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📈 Price Predictions
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XRP Price Is Stuck On $0.28 Resistance. What Might Happen When It Breaks?

  • Vera Yurina
    📈 Price Predictions

    XRP is keeping around $0.28 resistance, but when it will break this level? Let’s check one XRP price prediction from TradingView

XRP Price Is Stuck On $0.28 Resistance. What Might Happen When It Breaks?
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

XRP has just escaped from the $0,25 zone, but seems to have encountered a new very strong resistance. What will happen next, and can XRP break the current level? Let’s check one XRP price prediction from TradingView – it will give you a clearer picture of XRP price. 

XRP should break resistance
Ripple (XRP) price chart by TradingView

XRP has breached the $0.26 resistance and was rejected at $0.28. It means that we should expect a pullback to the $0.265 to $0.27 levels. XRP will stay in this channel for a few days and only then retest $0.28. If it breaches $0.28, expect a run to $0.33. It may take up to three more tries before if breaches $0.28.

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Generally, Ripple just printed a strong bullish candle to break pass 0.269 (EMA50). This setup is quite bullish if the daily candle closes above EMA50 and can signal that XRP/USD is ready to move higher.

Most probably, XRP will retest the $0.28 level during this or the next week. Keep tabs on the market!

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About the author

Crypto writer, blockchain geek & Bitcoin holder with a strong belief in the power of cryptocurrency. Veronika combines in-depth analytical approach with creative writing to deliver the texts that both inform and entertain. With hundreds of reviews, SEO articles and marketing texts under the belt, she has experience of working for blockchain Medium channels, Cryptodiffer site and ICOs. Part of U.Today team since 2018, she focuses on crypto price predictions and monitors the market to provide the most relevant info & opinions.

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Bitcoin in Danger as New Research Shows Google Has Achieved Breakthrough in Quantum Computing

  • Alex Dovbnya
    📰 News

    Google's quantum computer is still too primitive to pose a threat for Bitcoin's cryptography, but things could escalate quickly

Bitcoin in Danger as New Research Shows Google Has Achieved Breakthrough in Quantum Computing
Cover image via www.123rf.com
Contents

According to a new research paper published in science journal Nature, Google's quantum computer is able to perform calculations in just three minutes. To put this into perspective, it would take the fastest supercomputer about 10,000 years to perform the same operation, which signifies a major tech milestone for the search behemoth. 

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Google achieves "quantum supremacy"

Back in September, the Financial Times reported that Google has managed to achieve "quantum supremacy," which means that its beast is able to perform calculations that would be impossible to pull off with any other computer. 

However, technology is still way too fragile for commercialization, which is unlikely to happen anytime soon. There is hardly any practical application for quantum computers, but they do have great potential for disrupting a lot of industries, such as finance and transportation.   

Considering that the Trump administration has funneled a whopping $1.2 bln into the development of quantum computing, it might stop being just a buzz word. 

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Will Google's quantum success affect Bitcoin

There is also one notable application for quantum computing -- hacking Bitcoin. The headlines about Google's super-powerful juggernaut has made many wonder whether Bitcoin, whose value derives from the immutability of its Blockchain, is in danger. 

However, ex-Bitcoin Core developer Peter Todd reassured the confused crypto crowd that Google was nowhere near breaking the top coin's cryptography. On top of that, it's not even clear whether quantum computers could potentially be scalable enough for commercial use. 

Bitcoin evangelist Andreas Antonopoulos also opined that Google's quantum breakthrough would have no impact on the orange coin. 

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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