Goodday
Guest
Yeah. At the beginning of the lawsuit, Ripple was troubled but now it seems like it has improved. Although it seems like there is more to come after the lawsuit, I heard it will be over in February 2021.
-
Please note to have a link in an article you must first request permission from the administrator and pay a fee. You can read more information here.
Kelvin7656
Guest
Ripple’s XRP fell by 3.76% on Sunday. Following on from a 7.26% slide on Saturday, Ripple’s XRP ended the week down by 49% to $0.28339.
A range-bound start to the day saw Ripple’s XRP rise to a mid-morning high $0.30313 before hitting reverse.
Falling short of the first major resistance level at $0.3211, Ripple’s XRP slid to a mid-day intraday low $0.26561.
Ripple’s XRP fell through the first major support level at $0.2750 before striking a late afternoon intraday high $0.31138.
Falling short of the first major resistance level at $0.3211 once more, Ripple’s XRP fell back to end the day at sub-$0.29 levels.
At the time of writing, Ripple’s XRP was up by 0.59% to $0.28505. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.28000 before rising to a high $0.28550.
Ripple’s XRP left the major support and resistance levels untested early on.
A range-bound start to the day saw Ripple’s XRP rise to a mid-morning high $0.30313 before hitting reverse.
Falling short of the first major resistance level at $0.3211, Ripple’s XRP slid to a mid-day intraday low $0.26561.
Ripple’s XRP fell through the first major support level at $0.2750 before striking a late afternoon intraday high $0.31138.
Falling short of the first major resistance level at $0.3211 once more, Ripple’s XRP fell back to end the day at sub-$0.29 levels.
At the time of writing, Ripple’s XRP was up by 0.59% to $0.28505. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.28000 before rising to a high $0.28550.
Ripple’s XRP left the major support and resistance levels untested early on.
Kamon c4
Guest
For the past few days XRP has been showing good signs. When the news of the lawsuit broke out there was panic and investors had to sell off their coins but I can say that ripple is managing the whole situation well now. Also it has generated more popularity for the crypto
Deleted member 6201
Guest
Still waiting on your $300 unemployment benefit to start? What you need to know
Why did the efficacy of China’s top vaccine drop from 78% to 50%?- Still waiting for your second stimulus check? How to track down your money
- Trump supporters flock to MeWe, Gab, and Rumble after Parler goes offline
Ripple says it will be sued by the SEC, in what the company calls a parting shot at the crypto industry
A potential lawsuit over Ripple and XRP would be a bombshell for the crypto industry.
BYJEFF JOHN ROBERTS
December 21, 2020 8:01 PM EST
Ripple, one of the most important companies in the cryptocurrency industry, said Monday evening that the Securities and Exchange Commission is poised to file a bombshell lawsuit against the company over the alleged sale of unlicensed securities.
The lawsuit also names Ripple CEO Brad Garlinghouse and cofounder Chris Larsen as defendants. On Tuesday afternoon, the SEC filed the suit in question, claiming the company and executives sold $1.3 billion worth of unregistered securities.
Sincerem
Guest
All of us wish Ripple all the best in their ongoing lawsuit with U.S SEC. I know what the cryptocurrency is really going through, even in this time of the lawsuit its still going strong. I just noticed it yesterday about the slight increase in Ripple, I was very thrilled to see it rising.
Erik4150
Guest
Yes I noticed the slight improvement in ripple. But it is nothing but a slight rise in price, I don't think it is a big deal. Ripple doesn't look like it has any potential so I am monitoring it's situation for now.
ahmedo24
Guest
Ripple has potentials but probably you may not know that if you got to know of ripple at a point when they are facing legal challenges which has dropped the price from $0.65 to $0.19 and it has recovered average to $0.31 so it has potential by virtue of history.
Kinglegend01
Guest
I didn't know nor did I notice the slight increase in ripple coin (xrp). I would definitely check it out, I always wanted to buy ripple coin bland was about to when I heard the news about the ongoing lawsuit with U.S SEC and then I stopped totally. I would like to know if it's safe to invest in it.
ahmedo24
Guest
You can be patient till when the trial for ripple is over and in favor of ripple , it is scheduled for February.You can invest in stellar or polkadot coin now if you wish because it is fact growing at the moment .
Sincerem
Guest
You should check it out, it was around $0.30 yesterday night when I checked it but during the morning time today, it went down little to $0.29. But it went slightly higher high in the last seven days, the statistics shows that, you can see it in my article review up front.
Lyrrex
Guest
During the first and the second week that they announce the lawsuit against the ripple company a lot of ripple investors did not believe anymore in ripple coin and they sold it out and the price of ripple reduced to almost zero but now people have begins to find out that ripple is still standing strong so they still come over and invest in them
Sincerem
Guest
Interesting, even when coinbase and Binance delist them from their exchange platform. Raising eye eye brows in the presence of people, but it didnt stop people from investing into it. I believe Ripple is still going strong and can go down easily.
Heatman
Guest
I have always said it before, if you as an investors can spare more money, it's not a bad idea to invest in Ripples now the price is down because of what's going on with the case. Definitely, it's going to go up. I rather in an article earlier this week that they open a new branch in Dubai with the bid to have a strong hold in the Middle East.
Sincerem
Guest
Fantastic that they have developed a branch in Dubai in order to establish themselves broadly and take hold of that territory too. That is building their Cryptocurrency network to be known as one of the leading crypto coin.
ahmedo24
Guest
It is actually a risk worth taking to invest in ripple because it will definitely rise as the outcome of the proceedings will be favourable. They had move to Dubai months before the legal battle started l.
Sincerem
Guest
I believe they will emerge victorious from the lawsuit between them and U.S SEC. Because since the court case emanated till noe, Ripple haven't sink down as people thought it will. Base on the lawsuit but to some people's surprise it is still going strong.
Lyrrex
Guest
Oh I did not know that coinbase and binance has remove ripple coin from their system,I really thank God I did not invest in ripple during that time because maybe that could have been a huge loss for me, I do not know maybe they could have Rise back to taky its previous price because at us now the price of ripple is 150 naira
Heatman
Guest
Seriously, then I got my article news alert very late but it's quite a good thing in any case because if they can have a strong hold in the Middle East, it's going to help pull a lot of strings in helping it become as big as other cryptocurrencies. I'm actually certain the case will go their way and things will favors their investors.
Sincerem
Guest
Hmm, you had your luck that you didn't invest in Ripple (XRP) within those mentioned exchange platforms that delisted Ripple in their wallet platform. It was a pity to see Ripple being kicked out of those sites. Irrespective if that, Ripple coin haven't sink a lot since then.
Lyrrex
Guest
I wonder why they just kicked out the ripe from their system without informing anyone and besides what happened to those people who had ripple in their wallet ? Does it mean that they were at lost ? Have they returned back people's ripple after they have added ripple again to their system ??