XRP is up more than 10% after Ripple announced plans to…

Chatter around Ripple has increased this week amid important news development regarding the company. The SEC draws closer to a statement regarding the long-standing lawsuit against Ripple, as well as the company's latest announcements regarding its plans in Canada.

Timeline of Xrp

Multiple retests to the descending trendline indicate the Ripple (XRP) traders are actively selling at this resistance. Furthermore, the recent bullish reversal from the $0.3 support drives the altcoin to shared resistance of the downsloping trendline and the $0.375 mark.

Popular blockchain payments company Ripple Labs seems to be expanding its India operations. According to a recruitment ad posted on Linkedin, the company is looking for a Senior Project Manager, Central Banks, who will be based in India's IT hub Bengaluru.

Ripple price analysis shows bearish signs once again after yesterday's uptrend was cut short. XRP faced yet another rejection below the $0.35 mark, failing to consolidate after setting bottom at $0.30 support.

Strategic expansion with its first office in Canada to onboard engineering talent, plans to hire hundreds across the globe this year SAN FRANCISCO--(BUSINESS WIRE)--Ripple, the leader in enterprise blockchain and crypto solutions, today announced a ne...

Even though Ripple is trading on its crucial support, buyers do not seem to have much desire to catch the falling knife. Therefore, the question is whether the cryptocurrency will experience a new sell-off?

Last Sunday (June 19), Charles Hoskinson, who is Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano's research and development, talked about the FinTech firm's court battle with the U.S. Securities and Exchange Commission (SEC), which is arguing that $XRP is an unregistered security. As you may remember, on 22

XRP price in recent times is displaying extreme drain in its strength that may impact the upcoming rally. Much similar to the CEL pump, the previous day, the XRP price may also undergo a squeeze but probably a long squeeze. Therefore compels the XRP price to drain heavily in the upcoming days that may break …

The crucial lawsuit between US Securities and Exchange Commission (SEC) and Ripple is awaiting a decision over Hinman's Speech. However, Attorney John Deaton has hinted that resolution over it might come by the end of this week.

Ripple price analysis seems to be looking upwards again, as price consolidated above the earlier support point at $0.30 over the past 24 hours. The current trend carries potential to break an extended horizontal trend that has been in place since June 14, 2022, after a steep decline earlier in the month.

Ripple (XRP) has been trading above $0.30 support since June 13. Over the past week, XRP has fluctuated between $0.30 and $0.34, and the bulls have held off any further downward movement in the price. They were able to defend the $0.30 support while the coin made an upward movement.