XRP price corrected after hitting its year-to-date peak of $0.7440.
XRP price rallied 17% on the weekly time frame and the altcoin sustained above support at $0.6886. Ripple CEO Brad Garlinghouse told Bloomberg Live that there is an opportunity to create value in XRP. Garlinghouse says Ripple has worked with regulators as SEC vs. Ripple lawsuit deadline approaches. Despite its recent pullback, XRP price yielded nearly 17% weekly gains for holders ahead of the upcoming deadline in the SEC vs. Ripple lawsuit.
Technical indicators suggest an upside trend, the altcoin could wipe out losses with positive momentum. The bars on the Moving Average Convergence/Divergence indicator and the Awesome Oscillator are flashing green, suggesting that bulls are gaining ground. The altcoin’s uptrend is intact and if bulls have their way, XRP price could make a comeback to the 2024 high of $0.7440 and target the November 2023 peak of $0.75 next.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ripple Close to a Huge Adoption Milestone: Will the XRP Price Follow?Crypto Blog
Read more »
ChatGPT Analyzes if the Ripple (XRP) Price Can Surpass $1 Before the Bitcoin (BTC) HalvingCrypto Blog
Read more »
XRP price drops alongside mass profit taking by Ripple holdersXRP price dipped to $0.62 on Friday. The altcoin has sustained above the psychologically important $0.60 level despite profit-taking activities of the altcoin’s holders.
Read more »
Ripple Price Analysis: XRP Bull Run Finally Here as Buyers Push to $0.70?Crypto Blog
Read more »
Ripple (XRP) Price Prediction: Is $1 Coming Following 15% Daily Surge?Crypto Blog
Read more »
Millions of XRP Suddenly Exit Major Exchange as XRP Price Goes UpMillions of XRP suddenly leave Binance amid XRP price surge
Read more »