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Ripple Price Prediction: Can XRP Price Bounce Back?

beincrypto.com

The XRP (XRP) price is trading above a long-term horizontal support area and ascending support line. Whether it breaks down or bounces will likely determine the direction of the future trend.

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Bitcoin XRP
$ 0.6298

Timeline of Xrp


XRP Price Prediction as Price Rallies 20% From Recent Crash – Is The Selling Over? - Cryptonews

The XRP price has risen by 8% in the past day, with its current level of $0.394470 representing a 20% jump since it fell to around $0.33 in the wake of the FTX insolvency crisis. XRP is one of the best-performing major coins in the last 24 hours, although the outcome of the SEC-LBRY case casts doubt on Ripple's ability to come to a positive conclusion in its own case.


SEC Responsible For FTX Crisis? Ripple Counsel Claims This - Coingape

The cryptocurrency market witnessed a massive plunge over this week with the collapse of Sam Bankman-Fried's (SBF) FTX. However, the leaders engaged with the digital asset industry have alleged that the U.S. Securities and Exchange Commission (SEC) is responsible for this crisis.


Ripple Crashes as It Loses $0.41 in Support - Coin Idol

Ripple (XRP) is in a downtrend as sellers broke through $0.41 support. The altcoin fell to a low of $0.31. Due to the current decline, XRP has entered the oversold zone. It can be assumed that XRP will soon resume an uptrend if there are buyers in the oversold area.


XRP Price Prediction – XRP Drops 20%, Can it Fall to $0.10? - Cryptonews

The XRP price has fallen by 2% in the past day and by 20% in the past week, as the fallout from FTX's apparent insolvency continues to wreak havoc on the cryptocurrency market. The altcoin is also down by 27% in the past month, with the downturn of the past few days all-but erasing gains it had posted following positive news coming out of Ripple's case against the SEC.


Ripple Vs SEC: Ripple Gains More Supports Against SEC In XRP Lawsuit - Coingape

The US court is yet to decide the fate of long running Ripple Vs SEC lawsuit. However, the summary judgment of the crucial XRP lawsuit is witnessing a good number of individuals and firms asking to file Amicus Briefs.


FTX Vs SEC: Coinbase, Ripple, Circle CEOs Call For Clear Crypto Regulations - Coingape

The U.S. Securities and Exchange Commission (SEC) and Justice Department (DOJ) are investigating crypto exchange FTX. Coinbase CEO Brian Armstrong, Ripple CEO Brad Garlinghouse, and Circle CEO Jeremy Allaire call for a clear regulatory framework in response to Senator Elizabeth Warren's tweet on the need for aggressive enforcement in response to the crypto industry.


New Ripple Partnership to Bring Real Estate Transactions to $XRP Ledger - CryptoGlobe

Leading fintech firm Ripple is set to bring real estate transactions to the native network of the $XRP token, the XRP Ledger, through a new partnership with blockchain-powered real estate marketplace ProprHome.


Ripple partners with ProprHome to revolutionize real estate market – Will it drive XRP price to $10? - CryptoNewsFlash

Ripple, in collaboration with ProprHome, plans to create a revolutionary path in Portugal's real estate market.  ProprHome creates “Customer Education-ProprHome” in a bid to familiarize users with the platform.


XRP Price Prediction – XRP Crashes 12%, Have Prices Bottomed Yet? - Cryptonews

The XRP price has crashed by 18% in the past 24 hours, as news surrounding FTX's possible collapse drags down the wider cryptocurrency market. At $0.360066, the altcoin has fallen by 22% in a week and 32% in a month, having also been hurt LBRY's loss in its case against the SEC.


$XRP-Focused Investment Product Inflows Surge as Investors See SEC's Case Against Ripple ‘Increasingly Fragile' - CryptoGlobe

Cryptocurrency investment products offering investors exposure to $XRP have recently seen significant inflows, at a time in which the U.S. Securities and Exchange Commission's (SEC) case against Ripple and two of its executives is being seen as “increasingly fragile” by investors.

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