However, it started rallying in September and climbed to a 90-day high of $0.55. The price of Ripple is expected to surge to a maximum price of $16.27. XRP is back in negative territory this morning. The coin has fallen by 2.5% in the past week and by 10% in the last 30 days, caught up in the negative market sentiment that has arisen out of the news of Silvergate Bank's financial difficulties. The final motion for a summary judgement against the SEC was filed by XRP on 2 December 2022. TheEMAsand the 4-hourly candlestick chart (below) sent bearish signals. On 11 October, however, Judge Torres granted the motions of TapJets and I-Remit to file these briefs. A few examples include why shares of GameStop(NYSE:GME), Mullen Automotive(NASDAQ:MULN) and Nio(NYSE:NIO) stock are moving today. Reversing a 5.50% slide from Friday, XRP ended the day at $0.47234. WalletInvestor, for one, predicts a price of just $1.24 by May 2022 . In the quarterly report, Ripple also highlighted that one of the SECs expert opinions on the reasonable expectations of XRP purchasers was stricken from the court record, along with another SEC expert opinion on determining the cause of XRP price changes. Also, there is a flat volume. In 2030, Ripple XRP price prediction has a minimum price of $9.65 and an average value of $9.92. Merkle Trade Launches First Trading Contest with a $3,000 Prize Pool, Wild Bitcoin Price Swings Trigger $150 Million in Liquidations in BTC Futures Market Here Are the Key Themes Driving the Market Right Now, Why are Crypto Prices Are Pumping Today? To put things in context, XRP was worth$0.3399 at the start of the year. XRP Surges to Five-Month High as Some Point to Bitcoin Commodities Mention If we take a look at the 1-day chart for XRP/USDT, we can see that the price of XRP has been on the rise . This price increase is attributed to Ripples response to the US Securities and Exchange Commissions (SEC) letter of supplemental authority regarding its motion for summary judgment. If you are considering trading XRP, we recommend that you always do your own research. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Ripples latest partnership with Mastercard has also added to the investors bullish sentiment. FX Empire does not provide any warranty regarding any of the information contained in the website, and shall bear no responsibility for any trading losses you might incur as a result of using any information contained in the website.The website may include advertisements and other promotional contents, and FX Empire may receive compensation from third parties in connection with the content. According to the below forecasts, XRP is projected to reach $0.58 by the end of this year. The potential for dominance in the online payment business is enormous once it arrives. 1125 N. Charles St, Baltimore, MD 21201. Traditional banking system transactions and that of some cryptocurrencies tend to incur hefty transaction fees. Cryptocurrency community members, including XRP enthusiasts, are eagerly awaiting Judge Torres' summary judgment on the case. The value of the asset rose all through 2017 and into the early period of 2018 when it got to an all-time high of $3.84.

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