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Ripple Reported Strong XRP Whale Accumulation While Still In Court

Ripple reported strong XRP whale accumulation while still being in court with the SEC as the quarter indicates the market has plenty of confidence in Ripple’s defense so let’s find out more in our latest ripple news. Ripple released its Q1 2020 report which shows a solid performance during the first quarter of the year and includes XRP sales that were up to 100% compared to the previous quarter and the data showing accumulation from the whale holders despite the current US SEC lawsuit. The XRP advocates grew in confidence as the lawsuit went on and in part, this was…

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Ripple Turned Green While The Bulls Aim For $2: Price Analysis

Ripple turned green while the bulls are aiming for the $2 price range after the coin started a fresh rally above the $1.50 barrier against the US dollar so let’s read more in our latest ripple news today. XRP’s price will likely surge further if it clears the $1.75 and the $1.80 resistance. There was a break above the key bearish trend line with the resistance at $1.58 on the 4-hour chart of the XRP/USD pair. The pair could continue higher if it clears the $1.75 resistance. In the past few weeks, XRP traded in a positive bias above the…

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Ripple (XRP) Price Analysis – May 4,2021

A number of significant events have led to XRP rebounding higher at the end of April. However, it may be difficult for XRP to maintain this momentum due to the weakening of the crypto market. (Read More)

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Ripple’s Public Sentiment Increases, Whales Are Weighing In On XRP

Ripple’s public sentiment increases with the whales buying in on XRP heavily and also started accumulating at these prices so let’s read more in our latest Ripple news. Even since the US Securities and Exchange Commission filed a lawsuit against Ripple for the unregistered securities offering in 2020 with investors expressing their fears about XRP. The new wave of uncertainty struck the crypto market after a few sources close to the Biden administration said that the policymakers are planning to increase taxes for wealthy investors which spiked ripple’s public sentiment. The Crypto Fear and Greed Index which is a collective…

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XRP Forms Strong Support Base Above $1.6, Could Shoot Higher

XRP forms strong support base above $1.6 and started increasing against the US dollar with the price now being able to start a strong increase again above the $1.50 resistance zone as we can see more in our latest Ripple news. Ripple is showing positive signs above the $1.20 level against the US dollar and the price is now trading well above the $1.350 and the 100 simple moving average. There’s also a major contracting triangle that is forming near the $1.50 on the 4-hour chart of the pair that could start a fresh rally if it clears the $1.500…

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Key XRP Technical Indicator Disagrees With Parabolic Price Rally

XRP, the Ripple blockchain’s native token, is up more than 600 percent in 2021 even though it remains in a tense court battle with the US Securities and Exchange Commission over its legal status. The world’s fourth-largest cryptocurrency by market cap now, XRP has continued its climb, entering the second quarter. According to data provided by Messari, the token has surged around 194 percent in April alone. In comparison, its top rivals, Bitcoin and Ethereum, are up almost 6.5 percent and 12.5 percent, respectively. If XRP’s upside acceleration continues, it can replace Binance exchange’s BNB token to become the third-largest…

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Small Lawsuit Wins Pushes XRP Price Back to 2018 Highs; Pullback Ahead?

Key XRP Outlook XRP almost hits $1.5 for the first time since January 2018. The upside boost comes in the wake of small legal wins for Ripple Labs as it battles the US Securities and Exchange over a lawsuit. Technically, the Ripple token has climbed to overvalued levels, requiring a neutralizing price correction. XRP, the de-facto settlement token atop the Ripple blockchain, has become traders’ eye-candy all over again after a series of blunders. The cryptocurrency surged by up to 780 percent after bottoming out at $0.17 in December 2020, hitting almost $1.50 on the BitStamp exchange, its highest since…

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Why is XRP seeing a monster rally when Ripple is worth just $3B on the secondary market?

Ripple is reportedly trading at a $2 to $3 billion valuation but its XRP holdings are worth around $70 billion. The equity of Ripple, the company that builds the infrastructure around XRP — the digital asset used by networks like RippleNet to process cross-border payments — is reportedly trading at $2 to $3 billion in the secondary market. Yet, the XRP holdings of Ripple, are reportedly worth $70 billion, which is many times higher than the valuation of the firm's equity. Returns over last year...Cardano $ADA: +3,290%BinanceCoin $BNB: +3,058%Polkadot $DOT: +1,353%Ethereum $ETH: +1,171%Uniswap $UNI: +953%Chainlink $LINK: +875%Bitcoin $BTC: +728%XRP $XRP: +532%Litecoin $LTC:…

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Ripple Stopped The SEC From Disclosing Financial Records To The Public

Ripple stopped the SEC from disclosing the financial records of its executives Brad Garlinghouse and Chris Larsen to the public and scored another win against the SEC as the court ruled that the company is not required to expose its records so let’s read more in our Ripple news today. The SEC requested eight years of financial information from both Chris Larsen and Brad Garglinghouse. However, Ripple stopped the SEC after a court ruling. Ripple prevented the US SEC from publishing the financial records of its CEOs to the public while the agency requested eight years’ worth of information. The…

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Ripple’s Winning In Court Correlates With 113% Recent Rally

Ripple’s winning in court correlated with a 113% rally for XRP with the bulls being on the coin’s side, helping it to break above $1 as we can see more in our latest Ripple news. Things are going well for Ripple as rumors of an SEC settlement are growing bigger. Back in December, the commission sued Ripple and its two executives Brad Garlinghouse and Chris Larsen with a lawsuit for an alleged illegal sale of an unregistered security. In the upcoming months, XRP’s price dropped as many exchanges delisted it and investors lost faith. XRP soared 23% in 24h, and…

