XRP Price Prediction: XRP Price Hits $0.58 Support; Accumulate Again?

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.

Timeline of Xrp

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 …

Ripple CEO Brad Garlinghouse on Saturday commended efforts from both Democrat and Republican Politicians to pass comprehensive crypto regulation in the United States. Garlinghouse's comments were aimed at a recent bipartisan push to bring crypto regulation under the purview of the U.S. Commodity Futures Trading Commission (CFTC), as opposed to the Securities and Exchange Commission The post Just-In: Ripple CEO Garlinghouse Lauds Bipartisan Support For U.S. Crypto Bill appeared first on CoinGape.

In another possible delay the Securities and Exchange Commission's case against Ripple, the regulator has launched a fresh attempt to protect documents tied to the now infamous speech by former director Bill Hinman. The motion marks yet another attempt by the regulator to block the release of the memos, which could be key evidence for The post Ripple Vs SEC: Hinman Memos Meet New Hurdle Before Release appeared first on CoinGape.

CoinMarketCap (CMC) was at the center of a controversy today after the market data aggregator tweeted that Ripple's XRP wasn't a real cryptocurrency. The post CoinMarketCap describes Ripple's XRP as an “impostor” cryptocurrency appeared first on CryptoSlate.

The CEO of Ripple, Brad Garlinghouse, stated an unfavorable outcome in the SEC lawsuit would not affect the company's performance in any way.  CEO Talks SEC Lawsuit Garlinghouse sat down with Bloomberg and spoke at length about his company's legal battle with SEC that has been ongoing since December 2020.

The most disputed lawsuit of the U.S Securities and Exchange Commission (SEC) and Ripple appears to end sooner than the expected time. A judge for the United States District Court for the Southern District of New York, Analisa Torres, has taken the Summary judgment letter for review which was filed by Ripple & SEC on …

A popular crypto analyst is laying out the possible reasons why the U.S. Securities and Exchange Commission (SEC) went after Ripple with a lawsuit. In a new video, Coin Bureau host Guy tells his 2.03 million YouTube subscribers that many other crypto projects fit the profile of XRP but the SEC targeted the seventh-largest cryptocurrency The post XRP vs SEC: Here's Why the US Regulator Targeted Ripple, According to Coin Bureau Host appeared first on The Daily Hodl.