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
The majority of the allegations in a class action lawsuit involving XRP were dismissed, giving Ripple a major win in a recent legal development. The judge’s ruling in the Northern District of California Court reduced the matter to a minor state lawsuit over purportedly deceptive statements. The question of whether
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
A major milestone has been reached by the XRP Ledger, even though all eyes are on the ongoing lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC). With the recent achievement of over 10 million XRP tokens locked in its AMM pools, the network has reached a
As the Ripple vs SEC XRP case continues, rumors of a potential settlement between the two giants continue to circulate. The Ripple case has been sent to settlement negotiations by a U.S. district court. The move follows Judge Phyllis Hamilton’s decision to reject many class action lawsuits. While permitting the
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
XRP, is one of the prominent altcoins, despite being one of the top cryptocurrencies by market cap. It has experienced a prolonged period of underperformance due to ongoing legal battles with the U.S. Securities and Exchange Commission (SEC). This week also marked a bearish phase with a 7% decline. Currently,
