Ripple On Bearish Momentum: 9.79% Down In The Last 12 Hours

Ripple is currently on bearish momentum. At 06:03 EST on Tue 22 Dec, Ripple is at $0.47 and down by 9.79% in the last 12 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.47 and the lower value was $0.46.

Over the last twelve hours, Ripple’s higher value was $0.52 and the lower value was $0.46.

In relation to Ripple’s daily highs and lows, it’s 2.13% up from its trailing 24-hour low of $0.46 and 11.358% down from its trailing 24-hour high of $0.53.

Regarding Ripple’s yearly highs and lows, it’s 308.167% up from its 52-week low and 38.828% down from its 52-week high.

Last days news about Ripple

Ripple to face SEC suit over XRP cryptocurrency. According to The Wall Street Journal on Tue Dec 22, “Ripple Inc. said it will defend itself against a lawsuit from the Securities and Exchange Commission that claims the company violated investor-protection laws when it sold a bitcoin-like digital asset called XRP.”, “None of those companies, though, was as big as Ripple and XRP. “

Cryptocurrency firm ripple expects to be sued by the sec; XRP plunges. According to CNBC on Tue Dec 22, “Ripple has threatened move its headquarters outside of the U.S. over the issue, with London, Switzerland, Singapore, Japan and the United Arab Emirates tipped as potential locations.”, “Ripple, the fintech company best known for cryptocurrency XRP, has said it expects to be sued by the Securities and Exchange Commission over allegations that it violated investor protection laws.”

News about Bitcoin

The CIO of a new crypto fund that has returned 220% to investors this year explains why Bitcoin topped $20,000 for the first time ever this week – and shares another digital currency set to become…. According to Business Insider on Sat Dec 19, “It’s much more institutional than it was in the past and I think that raises the likelihood that we’ll see a Bitcoin ETF sooner than later,” he said.”, “Bitcoin was once derided by serious investors as a bubble or a Ponzi scheme. “

Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, “At BITW’s 358% premium — which doesn’t just hold Bitcoin — that sum balloons to $104,424.”, “The premiums showcase “overwhelming investor demand to obtain Bitcoin exposure through means other than direct ownership or via crypto exchanges,” said Nate Geraci, president of the ETF Store, an investment advisory firm. “

Elon Musk inquired on twitter about ‘large’ Bitcoin transactions after a crypto booster suggested he convert Tesla’s balance sheet. According to Business Insider on Mon Dec 21, “Before the exchange with Saylor, he tweeted “Bitcoin is my safe word,” but then followed up by saying, “Just kidding, who needs a safe word anyway!?””, “Following the Saylor conversation, Musk tweeted: “Bitcoin is almost as bs as fiat money,” and then suggested to his followers he’s a fan of Dogecoin, a parody cryptocurrency.”