This makes it the second best-performing in the top 100 . Neo , Tron , and Sui have also recorded impressive gains over the past 24 hours. , XRP formed the golden cross pattern, meaning that the token's short-term moving average has now crossed a long-term one. This bullish pattern shows that the cryptocurrency is experiencing strong bullish momentum. However, it is worth mentioning that it tends to be a lagging indicator. was issued in the closely watched SEC v. Ripple case.
Some analysts, however, correctly predicted that this rally would be short-lasting. By Aug. 11, the XRP price retraced back to the $0.54 level, losing as much as 15%. So far, XRP is up 41% after bottoming out on Aug. 5 at $0.43 on the Binance exchange during the all-out crypto crash. As reported by U.Today, Stuart Alderoty, Ripple's top lawyer, recently clarified that XRP's legal status would not be under threat even if the SEC were to appeal the case. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.
Cardano's Charles Hoskinson Launches $1 Million Challenge to ADA Community, BlackRock Bitcoin ETF Hits Another Historic Milestone: Crypto News Digest by U.TodayHolonym Foundation Emerges with $5.5 Million Seed Funding to Provide Global Digital Personhood with Human KeysDogecoin Price: Top Trader Reveals What to Expect from Leading Meme Coin
Cardano's Charles Hoskinson Launches $1 Million Challenge to ADA Community, BlackRock Bitcoin ETF Hits Another Historic Milestone: Crypto News Digest by U.Today
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
Bron: Crypto_Potato - 🏆 568. / 51 Lees verder »
Bron: Utoday_en - 🏆 295. / 63 Lees verder »