Ripple (XRP) noted the highest weekly gains in 2024 over the weekend as XRP holders celebrated the one-year anniversary of Judge Torres’ ruling in the SEC vs.
Ripple whales holding between 10 million and 100 million XRP tokens have accumulated the altcoin in the past two days. XRP whales added 300 million tokens between July 12 and 15, per Santiment data. XRP extended gains by nearly 3% on Monday, trades above $0.5300. Ripple noted the highest weekly gains in 2024 over the weekend as XRP holders celebrated the one-year anniversary of Judge Torres’ ruling in the SEC vs. Ripple lawsuit. XRP rallied to a peak of $0.5661 on Saturday, July 13.
7440 and the July 5 low of $0.3823. XRP/USDT daily chart A daily candlestick close under $0.5205 could invalidate the bullish thesis. XRP could then find support at the July 12 high of $0.4870, the lower boundary of a Fair Value Gap in the chart above. Bitcoin, altcoins, stablecoins FAQs What is Bitcoin? Bitcoin is the largest cryptocurrency by market capitalization, a virtual currency designed to serve as money.
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