Tag: Ripple Lawsuit And XRP Marker Updates

Ripple Price Prediction: Bears Contemplate A 9% Decline As XRP Drops Below $1

Ripple price dropped below the $1.0 psychological level on November 26, unravelling a possible bearish forecast. The descending parallel channel chart pattern suggests that Ripple could see a 9% drop. To invalidate the pessimistic outlook, XRP would need to overcome the 200-day SMA resistance. Ripple price fell below the $1.0 psychological level on November 26, […]

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Ripple Price Prediction: XRP Nurtures A 13% Drop To $0.900

Ripple price forms a descending triangle technical chart pattern ahead of a potential downturn to $0.90. Even as the Ripple vs. SEC drags on, CEO Garlinghouse is confident that the case will reach a conclusion in 2022. Ripple price continues to drag with no significant price movements in either direction. XRP has been trading between […]

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XRP Lawsuit: SEC Denial of Former Comments on Ether is Not Sitting Well with XRP Community

The latest update in the ongoing social media battle fought by the XRP community, regarding the XRP lawsuit, recently saw the community unite to criticize the SEC for an emailed reply from the commission that has been leaked on Twitter. According to the screenshot of the email, the SEC claims that they never made any […]

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XRP Price Analysis: With This New Bullish Pattern, XRP Price Could Grow More Than 30%

In this last week, the XRP/ USD price tanked almost 25%, as this coin experienced strong resistance from the $1.4-$1.35 zone, obstructing all the attempts of its price to initiate a significant rally. However, the XRP is sustaining above the 200-day EMA, which is the last line of EMA defense. Check out what the price […]

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XRP Price Analysis: Ripple May Drop 13% To $1.03

XRP price forms a descending triangle pattern, hinting at 13% correction towards $1.03. The sell signal from the MACD and the position of the 100 and 50 SMAs above the Ripple price show that recovery faces significant resistance upwards. Ripple (XRP) continues with its sideways price action following the November 10 drop that saw the […]

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The OG Wolf of Wall Street owns six figures worth XRP. Here’s how XRP could be the next big thing

Amid the ongoing XRP lawsuit, Ripple’s XRP token had initially suffered bearish waves, however, the tables might be turning soon with the real Wolf of Wall Street, Jordan Belfort taking to Twitter to confirm that he owns a rather hefty amount of the XRP and is looking forward to the upcoming hike. With the wall […]

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Ripple Price Prediction: XRP Must Hold Above The 50-Day SMA To Avoid Bigger Losses

Ripple price is locked in tight price range a symmetrical triangle chart pattern has emerged. XRP may make a big move to the downside as the price volatility decreases. Key support is at $1.0586, where the 50-day SMA emerges as a foothold for Ripple price. Ripple price hovers at $1.0859 with a neutral bias even […]

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Ripple CEO Calls Gensler and Clayton’s Meeting Before XRP Lawsuit “Bad Optics,” Here’s Why

The XRP lawsuit seems far from over as the latest happenings in the case indicate a possible extension into the new year as well. What started as SEC’s crackdown on unregistered securities has taken a different turn as the case has progressed and now it seems SEC is the real defendant in the case as […]

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XRP Lawsuit: SEC contends Ripple’s “boil-the-ocean” argument

The latest development in the XRP lawsuit saw the SEC respond to Ripple’s opposition letter to the plaintiff’s Letter Motion Compelling discovery of recordings of defendants’ internal meetings, where Garlinghouse, Larsen & other key employees spoke on topics relevant to disputes in the lawsuit. At this point, the case has turned into a tug of […]

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Amid the China Induced Correction, Former US Treasurer Shades all Crypto Except One

The broader digital currency ecosystem has been gunning for recovery since the news of China’s renewed clampdown on all crypto activities made the rounds for at least the second time this year. Following the FUD spread, Bitcoin (BTC) slumped to a weekly low of $39,787.61, Ethereum (ETH) dropped to a 30-low of $2,676.41, while XRP […]

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