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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