TL;DR
Ripple’s XRP price surged by 7% in the last 24 hours, currently trading at $0.51, surpassing a significant resistance level of $0.50.
The price increase is mainly attributed to the SEC clearing Ripple’s CEO and Executive Chairman of allegations in a securities violation case from 2020.
Ripple (XRP) Price Soars 7% Daily
Ripple’s XRP increased by a total of 7% throughout the past 24 hours and is currently amongst the best performers from the top 10 cryptocurrencies by means of total market capitalization.
Source: CoinGecko
The cryptocurrency is trading at $0.51, above a major psychological and technical resistance level ($0.50). It had recently tried to break above it, but the bulls were unable to sustain the price, and XRP had fallen back below it. It’s interesting to see if it will manage to surpass it convincingly this time.
Why is XRP Up Today?
The main reason why the XRP price is up today is once again related to the legal battle between Ripple and the Securities and
We współpracy z: https://cryptopotato.com/why-is-ripple-xrp-price-up-today/
