high of $0.32. The crypto's price is making a series of higher highs and higher lows.

Today, the crypto has also appreciated to the high of $0.34. On the upside, if the crypto's price is sustained above the EMAs and more buyers come in at critical levels, the crypto will reach the highs of $0.40 and $0.50 . Meanwhile, the stochastic indicator is in the overbought region but below the 60% range which indicates that the XRP price is in a  bullish momentum and a buy signal.

 XRPUSD Short-term Trend: Bullish

Ripple, XRPUSDXRP Chart by Trading View

On the 4-hour chart,  the XRP price is in an uptrend. The crypto's price series of higher highs and higher lows was disrupted at the $0.34 price level with a bearish candlestick. A bullish trend is ongoing when the trend line is unbroken. From the chart, if the price breaks the trend line and the following candlestick closed in the opposite of it, the current trend is said to be terminated.

The bullish trend is ongoing as at the time of writing. Meanwhile, the stochastic indicator is in the overbought region and above the 80% range which indicates that the XRP price is in a  strong bullish momentum and a buy signal.

 

The views and opinions expressed here do not reflect that of CryptoGlobe.com and do not constitute financial advice. Always do your own research.         

Opera Launches Blockchain, Cryptocurrency-Ready Browser for iOS

Opera Ltd., the company behind the Opera browser, has recently launched a new blockchain and cryptocurrency-ready browser for iOS, following the company’s addition of a built-in cryptocurrency wallet to its Android and PC browsers.

According to a press release shared with CryptoGlobe, the company’s Opera Touch browser for iOS features “crypto wallet integration and Web 3 support,” meaning users can interact with blockchain-based applications through it, as if they were using an extension like MetaMask. The company hinted at the move in March of this year.

The company touts it now offers browsers supporting blockchain-based applications and with a built-in cryptocurrency wallet in various operating systems, including Windows, Mac, Linux, Android, and iOS, allowing users to “seamlessly interact with the next generation of Web 3 applications.”

Currently, the browser only supports ERC-20 tokens, stablecoins, and non-fungible tokens, although the company has revealed earlier this year it’s looking to add support for TRON and multiple other blockchains within a  year.

Charles Hamel, Opera’s head of crypto, stated:

We believe that all modern browsers should integrate a crypto wallet. This will enable new business models to emerge on the web. Opera is the first browser to make using crypto on the Web seamless and easy. Following a strong demand from the crypto-community, we are now making this experience available on iOS.

In the press release the company added it believes the “web of today will be the interface to the decentralized web of tomorrow,” with cryptocurrencies being at its forefront. Along with the iOS release, the company announced it partnered with a decentralized-application (dApp) called Marble.Cards, which allows users to turn unique web pages into collectible cards on the blockchain, each being a non-fungible token.

The Opera touch browser itself has a user interface built to let users use large phone screens with ease, as it shifts the navigation towards the bottom of the screen and adds features that make it easy to share pages across devices.

Opera’s main Android browser is also its cryptocurrency-ready browser for the operating system, and it has made it easier for users to buy cryptocurrencies directly from their mobile phones.