XRP faces downturn amidst SEC legal battle, breaching $0.60 support. Analysts predict further drop to $0.54. Whale activity and market sentiment influence decline. Technical analysis signals bearish outlook, with potential for recovery if XRP stabilizes above $0.60.
Xu LinXRP Poised for Potential Surge Amid Mixed Community Views
KikyoJust 3 weeks after announcement of its proposed acquisition of Fortress Trust, Ripple has abandoned the plans. However, Fortress CEO downplayed the significance of the deal's cancellation.
KikyoThe ruling has the potential to be a game-changer for the crypto industry, with implications that extend beyond Ripple's case. Pending cases, such as that of Coinbase, could be influenced by this decision.
Coinlive Brad Garlinghouse, CEO of Ripple, took a swipe at the U.S. SEC in a tweet today, reacting to recent setbacks the agency has taken since Monday. The SEC has suffered three setbacks in court this week.
BitcoinistThe ongoing legal battle between blockchain firm Ripple and the Securities Exchange Commission (SEC) is projected to impact the general crypto market.
FinboldThe Ripple vs SEC case continues to produce encouraging signs of a favorable end for Ripple which in turn would boost XRP price action.
BeincryptoXRP rallied 10% after the ruling was announced.
BeincryptoRipple (XRP) was once the third biggest coin in the cryptocurrency space and has been a staple in the top 10 since it was launched in 2017 – offering a faster and more energy-efficient alternative to BTC.
BitcoinistRipple (XRP) was once the third biggest coin in the cryptocurrency space and has been a staple in the top ...
Bitcoinist