XRP heads for best weekly close since July
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If gains continue this week, it will be XRP's first green week since September, when it had two green weeks in a row between Sept. 18 and Sept. 25. However, during these two weeks, the gains were 1.95% and 4.40%, respectively. It is indeed a winning week for XRP and Ripple in particular after the SEC Thursday night dropped claims against two Ripple Labs executives — CEO Brad Garlinghouse and co-founder Chris Larsen — in its lawsuit alleging the company violated U.S. securities law.XRP saw a rise to a high of $0.524 on Oct. 19 in the wake of the news, but it has since pared off the gains.Following a significant increase on Oct. 19, the price of XRP is caught between its moving averages of MA 50 and MA 200, at $0.
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