Ripple (XRP) trades around a key psychological level of $0.60, early on Monday.
Ripple CEO Brad Garlinghouse commented on what to expect from the SEC lawsuit in a recent Bloomberg interview. Garlinghouse expects the lawsuit to end soon, when asked about a settlement, the Ripple CEO says a resolution is expected. XRP hovers around $0.60, sustains over 21% gains from the last seven days. Ripple trades around a key psychological level of $0.60, early on Monday. The altcoin recently made headlines for its highest weekly gain of 2024, over 40%.
6% Fibonacci resistance of the decline from the March 11 top of $0.7440 to the July 5 bottom of $0.3823. The Moving Average Convergence Divergence indicator suggests there is underlying positive momentum in Ripple’s uptrend. XRP/USDT daily chart Ripple could find support at $0.5632, the 50% Fibonacci retracement level of the decline. A daily candlestick close under $0.60 could invalidate the bullish thesis for the altcoin.
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 CEO slams SEC Gary Gensler for recent remarks, XRP extends lossesRipple (XRP) executive Brad Garlinghouse is making headlines for his statement on Securities and Exchange Commission (SEC) Gary Gensler’s remarks on crypto.
Read more »
Ripple CEO Celebrates Historic XRP SEC Ruling One Year OnRipple CEO reminisces on date that will be remembered in XRP and cryptocurrency history
Read more »
Ripple's upcoming stablecoin will 'compliment' XRP, says Ripple President Monica LongMonica Long shares the strategy behind Ripple's upcoming stablecoin launch.
Read more »
Ripple rallies past $0.63 as XRP traders expect SEC lawsuit to end soonRipple (XRP), XRP Ledger’s native token, extended gains by nearly 7% on Wednesday.
Read more »
Ripple active addresses climb 30% overnight, XRP hovers around $0.43Ripple (XRP) on-chain activity shows an increase in activity among XRP traders.
Read more »
XRP Drops 7% as Ripple v. SEC Settlement Allegedly PostponedXRP price falls as SEC cancels potential settlement meeting with Ripple
Read more »