XRP

2022 - 9 - 23

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Image courtesy of "Bitcoin News"

Biggest Movers: XRP Hits Fresh 4-Month High, Token Climbs 50 ... (Bitcoin News)

XRP was once again higher on Friday, as the token hit a 4-month high for a third consecutive session. Cronos also rallied on Friday.

[Bitcoin.com](https://bitcoin.com) does not provide investment, tax, legal, or accounting advice. Disclaimer: This article is for informational purposes only. The token formerly known as ripple has risen by over 50% in the last seven days, despite the current market volatility. [XRP](https://markets.bitcoin.com/crypto/XRP) [XRP](https://markets.bitcoin.com/crypto/XRP) was higher for a second consecutive session on Friday, as the token moved to a fresh four-month high. Cronos was also a notable mover today, climbing by nearly 15%. [XRP](https://markets.bitcoin.com/crypto/XRP) begin to reverse course.

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Image courtesy of "Proactive Investors USA & Canada"

The Crypto Report: Bitcoin and Ethereum get a reprieve as Ripple ... (Proactive Investors USA & Canada)

The crypto market looks set to end a volatile week with a welcome recovery, adding close to 5% in early Friday trade. At US$952bn, the...

In the decentralised finance (DeFi) space, Curve’s recent sluggish performance saw a bit of a reversal today, with 5% added to its market cap, while Compound Finance and MakerDAO are also performing well. The payment token is now at four-month highs, buoyed mainly by potentially good news coming out of its long-running legal spat with the Securities and Exchange Commission. After a valiant effort by the short squeezers, Terra Classic (LUNC) ultimately ended the week in a worse position, with the bears managing to depress the community-run project by nearly 6%.

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Image courtesy of "Cointelegraph"

XRP hits 13-month high versus Bitcoin with 35% daily surge — But ... (Cointelegraph)

XRP's price rally comes on the heels of a potential lawsuit win for Ripple versus SEC.

[buying the rumor](https://cointelegraph.com/news/buy-the-rumor-buy-the-news-btc-price-passes-63k-as-us-bitcoin-etf-launches) in the run-up to the Ripple vs. In other words, the XRP/USD pair could drop to $0.31 by the end of 2022, down almost 40% from Sept. [Ripple and SEC filed motions](https://cointelegraph.com/news/ripple-sec-case-heads-for-conclusion-after-summary-judgment-filed) [ for a summary judgment with the court on Sept. XRP/BTC has already corrected by nearly 10% from its 13-month peak, as shown in the chart below. An extended pullback from the trendline resistance could see XRP test its near-term horizontal trendline support as its next downside target. The percentage of entities holding between 1 million and 10 million XRP tokens — known as sharks and whales — has risen as a whole to 6.35% on Sept. Every investment and trading move involves risk, you should conduct your own research when making a decision. 23, the XRP/BTC pair surged to 0.00002877 — its best level in 13 months — from 0.00002132, a 35% price rally versus Bitcoin in one day. Meanwhile, the same timeframe saw XRP rising as much as 42% But while it remains to be seen if this will then turn into "sell the news," depending on the outcome of the ruling, XRP's technicals are hinting at a potential correction. Securities and Exchange Commission (SEC). 23, 2022, up from 5.43% on Dec.

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Image courtesy of "AMBCrypto"

XRP investors, the long wait for happier days is finally over because… (AMBCrypto)

XRP registered more than 64% seven-day growth, a performance, which was better than all the top 100 cryptos in terms of market...

Interestingly, several other on-chain metrics also supported the possibility of a further uptick in the coming days. With all these developments happening in the XRP community, the future of the token looked promising after a long wait. Additionally, a further encouraging hint was that since late 2020, the active shark and whale addresses holding 1 million to 10 million XRP had been in an accumulation trend. It was also suggestive of the fact that the price surge may continue in the coming days. XRP’s social mentions and social engagement also spiked by 12% and 64% in the last week, respectively. The excitement also has a solid ground since XRP’s recent price action was commendable.

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