Ripple (XRP) Adds Over 7% In Value While Others Bleeding In Market.

Massive losses were caused by the May market crash, and its subsequent bearish trend. The negative effect of the Ethereum merger was not expected. Since September 15, the crypto market has seen more rallies than pullbacks.

Many analysts, especially Ethereum supporters, hyped the merge, making others believe it’ll reverse the market. After the upgrade Ether and all other cryptos fell, unfortunately. Just a few seconds after the upgrade, Bitcoin even lost $1000. 

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Red is the market

Many cryptocurrencies went red on September 19. They were showing a 1 hour price rise, 24 hours and 7 day trend. More panic was felt by the crypto market as the top cryptocurrency started the day in red. BTC fell 2.38%, bringing its weekly losses up to 13.58%. 

On the same day, massive liquidity across all exchanges was also observed totaling $432 million. Now, many cryptocurrency assets are continuing their bearish trend. 

Bitcoin gained 1.72% within 24 hours. This reduced its weekly losses by 10.90%. The TradingView chart shows that the price remains in red.

Bitcoin lost control of $19K today. After some percentage gains, Bitcoin regained its footing but dropped to $18,968. The last hour saw a loss of 0.15%. CoinMarketCapHowever, the price of the coin is currently in the red. It may fall further before the market closes.

Ethereum’s value has risen by 1.03% over 24 hours. The current Ethereum price is $1,352, a 0.3% loss from the previous day. 

Others coins like the USD Coin and Binance USD are also red, as is Polkadot and Cardano. Ripple is the champion of the winners in less than 24 hours, while all the rest bleed.Source: XRPUSD price chart from 

Ripple’s XRP is currently trading above $0.40. | Source: XRPUSD price char from

In Fall, Ripple Prices Increase


Ripple XRP has the highest price gain today (September 20). The cryptocurrency is trading currently at $0.4075. This represents a 5.2% rise in just 24 hours. XRP gained momentum in the early hours today by adding more each hour. 

XRP’s 7-day price increase is also impressive. Over 22% has been earned by XRP in the past seven days, which is more than Tether and BNB. Tracing Ripple’s price from July to September, it has remained firm at a price between $0.3733 and $0.3421. 

Ripple fell, just like many cryptos. It closed at $0.3256 on the merging day. It rebounded the next day at $0.35677, and continued its climb up until September 20th when it reached $0.40.

Ripple’s Rise: What’s Behind It

The force pushing Ripple may be ruling for now in the case against SEC. According to the September 19th report, it was nearing a close. The parties called for an urgent ruling by a federal judge. 

Similar Reading: Three Experts Discuss Bitcoin’s Price. Will $19,000 Make or Break It?

Both parties now have sufficient evidence to support their cases, as shown by this recent event. Ripple maintains that it didn’t violate any securities laws in the United States. Ripple’s community was assured that it would be ruled on the matter within two years.

A few community members took to Twitter to express their dismay, possibly changing market sentiment towards XRP in a positive direction.

Featured image taken from Pixabay. Chart from

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