Can Ripple Control The XRP Price? Crypto Analysts Weigh In
The XRP token has attracted much attention, especially because of Ripple’s ongoing legal battle with the US Securities and Exchange Commission (SEC). This has led to speculations on whether Ripple is able to control the XRP price or not. So crypto analysts have chimed in to share their opinions. No Ripple Effect On XRP? Pro-XRP influencer Crypto Eri stated in a tweet that she doesn’t rely on the “efforts of Ripple” to increase XRP’s value. She suggested that the crypto company hasn’t done much to grow the token as it accounts for a “single digit impact on volume.” Related Reading: Pro-XRP....
Related News
The XRP price has been showing promises of a price spike since Ripple’s victory against the US SEC. Many community members are currently keeping a close eye on the cryptocurrency, and hoping for a significant price increase. One crypto analyst, in particular, has predicted a massive run for the altcoin that could see its price hit triple-digits. XRP Predicted To Reach $130 In Next Bull Run Following its partial victory against the United States Securities and Exchange Commission (SEC) in July after Judge Analisa Torres ruled in favor of Ripple labs, XRP, the native token of Ripple, has....
Ripple started a strong rise after forming a base above $0.2550 against the US Dollar. XRP price is currently rallying and it is likely to continue higher towards $0.3500. Ripple is up over 15% and it showing a lot of positive signs above $0.3000 against the US dollar. The price broke many hurdles near $0.2880 […]
Ripple started a fresh increase above the $0.4000 resistance against the US Dollar. XRP price is likely to accelerate further higher if it clears the $0.4650 resistance. Ripple is up over 15% and it broke a major resistance near $0.4200 against the US dollar. The price is trading well above $0.4400 and the 100-day simple […]
Today’s Ripple price analysis is rather cloudy, and analysts are expecting the market to reverse course near the $0.90 level. After being dragged down from recent highs, the XRP/USD pair may be on the verge of a new bottom. Ripple’s market value is increasing over the last several days, with the price of Ripple climbing to roughly $0.88 before sliding down to Friday’s $0.83 level. Compared to Bitcoin, XRP is up 5.62% in the XRP/BTC trading pair for the day. Crypto analysts project that this is only the beginning of a long-term positive trend they expect to continue in the....
Ripple (XRP) has plummeted to $0.43, with bears now skyjacking the market following a tremendous drop in the past week. While the price seems to have improved in the past couple of days, the bulls have somewhat shoved bears to their current market movement. The past week did not look suitable for Ripple traders and investors as XRP collapsed to a drop of 42% and closed at $0.4255. The entire week was seen to drift following a bearish movement which dropped to $0.4018 before it regained momentum to $0.4123 for the week. This indicates an oversold token that implores the potential of an....