CDS Crypto News Breaking Crypto News – XRP Price: Analyzing Ripple’s Expanding Reach
Crypto News

Breaking Crypto News – XRP Price: Analyzing Ripple’s Expanding Reach

31
Breaking Crypto News - XRP Price: Analyzing Ripple's Expanding Reach

Breaking Crypto News – The Impact of Phishing Scam Warning: XRP Price Stalling at $0.05

Breaking Crypto News – Bulls in Ripple are optimistic at the time of publication, but the price is still moving within a small range. Over the last two days and a week, XRP has been steady. The average trade volume is flat and exceeds $1.1 billion at the same time. A significant breakthrough in either direction is necessary to ignite participation, even in the face of overall confidence. Should that not happen, attitude will still be impacted by wavy prices within $0.05.

On the other hand, there are 2 developments affecting the price. Firstly, it’s already known that up to 805 banks in Japan can use XRP, as Ripple tries to make a name for itself in Southeast Asia. A blockchain startup introduced XRPL-based blockchain solutions in April after partnering with HashKey DX. Secondly, the XRP army is cautioned by David Schwartz to remain alert in the face of phishing scams. Frequently, con artists prey on gullible followers by focusing on influencers such as CTOs.

Breaking Crypto News - The Impact of Phishing Scam Warning: XRP Price Stalling at $0.05
Breaking Crypto News - XRP Price: Analyzing Ripple's Expanding Reach 1

XRP Price Prediction

XRP Price Prediction
Breaking Crypto News - XRP Price: Analyzing Ripple's Expanding Reach 2

Given the shape on the daily chart, XRP/USD appears wavy but negative. It is in the sellers’ favor as long as prices stay between $0.50 and $0.55. A complete reversal of the April 13 losses and $0.66 might occur with any improvement above $0.55, supported by increasing volume.

FAQ

Has XRP Issued Warning in Context of Phishing Scam?

David Schwartz, the CTO of Ripple, tweeted a screenshot of a direct message he received on X lately, sent by X user @3YearLetterman. In his remarks, Schwartz informed the XRP community that if someone were to receive a direct message similar to this, “it is fake.”

What is the XRP Price Right Now?

At the time of writing, XRP is trading at $0.523.

For more up-to-date crypto news, you can follow Crypto Data Space.

Breaking Crypto News - XRP Price: Analyzing Ripple's Expanding Reach
Written by
lectertodd

Lectertodd is 25 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

Leave a comment

Leave a Reply

Related Articles

Crypto News- Ether and Meme Coins Lead the Recovery as Bitcoin Stays Muted

Here's a look at the latest price movements in the crypto markets...

Bitcoin Whales Liquidate $1B in BTC Over the Past Fortnight: CryptoQuant

Selling during this period aligns with net outflows observed from U.S.-listed bitcoin...

Crypto News – Stablecoin Transfer Volume Skyrockets: Surges 16-Fold Over Last 4 Years

The rise in stablecoin usage suggests increasing cryptocurrency adoption and a maturing...

Meme Coins and Macro: Peak Stress Among U.S. Credit Card Holders Since 2012

The increase in credit card loans overdue for more than 90 days,...