• Home
  • Ripple
  • XRP
  • Contact Us
XRP News
No Result
View All Result
XRP News
No Result
View All Result

XRP Struggles to Stay at $1 – Vartanian Comments on Ripple’s Case

Gaurav Roy by Gaurav Roy
August 15, 2021
Home Ripple
Share on FacebookShare on Twitter

California, USA – XRP tries to hit and stay in the price of $1 to $1.12 as it suggests a bull run now. As the price copes up from the previous drop, the lawsuit filed against Ripple continues, and Vartanian, the former Financial Regular of SEC, comments about the case.

XRP struggles to go near the supply zone and staying at $1.00 to $1.12. The buying interest was strong from its lower levels, while the rally encompasses $1.09.

After having a bullish moment, this digital asset traded under the supply zone, coping from the lower levels. It tries to hit moving averages or MA of 20, 50, 100 and 200-day lines without any struggle. However, the monthly chart’s volume is lower compared to its bullish moment, which is why it has to boost in the following sessions. The support level is $0.78 and $0.69, while the resistance level is $1.12 and $1.24.

As the price of XRP tries to bounce back, the US SEC or Security Exchange Commission’s case against Ripple continues to heat up. The former Financial Regulator, Thomas P. Vartanian, commented on the ongoing case.

XRP Struggles to  Stay at 1 Vartanian Comments on Ripple s Case
Vartanian comments that a laborious evaluation is necessary for this case.

Vartanian is a fintech futurist, and he’s the author of the book entitled “200 Years of American Financial Panics: Crashes, Recessions, Depressions, and the Technology that Will Change It All.” He predicts the finance’s future through past studies, and he’s got a say on the case of Ripple and SEC.

As per Vartanian, it’s necessary for a demanding evaluation of cryptocurrency products’ essential funding characteristics.

According to Forbes, he explained how the case of Ripple and SEC is tangible proof that governmental fascination with technology.

Vartanian suggested the action of SEC to go past the ordeal and focus on the evaluation.

gaurav roy xrp news | XRP & Ripple News
Gaurav Roy
Tags: bullish movecrypto marketcrypto tradingcryptocurrencydigital assetfinancegovernmentlawsuitmoving averagespartnershippredictionresistance levelSECsupport level
Gaurav Roy

Gaurav Roy

Gaurav is an expert when it comes to Cryptocurrency, writing for some of the biggest Cryptocurrency websites out there.

Next Post
Ripple Whales’ Comeback Targets to Push XRP Price Higher Than $1

Ripple Whales’ Comeback Targets to Push XRP Price Higher Than $1

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

  • XRP Price Maintains Rally Hopes as DOGE Breaks Down March 6, 2025
  • XRP price to $18K? — One crypto ‘research’ group says it’s possible March 6, 2025
  • Research Group Predicts XRP at $18K—Too Good to Be True? March 6, 2025
  • Blockchain Investigator Finds 2.7B XRP in Dormant Wallets—Tied to Ripple Co-Founder? March 6, 2025
  • XRP Price Watch: XRP Holds Steady, But Is a Big Move Coming? March 6, 2025

Chat with our XRP expert!

XRP News – Keeping You Up To Date With All Things XRP & Ripple

In the rapidly evolving world of digital finance, XRP stands out as a pioneering force, reshaping the landscape of cryptocurrency and blockchain technology. As a core product of Ripple Labs, XRP is not just a digital currency; it’s a breakthrough in how we perceive and engage with global financial transactions. This article delves into the essence of XRP, exploring its distinctive features and the reasons behind its growing popularity.

Unmatched Transaction Speed

One of the most compelling attributes of XRP is its unparalleled transaction speed. In a world where traditional banking can take days to process cross-border payments, XRP offers a stark contrast with its ability to settle transactions in mere seconds. This efficiency is a game-changer for both individuals and businesses, ensuring that funds are transferred quickly and seamlessly around the globe.

Low Transaction Costs

Another significant advantage of XRP is its incredibly low transaction fees. Compared to other major cryptocurrencies and traditional banking methods, XRP stands out for its cost-effectiveness. This feature makes it an attractive option for micropayments and regular international transfers, offering a more affordable solution for everyday transactions.

Scalability and Sustainability

Scalability is a critical factor in the cryptocurrency world, and XRP excels in this aspect. Designed to handle a large volume of transactions without compromising speed or cost, XRP is well-equipped to meet the demands of a growing digital economy. Additionally, its consensus protocol is less energy-intensive than the traditional proof-of-work used by many cryptocurrencies, making XRP a more environmentally sustainable choice.

Broadening Financial Access

XRP is not just a tool for efficient transactions; it’s a catalyst for financial inclusion. By simplifying and reducing the cost of cross-border payments, XRP has the potential to open up global markets to individuals and businesses who previously found these transactions prohibitively expensive or complex. This democratization of financial services is a cornerstone of XRP’s vision.

The Ripple Effect

Ripple Labs, the company behind XRP, is continually expanding its partnerships with financial institutions worldwide. These collaborations are not only a testament to the reliability and practicality of XRP but also a driver for its adoption in mainstream finance. As more banks and payment providers integrate XRP into their systems, its impact and relevance continue to grow.

A Community of Innovators

The XRP community is a vibrant and dynamic force, comprising developers, entrepreneurs, and enthusiasts. This community is at the forefront of exploring new use cases for XRP, pushing the boundaries of what’s possible in the realms of digital payments and blockchain technology.

  • Home
  • Ripple
  • XRP
  • Contact Us

2023, XRPNews.com

No Result
View All Result
  • Contact Us
  • HTML Sitemap

2023, XRPNews.com