XRP Loses 34% in April, Here's What's Next (Ripple Price Analysis)

After Ripple ended April with a 34% red candlestick, it is now on the monthly Fibonacci Retracement at 0.786, and many expect the one-year downtrend to end. Technical Analysis By Grizzly The Daily Chart: On the daily timeframe, after the price could not break the descending line at the end of March, the bears pushed

Timeline of Xrp

Highlights 800 Million XRP tokens move back to the escrow wallet until the 1st of June.Marketers pin hawkish sight as XRP price shows signs of a trend reversal from bearish to bullish.    The cryptosphere's lawsuit stricken digital asset XRP has been making it to the talks in the industry. Following the 800 Million XRP tokens …

The Securities and Exchange Commission (SEC) has filed to have documents shielded that show its former finance director acknowledged that bitcoin and Ethereum are not securities. The post SEC Files to Protect Crucial Documents Related to Ripple Case appeared first on BeInCrypto.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. XRP witnessed a bear show after the Point of Control (POC, red) turned down all bullish revival hopes from the $0.77-level.

Judge Analisa Torres brought forward the SEC v Ripple calendar to expedite proceedings. The SEC has made several extensions to address one key issue that continues to weaken its case against Ripple.

The judge presiding over the U.S. Securities and Exchange Commission's (SEC) lawsuit against Ripple has made an unexpected schedule change. James K. Filan, a lawyer closely following the lawsuit, says that Judge Torres has altered the case's calendar, which previously was slated to head into 2023. “Judge Torres modifies [the] proposed calendar. Motions to exclude The post Here's When Ripple and XRP Lawsuit Could End After Surprise Schedule Change: Crypto Legal Expert appeared first on The Daily Hodl.

On April 25th, the Ripple(XRP) sellers escaped from a minor consolidation stretching from $0.87 to the 0.68 mark. The support breakdown released the trapped bearish momentum and pulled the XRP price to January's bottom support at $0.58.

Ripple price analysis is bearish today as we have seen a retest of previous support as a resistance and selling pressure slowly returning this morning. Therefore, XRP/USD is likely ready to drop further again and move below $0.60 support.

Over the past few days, along with Bitcoin and other major cryptocurrencies, XRP too had declined. However, today, Ripple's XRP is trading above its immediate resistance level of $0.60. Yet overall there aren't any favorable conditions for the XRP as the market capitalisation too has bottomed by 7% over the last 24hrs positioned at $29.13 …

XRP has been in a gloomy April, with the price presently down 23.5 percent. XRP has declined in nine out of ten sessions to test support at $0.60, after briefly reaching resistance at $0.80 in mid-April. While the larger crypto market has suffered this month, news about the Ripple v SEC case has dragged on …

The cryptoverse's biggest legal battle revolves around Ripple and the U.S SEC. Has been getting cumbersome, despite the tall stance of the defendants. We at Coinpedia had previously reported, that Judge Analisa Torres had taken the summary judgment for review. And had ordered to end the proposal to exclude the expert testimony, by the end …