Ripple’s (XRP) price has been on a steady decline since it reached a year-to-date high of $0.72 on March 11, with the token’s value falling by 7% over the past month. This recent downward trend has led to the formation of a descending triangle pattern. XRP is now attempting to
The bears have successfully managed to limit the XRP price rally below certain levels, resulting in diminished interest among traders in the token. As both trading volume and volatility have decreased, the XRP price has maintained a steep descending trend, with no apparent signs of a bullish breakout on the
Today, the global cryptocurrency markets saw a modest uptick, with Ripple’s XRP showing a 2.62% gain over the past 24 hours, rising from a recent low of $0.4678 to a high of $0.48. This follows a recent dip, prompting speculation among analysts of a potential bullish reversal. At the time
After sustaining an elevated level for more than 20 months, the XRP price has recently encountered significant bearish pressure, causing the bulls to struggle to defend crucial support levels despite a decrease in selling pressure. However, the market trend is expected to shift in the near future as the accumulation
The total number of Ripple (XRP) tokens held across various cryptocurrency exchanges has reached a major milestone, with the current supply amounting to 2.84 million XRP, which is equivalent to $1.34 million at current market prices. This figure represents the lowest amount of XRP tokens held on exchanges since the
Ripple Labs, a subsidiary of Ripple, witnesses a securities case filed against the company in California. The new lawsuit targets Ripple CEO, Brad Garlinghouse alleging him of ‘misleading statements’ in a 2017 interview regarding XRP’s designation as a security. The cryptocurrency firm recently celebrated a partial win against the SEC
Ripple (XRP) is one of the cryptocurrencies that continues to bear the losses incurred following the crypto market crash triggered by the collapse of the Terra ecosystem. While the majority of tokens, led by Bitcoin, have recovered from the turmoil and even reached new all-time highs, the XRP price has
In his recent commentary on X, analyst Pantoja shared his outlook on XRP’s price trajectory, asserting that the cryptocurrency’s true value lies within the $8 to $20 range, which he believes will become a reality by 2026. The analyst also expressed his unwavering confidence in XRP, stating that engaging with
Stuart Alderoty, chief legal officer of Ripple, has offered fresh commentary on the United States Securities and Exchange Commission’s (SEC) most recent filing after a contentious week in the case. An announcement of a settlement between the regulator and insolvent Terraform Labs kicked off the drama this week. The parties
The CEO of Ripple (XRP), Brad Garlinghouse, has announced a significant partnership with ten separate nations to create their CBDCs. The specifics of these collaborations are still under wraps, but they all have one goal: to use Ripple’s blockchain technology to make the world’s financial institutions safer and more efficient.
