XRP Cryptocurrency Is 18% Up In The Last 24 Hours

XRP Cryptocurrency is currently on bullish momentum by 18.07% in the last 24 hours. At 10:25 EST on Friday, 30 April, XRP is at $1.64.

Social Status

Currently, XRP has 1533226 Twitter followers and 298103 Reddit subscribers.

As of now, on Github, there are 1194 forks, 3789 stars, and 499 subscribers.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, XRP’s crypto is considered to be oversold (<=20).

Other News About XRP

According to Business Insider on Thursday, 29 April, “The issue is at the center of the SEC’s lawsuit against Ripple over its XRP token. “, “Ripple claims XRP is a commodity and therefore out of the SEC’s reach, while the regulator says Ripple ran an unregistered securities offering. “

According to CNBC on Friday, 30 April, “And are these technologies solving real problems for real customers,” he said, adding that Ripple will continue to leverage its XRP ledger and tokens to make payments efficient.”, “It is the only country on the planet that has said XRP is anything other than a currency,” he noted. “

Ripple’s CEO says he’s frustrated with the lack of regulatory clarity on cryptocurrencies in the US – but is optimistic about the SEC lawsuit against XRP. According to Business Insider on Friday, 30 April, “The regulator had charged Garlinghouse and co-founder Chris Larsen for illegally raising $1.3 billion through the sale of its XRP token. “, “The court allowed Ripple to examine SEC official correspondence, demanded that it explain why it considers XRP – but not bitcoin or ether – as a security, and also kept the right to secrecy of detailed financial information over the years for Ripple, Argonov said.”

News about Bitcoin

Nexon joins Tesla in Bitcoin bet with $100 million purchase. According to Bloomberg Quint on Wednesday, 28 April, “In the current economic environment, we believe Bitcoin offers long-term stability and liquidity while maintaining the value of our cash for future investments.”, “A growing number of global firms including Tesla Inc. and Square Inc. have moved to purchase Bitcoin in recent months, with more starting to accept the currency as a form of payment. “

Bitcoin at inflection point amid recent selloff, technicals show. According to Bloomberg Quint on Wednesday, 28 April, “Sam Stovall, chief investment strategist at CFRA Research, describes Bitcoin as a speculative asset, but one that looks to be correlated with the overall stock market. “, “If Bitcoin can’t overtake its 50-day mean — which currently sits at about $57,042 — then it might be in for a period of volatility as the gap between the two trend lines converges. “

More news about XRP.