XRP, the native token of the Ripple ecosystem, continues to hold gains despite the market downturn. The token saw an inter-week surge of up to 14.2% from $0.345 to $0.394. While it has dropped from that high, it still holds up to 2.08%. However, it trades dangerously close to its floor price for this week…
XRP’s price slowed down after showing so much strength as it rallied to a high of $0.55. XRP could suffer retracement as the price site on a crucial support area, holding the price off from sellers with hopes of a rebound. XRP’s price remains strong on the daily timeframes as the price trades above the…
The broader crypto market remains in a bad state regardless of the few positive movements of some tokens. Even popular tokens like Bitcoin and Ethereum do not give investors any hope. This is evident from their current prices of $19,005 and $1,282, respectively, according to data from CoinMarketCap. Multiple factors are backing up the present…
The crypto market has recorded many devastating events in recent times. Since the market crash in May, crypto asset prices have behaved differently every week. Sometimes price outlook is positive, but other times, it is worse. From September 15 to date, the volatility in the market has skyrocketed. Asset prices are more bearish than bullish.…
XRP price shows the market how to run the show as the price remains bullish with good volume and strength. XRP trades above support as the price aims to continue its trend movement as the price keeps holding above 8 and 20-day EMA. The price of XRP eyes a rally to $1 as key resistance…
XRP’s price struggles to hold above key support as the price needs to hold above $0.44 to maintain its bullish run. XRP continues to struggle as bearish divergence appears on the daily timeframe suggesting a change in trend could be imminent. The price of XRP continues to trade below the 200 Exponential Moving Average (EMA)…
The legal battle between Ripple and the Securities and Exchange Commission (SEC) has taken a new twist as top lawyers accuse former SEC Director William Hinman of being paid to attack XRP in favor of Ethereum (ETH). Following the release of Hinman’s emails and drafts of his June 2018 speech, pro-XRP attorney John Deaton expressed…
In the evolving cryptocurrency market, XRP, currently ranked as the fifth largest digital asset, has recently exhibited a modest price increase compared to its major counterparts. However, when examining XRP’s performance across various time frames, the token has reported significant gains. Nonetheless, it is worth noting that XRP is currently trading well below its yearly…
The XRP Ledger (XRPL), a decentralized public blockchain developed by David Schwartz, CTO of Ripple Labs, has continued to evolve and show growth in the third quarter (Q3) of 2023, as highlighted in a recent report by Messari. The XRPL, facilitating cross-currency and cross-border payments for over a decade, has witnessed significant milestones, including a…
In a recent interview with CNBC, Brad Garlinghouse addressed the ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) over the classification of XRP. Garlinghouse highlighted three consecutive wins for Ripple in the legal proceedings, emphasizing that the first judgment on July 13 clearly stated that XRP is not a security.…