XRP

It is no longer surprising that  the XRP price movement has stagnated around $0.5 in the past few months despite various positive developments for Ripple. This lackluster price action has left many XRP investors feeling wanting, especially considering the positive price action of other cryptocurrencies.  Sean McBride, a former director at Ripple, believes XRP is unlikely to register a significant breakout until Ripple’s ongoing lawsuit with the SEC concludes. Ongoing SEC Lawsuit Weighs Heavily On XRP Ripple’s legal battle with…

The recent settlement deal between the US SEC and Terraform Labs has sent shockwaves to the Ripple community ahead of the case verdict. Ripple has continued with its XRPL development plan outside the United States to ensure mass adoption of XRP ahead. The legal battle between the United States Securities and Exchange Commission (SEC) and Ripple Labs, a top-tier blockchain payment company, over the sales of XRP to fund its operations has continued to attract different opinions. The crypto regulatory…

 Fred Rispoli, Senior partner at Hold Law has predicted a verdict will be reached in the Ripple-SEC case by late July or early August. The decision by Judge Torres could bring clarity to XRP’s regulatory status and the broader US crypto market. The XRP community is on the frontiers as the long-awaited ruling in the Ripple vs. U.S. Securities and Exchange Commission (SEC) nears. Fred Rispoli, Senior partner at Hold Law recently shared valuable insights into the case’s potential outcomes…

The post Bulls Vs Bears: XRP Price Targets $5 and $12 levels, Pending Clearance of These Challenges appeared first on Coinpedia Fintech News Analyst Cheeky Crypto turned his attention towards Ripple’s XRP and despite current price challenges, he said that the future prospects for XRP look very promising. He thinks resolving the SEC lawsuit could be a big factor in pushing XRP higher in the future. Here is a detailed breakdown of the price analysis by the analyst:  Price Breakdown:…

XRP price failed to recover above the $0.50 resistance zone. The price is again moving lower and there is risk of more downsides below $0.4840. XRP is still showing bearish signs and struggled near $0.50. The price is now trading below $0.4920 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with resistance at $0.4950 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could recover, but the bears might be…

XRP has recently experienced a temporary recovery amidst ongoing market volatility. After a period of sustained downward pressure, XRP’s price has rebounded, offering a brief respite for traders and investors. This recovery comes amid a broader context of fluctuating market conditions, driven by various factors including regulatory developments, market sentiment, and overall cryptocurrency market trends. Despite this positive movement, the market remains highly unpredictable, and it is uncertain whether XRP’s recovery will be sustained in the long term. Investors are…

Via X, Sean McBride, a former director at Ripple, offered an analysis of the perplexing downtrend of the XRP price despite a series of ostensibly positive developments surrounding Ripple and the XRP Ledger (XRPL). McBride’s insights come at a time when XRP’s underperformance in a bullish market continues to baffle investors and industry observers alike. Why Is XRP Price Down Despite A Slew Of Positive News? Despite recent bullish periods in the broader crypto market, XRP has notably failed to…

XRP price extended losses and traded below the $0.50 zone. The price tested the $0.4700 zone and is currently attempting a short-term recovery wave. XRP is slowly moving higher from the $0.470 support. The price is now trading below $0.4850 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $0.480 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could recover, but the bears might…

The XRP network has experienced a significant surge in whale activity with whales withdrawing their assets to unknown wallets which sets the stage for XRP to potentially surge Analyst Chad Steingraber’s prediction Chad’s strong prediction of XRP hitting $250 by 2025 is based on several factors mainly the approval of the XRP ETF and the ending of XRP’s legal battle with the SEC. Recent on-chain data has revealed significant activity by XRP whales. Over the past 24 hours, large-scale transactions…