2024

Coin

<ul class="news-points">
 <li><strong>XRP pulled back on Saturday after Friday’s 1.61% gain.</strong></li>
 <li><strong>The embattled altcoin fell below $0.5250 amid profit-taking by investors.</strong></li>
 <li><strong>Ripple has revealed plans to “expand heavily” in the Middle East.</strong></li>
</ul>
<p>XRP pulled back on Saturday, May 19, after recording slight gains a day before. A 0.46% decline by the embattled altcoin chopped off part of its Friday gains when the top altcoin rallied to $0.52932 before closing the session at $0.52358, according to data from <a href="https://www.tradingview.com/x/5HwbZ5xv/" target="_blank" rel="noopener noreferrer nofollow">TradingView</a>.</p>
<p>Saturday’s pullback came amid Brad Garlinghouse, the Ripple CEO’s bullish comments, noting his excitement about his firm’s achievement in the last quarter. Despite Garlinghouse’s observations, XRP declined, suggesting a broader investor outlook on the events surrounding Ripple and XRP.</p>
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   <p lang="en" dir="ltr">New quarter, more XRPL traction – I’m particularly excited that the native AMM, arguably one of the largest updates to the XRP Ledger, went live in Q1. <a href="https://t.co/MN8cZJI26i" target="_blank" rel="noopener noreferrer nofollow">https://t.co/MN8cZJI26i</a></p>— Brad Garlinghouse (@bgarlinghouse) <a href="https://twitter.com/bgarlinghouse/status/1791877504606916967?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 18, 2024</a>
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<p>Following XRP’s slump in the middle of April, the altcoin has oscillated around $0.5250, swinging above and be…</p>
<p>The post <a href="https://coinedition.com/xrp-drops-below-0-5250-ahead-of-crucial-date-in-ripple-vs-sec-case/" rel="noopener noreferrer nofollow">XRP Drops Below $0.5250 Ahead Of Crucial Date in Ripple Vs SEC Case</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

XRP Drops Below $0.5250 Ahead Of Crucial Date in Ripple Vs SEC Case

Coin Edition

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