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Reading: Another Support Received for XRP Coin
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EdaFace Newsfeed > Latest News > Altcoin News > Another Support Received for XRP Coin
Altcoin News

Another Support Received for XRP Coin

vitalclick
Last updated: October 16, 2024 2:27 pm
7 months ago
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Although the price does not care much for now, a few minutes ago XRP Coin Another application announced its support for . Ripple, which is in a more difficult situation due to the prolonged appeal process $0.540939 It will haunt the court corridors for at least another year. So, what are the details of the latest development?

XRP Coin NewsXRP Coin Review

XRP Coin News

recently cryptocurrency technology company providing services MoonPay announced his support. According to the announcement made today, it is now possible to buy and sell XRP Coin directly within the application. The application serves more than 20 million users and supports over 50 cryptocurrencies. It provides services for buying, selling and storing cryptocurrencies in 180 countries.

New partnership of cryptocurrency companies XRP CoinHe shows his courage regarding the current situation of . Until the appeal process is completed, XRP Coin transactions on the exchanges will not be classified as securities. In other words, the SEC cannot file any of the other unauthorized service cases against any exchange for mediating the sale of XRP Coin.

However, if the initial decision is overturned at the end of the appeal process, things change. This shows that XRP Coin should be legally comfortable during the appeal process, which will continue for at least 1 year. Of course, things may change with the outcome of the appeal expected at the end of next year.

XRP Coin Review

BTC rose as high as $68,424 in the last 24 hours and continues to make new highs. Historical data says that cryptocurrencies should rise starting from mid-October. Moreover, the US elections are about 3 weeks away, and the elections are a historical bullish sign for crypto. Beyond all this, the US economy, which avoids recession, is loosening monetary policy with interest rate cuts.

The scenario that should happen is a further rise in cryptocurrencies by the end of the year. So, what is the latest situation on the XRP Coin front? Although the price, which fell below $ 0.5180 with the appeal, is currently at the $ 0.55 limit, it cannot overcome the $ 0.5585 barrier. If successful, the memorized $0.58 and $0.62 zones can be targeted.

Bitcoin $67,169 price At the time of writing, it was at $67,825. Some of the altcoins continued the day with double-digit rises, and the recovery in BTC price supported risk appetite.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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