Ripple On Bearish Momentum: 9.46% Down In The Last 12 Hours

Ripple is currently on bearish momentum. At 02:04 EST on Sat 26 Dec, Ripple is at $0.31 and down by 9.46% in the last 12 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.32 and the lower value was $0.31.

Over the last twelve hours, Ripple’s higher value was $0.34 and the lower value was $0.31.

Regarding Ripple’s daily highs and lows, it’s 4.667% up from its trailing 24-hour low of $0.30 and 17.368% down from its trailing 24-hour high of $0.38.

In relation to Ripple’s yearly highs and lows, it’s 172.806% up from its 52-week low and 59.115% down from its 52-week high.

Last news about Ripple

US regulator charges ripple over its XRP asset, saying it’s a $1.3 billion unregistered offering, not a cryptocurrency. According to Business Insider on Wed Dec 23, “Two of Ripple’s lawyers on Tuesday said the SEC’s suit was without merit.”, “Ripple had begun its campaign against the SEC suit before it was even filed. “

High-flying crypto fund dumps XRP with ripple in SEC ‘hot water’. According to Bloomberg Quint on Wed Dec 23, “Unlike Bitcoin or Ether — which the SEC considers currencies and are decentralized — XRP’s value was mainly linked to Ripple products, with the firm attempting to influence supply and demand for the token, the analysts wrote.”, “BI expects that Ripple will answer the agency’s complaint next quarter, and that a decision could come in early 2022.”

News about Bitcoin

 michael saylor, the CEO who turned a software company into a Bitcoin company. According to Bloomberg Quint on Thu Dec 24, “We speak with MicroStrategy’s CEO, Michael Saylor, on why he thinks Bitcoin is the best reserve asset for any company.”, “Then, as Bitcoin ran up, it bought more, and the stock has now soared thanks to the bet. “

Bitcoin rally has already outlasted 2017 run. According to The Wall Street Journal on Thu Dec 24, “Bitcoin bulls say the money fueling this year’s rally is coming from more reliable sources than past rallies. “

Bitcoin crushes doubters as 224% rally proves it’s here to stay. According to Bloomberg Quint on Thu Dec 24, “Since Bitcoin’s market capitalization reached $1 billion in March 2013, there have been two cycles of spikes to record highs, followed by drawdowns of more than 80%. “, “But to bet against Bitcoin recovering from the next crash is to bet against experience. “

Luxxfolio to acquire 590 Bitcoin miners. According to Business Insider on Thu Dec 24,

Bitcoin surges to fresh record high and looks set to break the $25,000 level: ‘merry bitmas’. According to Business Insider on Fri Dec 25, “Bitcoin’s market cap could reach $1 trillion sometime in 2021, according to Garrick Hileman, head of research at Blockchain.com, if investors take its reserve currency status more seriously.”, “Bitcoin is soaring once again, hitting a new record price of $24,661 on Friday, with investors declaring “Happy Bitmas,” on social media.”