Ripple On Bearish Momentum: 9.85% Down In The Last 24 Hours

Ripple is currently on bearish momentum. At 12:05 EST on Tue 22 Dec, Ripple is at $0.47 and down by 9.85% in the last 24 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.49 and the lower value was $0.47.

Over the last twelve hours, Ripple’s higher value was $0.49 and the lower value was $0.46.

In relation to Ripple’s daily highs and lows, it’s 2.413% up from its trailing 24-hour low of $0.46 and 11.113% down from its trailing 24-hour high of $0.53.

Regarding Ripple’s yearly highs and lows, it’s 309.296% up from its 52-week low and 38.659% 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, “None of those companies, though, was as big as Ripple and XRP. “, “Ripple said it was informed by the commission on Monday that regulators soon plan to sue the company, Chief Executive Brad Garlinghouse and co-founder Chris Larsen in federal civil court. “

Cryptocurrency firm ripple expects to be sued by the sec; XRP plunges. According to CNBC on Tue Dec 22, “Though it claims to be independent of the cryptocurrency, Ripple owns 55 billion of the total 100 billion XRP tokens in existence. “, “It was created and distributed by the founders of Ripple in 2012, and is designed to facilitate fast cross-border payments.”

Ripple says it faces SEC lawsuit as cryptocurrency XRP drops. According to Bloomberg Quint on Tue Dec 22, “Ripple will challenge the suit in the courts “to get clear rules of the road for the entire industry in the U.S.,” he added.”, “Whether Ripple is a security has been at the center of debate within the sector since the SEC comments.”

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, “”That’s a signal from a well-established financial institution that there’s more to crypto than Bitcoin,” he said.”, “Bitcoin can only be programmed to do certain things and ethereum can be programmed to do many things,” he said. “

Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, “”But I think some level of premium is justified, and if you want access to Bitcoin, there really aren’t better options.””, “A rough back-of-the-envelope calculation suggests that at a 34% premium, investors are paying the equivalent of $30,522 if Bitcoin’s price is $22,800 per coin. “

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.”