It has almost been 5 months since XRParcade was created. Since then, we have tried to enrich it with more content and bring our (and the community’s) ideas to life.
One of our ideas was the creation of an application that would incentivize users to visit websites or perform specific tasks (like completing a survey, watching a video or reading an article) by earning small amounts of XRP. This way, websites can increase their visitor count and users can earn a few drops of XRP. This feature is similar to the “faucet” faction that already exists with various other cryptocurrencies (mainly Bitcoin). However, such faucets usually require the user to accumulate a minimum amount of Satoshis (fractions of a Bitcoin) before being able to withdraw to their own wallet. Moreover, the cost of transferring one’s earnings is usually too expensive. This is not the case with XRP.
It is with our great pleasure that we announce the beta release of our Tipperapplication. The Tipper application utilizes Wietse’s XRPtipbot, a very popular bot/app that is being widely used by the XRP community. The reason we chose to use the XRPtipbot is not only because it is already very popular but also because users can withdraw their XRP at very little cost and at great speed. Essentially, a user could earn 0.001 XRP by visiting one website and instantly withdraw it to his personal wallet.
Website owners can use the Tipper to attract traffic to their website or a specific page they wish to promote. They can set the amount of XRP they wish to tip, the frequency (tip every user only once or once every x amount of time) and the task (visit the website, complete a survey, view a video, etc). And this is just the beginning!
We will be testing the Tipper on one of our new sections on XRParcade, the demographics. We have prepared a few questions, addressed towards the XRP community, in order to learn more about the people that believe in XRP, their aspirations and targets. Visitors will be able to claim 0.001 XRP if they visit our demographics page. They will be able to claim it even without completing the survey, although we would appreciate it if they did.
We will be thoroughly testing the Tipper and continue to build on it, thus enabling one more usecase for XRP.
Ripple & MoneyGram: is the partnership bullish for XRP?
One of the big stories of the past 24 hours is Ripple’s announcement of a partnership with MoneyGram. However, as with anything Ripple-related, the community is split on how important this will be.
The rumor of Ripple partnering with international payments giant MoneyGram was first circulated back at the start of June. There did appear to be a slight increase in the XRP price in response, but perhaps not significant enough for there to be a definite correlation.
With the partnership now officially confirmed, XRP is up again for the 24h period, but only by 4 percent or so. This is generally in line with the rest of the crypto market, which has risen along with BTC’s breaking through new resistances above $9k. In general, XRP has underperformed as an asset in 2019, although some traders see bright things in its future.
Ripple (XRP/USD) forecast and analysis on June 18, 2019
Cryptocurrency Ripple (XRP/USD) is trading at 0.4286. Cryptocurrency quotes are trading above the moving average with a period of 55. This indicates a bullish trend on Ripple. At the moment, cryptocurrency quotes are moving near the upper border of the Bollinger Bands indicator.
Ripple (XRP/USD) forecast and analysis on June 18, 2019
As part of the Ripple course forecast, a test level of 0.4180 is expected. Where should we expect an attempt to continue the growth of XRP/USD and the further development of the upward trend. The purpose of this movement is the area near the level of 0.4560. The conservative Ripple buying area is located near the lower border of the Bollinger Bands indicator strip at 0.3860.
Cancellation of the option to continue the growth of the Ripple rate will be the breakdown of the lower border of the Bollinger Bands indicator. As well as the moving average with a period of 55 and closing quotes pair below the area of 0.3820. This will indicate a change in the current trend in favor of the bearish for XRP/USD. In case of a breakdown of the upper border of the Bollinger Bands indicator bars, one should expect an acceleration of the fall of the cryptocurrency.
Ripple (XRP/USD) forecast and analysis on June 18, 2019 implies a test level of 0.4180. Further, growth is expected to continue to the area above the level of 0.4560. The conservative area for buying Ripple is located area of 0.3860. The cancellation of the option of cryptocurrency growth will be a breakdown of the level of 0.3820. In this case, we should expect the continuation of the fall.
Ripple (XRP) Price Starts Fresh Rally: Bulls Aiming for $0.47 and $0.48
Ripple price started a fresh rally above the $0.4360 and $0.4460 resistance levels. XRP is forming a bullish pattern and it could continue to rise above $0.4500 and $0.4600.
- The price rallied sharply and traded to a new multi-day high above the $0.4620 level.
- XRP is trading inside a breakout pattern with resistance at $0.4510 on the 30-minute chart.
- Ripple price could climb higher sharply once it clears the $0.4510 and $0.4560 resistances.
Ripple Price Analysis (XRP to USD)
Recently, bitcoin price surged to a new 2019 high above the $9,300 level, lifting the market sentiment for Ethereum and ripple. XRP/USD broke a few important resistances near $0.4360 and $0.4420 to start a strong upward move.
Click to Enlarge Chart
Looking at the 30-minute chart of XRP/USD, the pair settled above the $0.4460 pivot level and the 25 simple moving average (30-minute chart). The bulls gained strength and were successful in pushing the price above the $0.4560 and $0.4600 levels.
A new weekly high was formed at $0.4641 and the price recently corrected lower. It broke the $0.4560 support plus the 23.6% Fib retracement level of the upward move from the $0.4260 low to $0.4641 high.
However, the decline was protected by the previous swing high at $0.4440. Moreover, the price remained well bid near $0.4460 and the 25 simple moving average (30-minute chart).
The 50% Fib retracement level of the upward move from the $0.4260 low to $0.4641 high also played its role very well. At the moment, XRP price is trading inside a breakout pattern with resistance at $0.4510 on the same chart.
If there is an upside break above the $0.4510 and $0.4550 levels, the price is likely to start another increase towards the $0.4600 level. The next key resistances are $0.4640 and $0.4650, above which the next stops for the bulls could be $0.4700 and $0.4720.
On the downside, an immediate support is near the $0.4440 level. If ripple price fails to stay above $0.4440, it could correct lower towards the main support at $0.4340 and a connecting bullish trend line on the same chart.