Hope

Coin

<ul class="news-points">
 <li>XRP pulled back about 15% after climbing above $0.6 for the first time since April.</li>
 <li>The altcoin gained 67% in less than two weeks in the recent rally.</li>
 <li>Experts believe Ripple and the SEC are keen to settle the ongoing litigation soon.</li>
</ul>
XRP pulled back about 15% after climbing above $0.60 for the first time since April. The pullback followed an impressive rally that saw the embattled altcoin gain 67% in less than two weeks as users anticipated a resolution to the ongoing case between Ripple and the U.S. Securities and Exchange Commission.
The recent XRP rally was sparked after the SEC announced a date for a closed-door meeting, with an agenda that included discussions of the case with Ripple. Crypto community members speculated that the SEC wanted to finalize a settlement with Ripple, ending the protracted court case.
Ripple’s recent pullback occurred after an alleged postponement of the meeting, suggesting the case could last longer than expected. XRP dropped from the recent $0.63741 local high to $0.54043 before rebounding, according to data from TradingView.
Meanwhile, in a recently uploaded <a href="https://www.youtube.com/watch?v=WZeRjwtq_ro" target="_blank" rel="noopener noreferrer nofollow">video</a>, Cheeky Crypto’s Nick noted that many crypto traders…
The post <a href="https://coinedition.com/xrp-pulls-back-after-reaching-0-60-but-hope-remains-for-ripple-settlement/" rel="noopener noreferrer nofollow">XRP Pulls Back After Reaching $0.60, but Hope Remains for Ripple Settlement</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

XRP Pulls Back After Reaching $0.60, but Hope Remains for Ripple Settlement

Coin Edition

22 Tem 2024 tarihli diğer yazılar

JPMorgan thinks a bullish reversal is impossible for crypto market

MoonBag Skyrockets Past $3.7 Million Presale as VeChain and GALA Struggle: Is This the Best in 2024?

Catizen Making Buzz Exceeds 1.5 Million On-Chain Users

Rollblock Price Rockets 70% As Investors Go Wild Over Revenue Share Model; SHIB Dev Issues Warnin...

7 U.S. States Challenge SEC’s Crypto Regulations in Iowa-Led Amicus Brief

Final Chance to Get In Early In AI Token Being Called “Cardano Killer” as Dogwifhat Investors Pus...

Güncel kripto para haberleri için ücretsiz bültenimize abone olun!