Popular analyst Crypt0mer recently observed that XRP, which he jokingly dubbed “our beloved standard” in reference to a long-time industry joke that the cryptocurrency “is the standard,” is about to see a move in terms of price action.
Bitcoin Cash ABC fell by 0.12% on Friday. Partially reversing a 2.49% rally from Thursday, Bitcoin Cash ABC ended the day at $210.78.
XRP has gained the top spot has the best performing top 10 coin today. This coincided with Ripple’s recent court filing and declarations that, even if XRP were security, the plaintiffs still brought the case against the company too late. The current XRP price analysis shows that XRP is one of the only four green coins among the top 10 coins by market capitalization in the 24 hours, while no coins have gained momentum in the past week. The price increased by 2.19% in a day, although it also declined with 2.49% in a week, and it currently stands at $0.22. Its highest price in the past week was $0.23.
Despite the current upside momentum exhibited by the cryptocurrency market, XRP was trading below its crucial $0.23 resistance point and has been tagging slightly above the $0.21 support area. At press time, XRP was trading at $0.22 after posting minor gains of 1.96%.
Cointelegraph Japan, reports that SBI Holdings will now pay dividends to shareholders in XRP for the financial year ending in March 2020.
NEO (CURRENCY:NEO) traded up 4.1% against the US dollar during the 1 day period ending at 0:00 AM ET on December 6th. Over the last seven days, NEO has traded down 5.7% against the US dollar. NEO has a total market capitalization of $644.18 million and approximately $331.81 million worth of NEO was traded on exchanges in the last day. One NEO coin can now be purchased for about $9.13 or 0.00120512 BTC on major exchanges including Liquid, Upbit, Kucoin and Livecoin.
XRP (CURRENCY:XRP) traded 1.9% higher against the U.S. dollar during the 1 day period ending at 0:00 AM E.T. on December 6th. One XRP coin can now be purchased for about $0.23 or 0.00002991 BTC on popular exchanges including WazirX, FCoin, Bittrex and ABCC. XRP has a total market capitalization of $9.81 billion and $1.23 billion worth of XRP was traded on exchanges in the last day. Over the last seven days, XRP has traded down 2.1% against the U.S. dollar.
Ripple and its native cryptocurrency XRP have been doing positive rounds in the cryptocurrency space for some time now despite the bearish price crashes. One of XRP’s primary specialties has been its ability to reflect growth in its other parameters across new regions. A couple of weeks ago, it was reported that XRP’s market volume on exchanges like Bitso was on record-breaking uptrends, a phenomenon which was later overshadowed by the arrival of the bear.
The ongoing lawsuit against Ripple are not over just yet. If it is left up to the company, however, it will be dismissed rather shortly.
XRP (CURRENCY:XRP) traded up 1.9% against the US dollar during the twenty-four hour period ending at 0:00 AM ET on December 6th. In the last seven days, XRP has traded 2.1% lower against the US dollar. One XRP coin can currently be bought for approximately $0.23 or 0.00002991 BTC on major exchanges including Coinone, B2BX, Bitbank and Korbit. XRP has a market cap of $9.81 billion and approximately $1.23 billion worth of XRP was traded on exchanges in the last 24 hours.