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Tag Archives: XRP

Ripple Price Analysis: Bears Aim Fresh Drop To $0.485

Ripple price is facing resistance near the $0.535 level against the US dollar. The price is now trading below $0.525 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.540 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start another decline if it stays below $0.540 and $0.564. Ripple price is struggling below $0.540 against the US Dollar, like Bitcoin. XRP price must...

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Ripple (XRP) Attracts South Korea’s Young Investor Crowd: Report

Even as XRP encountered considerable upheaval due to escalating regulatory challenges, South Korean investors have remained unfazed. In fact, the asset has emerged as the most preferred one in their portfolios, especially those in their 20s. This is evident by new findings, which show XRP comprising 20.7% of their investments, surpassing the combined 17.5% allocation for Bitcoin and Ethereum. Overall, the proportion of XRP in the portfolios of individuals in their twenties...

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XRP, the Asset of Ripple, is Now the World’s 4th Largest Crypto

XRP – the cryptocurrency of Ripple – has shot up in price and is now the fourth largest digital asset, having beaten out BNB, the digital currency of Binance which is the world’s largest and most popular crypto exchange. Ripple Currency XRP is Surging! XRP has been involved in a huge legal battle with the Securities and Exchange Commission (SEC). Ripple had a suit filed against it back in 2020 by the financial agency, which swore up and down that the company was...

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Court Rules in Favor of Ripple, Delivers Massive Blow to SEC

As discussed in prior articles, the Securities and Exchange Commission (SEC) and Ripple (XRP) have been fighting it out in court over the last few years regarding XRP’s status as a potential security. Ripple Appears to Have Beaten the SEC The SEC has said in recent statements that the way XRP is structured and the way it was first sold to users makes it a security token. Ripple has long denied these statements, and it seems the judge overseeing the case agrees. In...

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John Deaton Says SEC Lawsuit Affected XRP Adoption

Despite Ripple scoring a win in the ongoing lawsuit with the US Securities and Exchange Commission (SEC), some members of the community believe the legal battle caused damages for the firm and its native token. According to lawyer and founder of CryptoLaw, John Deaton, who also represents thousands of XRP holders, the SEC lawsuit affected potential mass adoption of XRP in the last three years. Counting the Losses John Deaton took to X (formerly Twitter) on August 22 to detail...

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Ripple Price Analysis: Upsides Could Be Limited Above $0.58

Ripple price is facing resistance near the $0.580 level against the US dollar. The price is now trading below $0.565 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.580 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start another decline if it stays below $0.565 and $0.580. Ripple price is struggling below $0.580 against the US Dollar, unlike Bitcoin. XRP price must...

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Ripple Price Analysis: Key Barrier Sits at $0.68

Ripple price is facing resistance near the $0.680 level against the US dollar. The price is now trading near $0.625 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.635 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start another decline if it stays below $0.665 and $0.680. Ripple price is struggling below $0.665 against the US Dollar, unlike Bitcoin. XRP price must...

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XRP Listed on Gemini Following Ripple’s Partial Court Victory

Gemini confirmed it now accepts XRP deposits after days of speculation driven by a cryptic post on its verified X account. The post, a thinking face emoji, was made in response to a question by crypto journalist David Gokhstein, who wondered whether Gemini would relist XRP. In its announcement, Gemini clarified that it would initially only accept XRP deposits, but it is working on enabling XRP-related trading pairs in the coming days. The exchange also asked its users to...

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