Why XRP Price Is Up Today?

Quick Summary:

This rally is driven by several recent developments that have created a bullish outlook for XRP, attracting renewed investor interest and optimism.

This happens when the 50-day moving average crosses above the 200-day moving average, a signal that often suggests the uptrend might continue.$XRP has hit the Golden Cross.pic.twitter.

Filed in 2023 during the Ripple-SEC legal battle, the document disclosed that Ripple has secured over 1,700 contracts with financial institutions and companies for XRP transactions.

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Article Details

Author / Journalist: Mustafa Mulla

Category: Crypto

Markets: United States

Topics: Xrp’s Million Ripple Recent Crypto Bullish Blockchain Ripple’s Interest Price Been

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-20 @ 07:28:37 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 365 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 22169496

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 17 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #112

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