Ripple On Bearish Momentum: 17.97% Down In The Last 6 Hours

Ripple is currently on bearish momentum. At 04:05 EST on Wed 23 Dec, Ripple is at $0.35 and down by 17.97% in the last 6 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.42 and the lower value was $0.35.

Over the last twelve hours, Ripple’s higher value was $0.45 and the lower value was $0.35.

Regarding Ripple’s daily highs and lows, it’s 0.657% up from its trailing 24-hour low of $0.35 and 28.102% down from its trailing 24-hour high of $0.49.

Concerning Ripple’s yearly highs and lows, it’s 206.082% up from its 52-week low and 54.128% down from its 52-week high.

Last news about Ripple

Ripple to face SEC suit over XRP cryptocurrency. According to The Wall Street Journal on Tue Dec 22, “Ripple had a $10 billion valuation in its most recent funding round in 2019, and XRP is the third-largest cryptocurrency by market value.”, “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, “The SEC is set to bring a lawsuit against Ripple, CEO Brad Garlinghouse and co-founder Chris Larsen. “, “Though it claims to be independent of the cryptocurrency, Ripple owns 55 billion of the total 100 billion XRP tokens in existence. “

Ripple says it faces SEC lawsuit as cryptocurrency XRP drops. According to Bloomberg Quint on Tue Dec 22, “Ripple earlier this year also failed to persuade a judge to throw out a proposed class-action lawsuit accusing the company of selling unregistered securities.”, “XRP, the world’s third-largest cryptocurrency, slumped after Ripple Labs Inc. said it faces a U.S. Securities and Exchange Commission lawsuit over its affiliated token.”

Ripple labs, executives sued by SEC for failing to register XRP. According to Bloomberg Quint on Tue Dec 22, “Ripple Labs Inc., 20-cv-10832, U.S. District Court, Southern District of New York.”, “Ripple co-founder Christian Larsen and Chief Executive Officer Bradley Garlinghouse “created an information vacuum” that allowed them to sell XRP into a market that only had information they chose to share, the SEC said in a lawsuit filed Tuesday in New York. “

News about Bitcoin

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.”