{"id":291343,"date":"2021-06-07T11:48:10","date_gmt":"2021-06-07T15:48:10","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=291343"},"modified":"2021-06-07T11:48:10","modified_gmt":"2021-06-07T15:48:10","slug":"ripple-xrp-price-at-0-961-as-100-looms-where-to-buy-xrp","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/ripple-xrp-price-at-0-961-as-100-looms-where-to-buy-xrp","title":{"rendered":"Ripple XRP Price at $0.961 as $1.00 Looms \u2013 Where to buy XRP"},"content":{"rendered":"<p>Ripple&rsquo;s <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-ripple\">XRP<\/a> did not start the year well after the US Securities and Exchange Commission (SEC) took the company to court.<\/p>\n<p>The financial market regulator <a href=\"https:\/\/www.sec.gov\/news\/press-release\/2020-338\">charged Ripple&rsquo;s executives<\/a> with selling unregistered securities totalling $1.3 billion.<\/p>\n<p>However, Ripple has been making a strong case against the SEC. After the case was filed, the token slumped to $0.2, but in April 2021, it reached $1.00.<\/p>\n<p>However, Ripple&rsquo;s impressive growth was again disrupted in the May market meltdown, pushing the token back below $1.00. XRP is now fighting to maintain its price levels at around $1.00. At the time of writing, XRP was trading at $0.9461.<\/p>\n<h2>XRP&rsquo;s Price Analysis<\/h2>\n<p>Analysing XRP&rsquo;s price, the coin has moved past the support level of $0.90, as seen in the chart below. XRP is likely to gain momentum this week, and this may not only push it past $1.00, but it could even reach $1.20. However, this will still be below the major resistance price of $1.30.<\/p>\n<div class=\"su-button-center\"><a href=\"https:\/\/insidebitcoins.com\/visit\/etoro-news\" class=\"su-button su-button-style-3d\" style=\"color:#FFFFFF;background-color:#1d44bb;border-color:#183796;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px\" target=\"_self\" rel=\"nofollow\"><span style=\"color:#FFFFFF;padding:0px 26px;font-size:20px;line-height:40px;border-color:#617dd0;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px;text-shadow:none;-moz-text-shadow:none;-webkit-text-shadow:none\"> Buy Ripple XRP Now<\/span><\/a><\/div>\n<figure style=\"width: 1158px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/VBcNsiON\/\" width=\"1158\" height=\"654\"><figcaption class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p>For Ripple to break past the $1.00 mark, it needs support from the broader crypto market. However, if it maintains its value above $0.90, it may prevent a major selloff that could pressure the price lower.<\/p>\n<h2>Ripple Making Great Wins<\/h2>\n<p>One of the major factors helping XRP&rsquo;s price gains is the major wins by Ripple against the SEC. A few weeks back, the firm won a lawsuit that prohibited the SEC from accessing the legal communications of the company. That win alone propelled XRP&rsquo;s prices by around 13%, and the coin approached $1.00.<\/p>\n<p>Last week, the firm <a href=\"https:\/\/www.dropbox.com\/s\/3z2q5ybulvnll61\/Motion%20to%20Compel%20Internal%20Documents.pdf?dl=0\">filed<\/a> a motion that requested the SEC to submit documents that had been previously requested. The documents will help to establish why the SEC classifies XRP as a security and not as a currency or commodity as it does with <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-bitcoin\">bitcoin<\/a> and <a href=\"https:\/\/insidebitcoins.com\/buy-ethereum\">ethereum<\/a>.<\/p>\n<p>More positive tailwinds came from a recent <a href=\"https:\/\/www.coindesk.com\/ripple-waiting-for-sec-suit-resolution-before-going-public-says-ceo\">interview<\/a> during the CoinDesk Consensus 2021 conference, Ripple&rsquo;s CEO, Brad Garlinghouse, announced a high likelihood of the company going public. However, he added that the listing would only happen after the case with the SEC was resolved. The news pushed the XRP&nbsp; price 14% higher.<\/p>\n<p>Ripple also has a unique market position, given that its business model does not primarily mainly revolve around decentralized finance focused on individual consumers and investors, but rather in transforming traditional financial markets by providing services to corporate entities, particularly in cross border transactions.<\/p>\n<p>Therefore, the XRP token is expected to withstand strong future market turmoil, especially if it achieves the critical role of being used as a bridging currency for CBDCs, as detailed in the <a href=\"https:\/\/ripple.com\/files\/ripple_consensus_whitepaper.pdf\">Ripple whitepaper<\/a>.<\/p>\n<p>Key to XRP&rsquo;s long-term success is the adoption of RippleNet by financial institutions &ndash; XRP is the liquidity token of the RippleNet value transfer system, designed with large cross-border payments in mind, such as those made by firms between their various multinational entities or third parties.