Global #XRP

Even if the much anticipated Bitcoin (BTC) halving event hasn't had a big impact on the cryptocurrency market yet, certain of its assets—some of which are still available for less than $1 per wholecoin—represent an excellent buying opportunity this week.

Due to regulatory pressure brought on by the ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC), XRP was unable to benefit from the 2024 cryptocurrency market boom and, despite multiple breakout attempts, was unable to achieve considerable growth.

David Schwartz, the Chief Technology Officer of Ripple, responds to rumors circulating in the community over his riches in the volatile realm of cryptocurrencies.

The price of XRP is having difficulty rising above the $0.5140 barrier. In order to try a new climb in the near future, the price needs to remain above the $0.4550 support.

Santiment data shows that in just two days, the trading volume of XRP was halved. XRP had a $4.87 billion volume on April 14. However, the figure had dropped to $2.43 billion as of this writing.

Over the past day, the price of Ripple [XRP] has dropped once more, casting doubt on the company's prospects in the cryptocurrency space.