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XRP Bottoming Signal Spotted But It Seems Like There’s A Catch

An XRP bottoming signal was spotted as the price is back trading around the dollar per token but according to one technical trader, the surge is getting started so let’s focus on the analysis in our latest Ripple news. When it comes to a chart pattern, the same trader got it wrong once before. But is this time different or will the bottom signal be confirmed? Ripple company executives are still locked in a legal battle with the SEC but they did have a small victory in court which required the release of the documents and will offer insight into…

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XRP Retraces from $1 as SEC Lawsuit Turmoil Continues

Ripple’s cryptocurrency XRP recently hit 1 dollar for the very first time since the year 2018. The cryptocurrency recorded a new high this year after surpassing the $0.75 mark at the end of last month.  XRP Breaking Barriers According to crypto statistics tracker Coinmarketcap, XRP periodically rose to the fourth position on the market capitalization Read More

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Ripple’s XRP Blasts Ahead After Small SEC Victory

Ripple’s XRP blasts ahead and could almost hit a three-year high after marking a small SEC victory which ended up with the agency having to provide documents on Bitcoin and Ethereum as reported recently in our Ripple news. XRP was delisted from multiple exchanges across the globe after it got entangled with the lawsuit with the Securities and Exchange Commission over an alleged securities status. The price now hit $0.948 which marked a 66.15% into April 2021 and the token’s upside surfaced due to a rally on the market but also because of the anticipations that can leave the coin…

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Ripple Won The Ruling To Expose SEC Documents On ETH And BTC

Ripple won the ruling to expose SEC documents on Bitcoin and Ethereum and the price of XRP Surged in a moment by 22% hitting the highest level since 2018 so let’s read more in today’s Ripple news. Ripple won the ruling or better said a discovery motion so now the SEC has to hand over documents related to the internal thinking on crypto assets. Since December, Ripple Labs was fighting a $1.3 billion case against the US Securities and Exchange Commission which accused the company of offering unregistered security in the form of its XRP token. The company won the…

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Bitcoin falls below $58K as Bloomberg eyes $80K BTC price in Q2

A comparatively modest price prediction comes as Bitcoin ranges, giving altcoins an opportunity to outperform. Bitcoin (BTC) reversed recent gains to lose 1.5% on April 6 as bulls were kept frustrated with no sign of an attack on all-time highs  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingviewBitcoin will "likely" squash $60,000 resistance Cointelegraph Markets Pro and TradingView showed local lows of $57,340 hitting during Tuesday after another failed attempt at tackling $60,000 resistance. Despite being a matter of thousands of dollars away from all-time highs of $61,700, BTC/USD has been unable to drive sellers away for good. While thinning out,…

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XRP surpasses $1 for the first time since 2018: What’s behind the new rally?

XRP has surpassed $1 for the first time in 37 months as major cap altcoins are starting to follow Ethereum. The price of XRP has surpassed $1 on April 6 for the first time since March 2018, putting its market valuation at around $47 billion. Moreover, the fourth-largest cryptocurrency in the global market has broken out against the Bitcoin (BTC) pair, causing it to see significant technical momentum.  XRP/BTC 1-month price chart (Bitstamp). Source: TradingView.comMostly a technical rally, not too much fundamentals When XRP was hovering at around $0.75, cryptocurrency traders noted that XRP's market structure was bullish. Cantering Clark,…

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XRP Skyrockets Near $0.9500, Breaking $1 Seems Possible

XRP skyrockets near $0.9500 level after the rally above the $0.800 resistance against the US dollar which we read more about in our latest Ripple news. XRP’s price tested the $0.9500 and it is now consolidating the gains with the cryptocurrency starting a strong surge above the $0.8000 level against the US dollar with the price trading above $0.800 and the 100 simple moving average with a break above the bullish continuation patterns near the $0.7180 on the 4-hour charts of the pair. The pair is now consolidating the gains and could continue increasing towards $1.00 in the near term.…

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XRP Surged Higher Than $0.70 While Bulls Aim Even Higher

XRP surged higher than $0.70 while the bulls aimed higher with Ripple starting a fresh rally above the $0.6000 resistance zone against the US dollar with the price even breaking the $0.7000 and seemingly with more chances of more upsides as we can see more in our latest XRP news. Ripple gained more strength after breaking the $0.5500 and the $0.6000 resistance against the dollar. The price is now trading above the $0.6500 and the 100 simple moving average with the major bullish trend line forming at the support of $0.6100 on the 4-hour charts of the pair. The XRP/USD…

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Ripple’s Non-Profit Organization Bolsters XRP Prices: Report

Ripple’s non-profit organization, the XRP Ledger Foundation boosted the XRP prices which means it gave the token a shot at retaking critical support levels as we are reading in the XRP price news. The XRP Ledger Foundation, Ripple’s Non-profit organization was created to help speed up the development and adoption of the Ripple blockchain. The announcement was met with excitement in the XRP community which pushed the prices to a critical resistance barrier. Hitting the $0.24 hurdle into support will help XRP rise to new levels at $0.27. Ripple launched a non-profit organization that is tasked with achieving mass adoption…

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XRP Entered Key Accumulation Zone, Eyeing A Move Towards $0.28

XRP entered key accumulation zone as the price was in a lackluster action as of late with both sellers and buyers being unable to garner clear control over the near-term trend, hovering around $0.20 as we are reading more in the latest Ripple price news. The consolidation came about as a result of the Bitcoin movement since it was struggling to gain any clear momentum as the price oscillates between the low region of $10,200 and the higher of $11,200. Because XRP entered key accumulation zone moving closely with BTC and the rest of the market, where it will head…

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