Ripple is gaining bearish momentum below $0.45 against the US Dollar. XRP price is at risk of more losses if it breaks the $0.40 support. Ripple started a fresh decline from the $0.470 zone against the US dollar. The price is now trading below $0.450 and the 100 simple moving average (4 hours). There is…
Pro-XRP lawyer representing thousands of XRP holders as Amicus Curiae has slammed the US SEC’s position in the ongoing Ripple lawsuit. In a tweet, John Deaton claims the SEC undermined its once credible case by quoting an unrelated legal document. Deaton believes the document, dubbed ECF 640, supported his claim when the SEC stated that the…
Crypto influencer Ben Amstrong, alias Bitboy, has dropped a hint regarding the ongoing XRP lawsuit. The influencer asserted that Ripple and XRP could get a new ally in the ongoing SEC lawsuit. Following Bitboy’s assertion, the potential ally is the largest US-based crypto exchange, Coinbase, which recently filed a petition against the SEC. Bitboy’s revelation…
In a new development, a pro-XRP attorney has shared some startling information that could point toward victory for Ripple in its ongoing securities battle against the United States Securities and Exchange Commission (SEC). This ruling in another case that was similar to what Ripple is currently fighting with the SEC shows there could be a…
A new tweet by Coinbase Chief Legal Officer (CLO) Paul Grewal has sparked interest and speculations in the crypto community. The CLO expressed his appreciation to Ripple’s General Counsel, Stuart Alderoty, for their meeting, stating they needed to meet more often. In response, Stuart Alderoty thanked him for chatting with their legal team. After the…
Following a sharp increase in value, XRP overcame several major obstacles, improving its outlook. But when the price reached the significant resistance level of $0.5387 on April 19, it lost momentum and fell. XRP has seen a dramatic decline in value, giving up its prior gains. Many investors are now unsure when the momentum will…
Ripple is struggling to recover above the $0.48 resistance against the US Dollar. XRP price could extend losses if there is a close below the $0.44 support. Ripple started a fresh decline from the $0.500 zone against the US dollar. The price is now trading below $0.488 and the 100 simple moving average (4 hours).…
Since 2020, XRP has struggled to remain relevant and valuable to its investors. The US Securities and Exchange Commission’s attack on the project brought a drastic decline that no one expected. However, amid the ongoing case, XRP showed resilience, leading supporters to commend it as an asset to watch. Even though the price has seen…
Ripple is a cryptocurrency firm that has been on the radar of United States regulators for years and its native token XRP has suffered greatly for it. However, despite the legal battle with the US Securities and Exchange Commission (SEC), Ripple has not backed down and it looks like investors are increasingly bullish on the…
Recently, XRP has been facing significant rejection at its overhead resistance level, including a rejection that occurred just a week ago. On the daily chart, XRP has shown a slight upward movement of 3%. However, over the past week, this altcoin has not made much progress as its price has decreased by 0.4%. This indicates…