<\/p>\n<h2>How to buy XRP<\/h2>\n<p>With XRP expected to reach $1.00, it could be the ideal time to purchase the coin. You can buy XRP from a cryptocurrency exchange. The exchanges that currently support XRP include:<\/p>\n<h3>eToro<\/h3>\n<p>The most popular exchange where you can go to and buy XRP is <a href=\"https:\/\/insidebitcoins.com\/cryptocurrency-exchanges\/etoro-review\">eToro<\/a>. The crypto exchange is available in many countries and offers competitive trading fees. The exchange also offers copy-trading services that will allow you to mimic the strategies being used by experienced traders.<\/p>\n<p>To get started on eToro, create an account with your details, verify the details, deposit funds into the account, and you can start buying the coin.<\/p>\n<p style=\"text-align: center\"><strong>Looking to buy or trade Ripple (XRP) now? Invest at eToro!<\/strong><\/p>\n<div class=\"su-button-center\"><a href=\"https:\/\/insidebitcoins.com\/visit\/etoro-news\" class=\"su-button su-button-style-3d\" style=\"color:#FFFFFF;background-color:#1d44bb;border-color:#183796;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px\" target=\"_self\" rel=\"nofollow\"><span style=\"color:#FFFFFF;padding:0px 26px;font-size:20px;line-height:40px;border-color:#617dd0;border-radius:0px;-moz-border-radius:0px;-webkit-border-radius:0px;text-shadow:none;-moz-text-shadow:none;-webkit-text-shadow:none\"> Buy Ripple XRP Now<\/span><\/a><\/div>\n<p style=\"text-align: center\"><em>75% of retail investor accounts lose money when trading CFDs with this provider<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">Ripple\u2019s XRP did not start the year well after the US Securities and Exchange Commission (SEC) took the company to court. The financial market regulator <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/ripple-xrp-price-at-0-961-as-100-looms-where-to-buy-xrp\" title=\"Ripple XRP Price at $0.961 as $1.00 Looms \u2013 Where to buy XRP\">[&#8230;]<\/a><\/div>","protected":false},"author":1717,"featured_media":261057,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7596],"tags":[7928,9591,8195,7625],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.0 (Yoast SEO v22.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ripple XRP Price at $0.961 as $1.00 Looms \u2013 Where to buy XRP<\/title>\n<meta name=\"description\" content=\"Ripple XRP did not start the year well after a case filed by the US Securities and Exchange Commission (SEC).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/291343\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ripple XRP Price at $0.961 as $1.00 Looms \u2013 Where to buy XRP\" \/>\n<meta property=\"og:description\" content=\"Ripple XRP did not start the year well after a case filed by the US Securities and Exchange Commission (SEC).\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-07T15:48:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/05\/ripple-e1623415809188.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"517\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ali Raza\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ali_r1272\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ali Raza\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/291343#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/291343\"},\"author\":{\"name\":\"Ali Raza\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/542f9bb7fcd1a45cdfd54e377a73fb2d\"},\"headline\":\"Ripple XRP Price at $0.961 as $1.00 Looms \u2013 Where to buy XRP\",\"datePublished\":\"2021-06-07T15:48:10+00:00\",\"dateModified\":\"2021-06-07T15:48:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/291343\"},\"wordCount\":661,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"keywords\":[\"Ripple XRP\",\"RippleNet\",\"Securities and Exchange Commission\",\"XRP Price\"],\"articleSection\":[\"Breaking Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/291343#respond\"]}],\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/291343#primaryimage\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/291343\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/291343\",\"name\":\"Ripple XRP Price at $0.961 as $1.00 Looms \u2013 Where to buy XRP\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/#website\"},\"datePublished\":\"2021-06-07T15:48:10+00:00\",\"dateModified\":\"2021-06-07T15:48:10+00:00\",\"description\":\"Ripple XRP did not start the year well after a case filed by the US Securities and Exchange Commission (SEC).\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/291343\"]}],\"primaryImageOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/291343#primaryimage\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/291343#primaryimage\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/insidebitcoins.com\/#website\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"name\":\"InsideBitcoins.com\",\"description\":\"Search &amp; 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