XRP is seen swiftly recovering from significant selling pressure that forced its value towards the $0.50 level, earlier this week.
As XRP faced immense selling pressure earlier this week, its value was driven towards the $0.50 level. However, XRP managed to swiftly recover from the selling pressure, showing a marked improvement from the low of $0.5101 that XRP tested on Thursday.
The improvement comes as the SEC announced its intention to appeal the court’s decision to allow Ripple to access internal SEC documents. XRP is still nursing a 9.5% loss in its weekly performance.
While the SEC’s action brought about a temporary setback in XRP’s ongoing bull run, market watchers like ModernInvest remain confident about XRP’s trajectory in this cycle.
In a recent analysis, ModernInvest argued that, given all the momentum in the XRP ecosystem, it would be odd for XRP to fail to reach at least $20.
XRP – The Leading Altcoin?
Despite the news of SEC’s appeal in the Ripple SEC case, the crypto has stayed in the green, while many experts view it as one of the leading altcoins.
Market analysts appear to have remained bullish on XRP price, as evidenced by their recent comments. Notably, a popular figure in the crypto market, BitBoy has recently praised the development of Bitwise filing for XRP ETF.
He shared that it could be a “game changer” for the crypto that the market was highly anticipating for a long period.
BitBoy Updates List Of Top Altcoins
He also shared his top altcoins pick for the “bull run”, which gained notable traction from investors.
He has updated the list of his top picks, stating that “Sometimes the best move is reshuffling your picks.”
He stated that if the XRP ETF gets approved and Ripple goes ahead with an IPO plan, then it would help the crypto to remain at the top place of this cycle.
The bullish outlook has flashed optimism in the market, especially after Bitwise’s ETF filing recently. Investors are on the edge and are keeping close track of the legal battle.
XRP Price Soars Amid Cross-Appeal Speculations
Ripple CLO Stuart Alderoty has recently slammed the agency, saying that the firm might consider a potential cross-appeal in the case.
XRP is currently trading at $0.5324. The crypto has touched a high of $0.5384 and a low of $0.5172 in the last 24 hours.
The above is the detailed content of XRP Price Soars Amid Cross-Appeal Speculations. For more information, please follow other related articles on the PHP Chinese website!

The trader believes that the XRP cryptocurrency could regain ground if BTC manages to bottom out in the near future.

XRP and Stellar (XLM) are often considered competitors in the cryptocurrency market due to their shared focus on revolutionizing the financial industry.

The XRP community faced disappointment yesterday as the coin’s price took a dramatic dive. According to CoinMarketCap, the token fell below $0.60

August is shaping to be a significant month for the cryptocurrency market, with several token unlock events. These events are expected to involve nearly $1B worth of tokens becoming available.

XRP瑞波币价格爆炸还是崩盘?瑞波币价格预测!XRP瑞波币价格怎么样?XRP瑞波币未来价格是涨是跌?XRP瑞波币适合长期持有吗?下面一起看看吧!长期持有的瑞波币(XRP)在5月16日更改了地址,这通常是市场变化的迹象。XRP价格上涨至20日均线上方,目前价格为0.52美元。ElderRay指数和资金流量指数等积极指标表明潜在的反弹可能会将价格推至0.53美元或0.57美元。瑞波交易者做出有计划的举动,XRP性能的链上评估显示5月16日“消耗时间”指标显着增加。当天,该指标的价值为2

许多批评者对其中心化、代币分配和监管不确定性表示担忧。本文考虑了所有这些因素以及更多因素,为您提供2024 年至 2030 年XRP 价格预测。

XRP币,全称Ripple币,是一种基于区块链技术的加密货币,由Ripple公司创建,于2013年推出。XRP币主要用作跨境网络的结算、交换和流动资金。XRP币的优势包括:高速度和低费用:XRP币的网络可以处理每秒数千笔的速度,同时提供非常低的费用。可扩展性:XRP币的网络可以无限扩展,使其成为一个非常可扩展的平台。安全性:XRP币的网络使用安全加密算法,使其非常安全。XRP币的风险和挑战包括:监管风险:XRP币是一种加密货币,可能会面临监管风险。竞争风险:XRP币面临着众多其他加密货币的竞争,

XRP was recently upgraded to 50x growth on a legal win, while the highest estimates for top altcoin Rollblock are up to x100 on its presale blowout.

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

AI Hentai Generator
Generate AI Hentai for free.

Hot Article

Hot Tools

Atom editor mac version download
The most popular open source editor

mPDF
mPDF is a PHP library that can generate PDF files from UTF-8 encoded HTML. The original author, Ian Back, wrote mPDF to output PDF files "on the fly" from his website and handle different languages. It is slower than original scripts like HTML2FPDF and produces larger files when using Unicode fonts, but supports CSS styles etc. and has a lot of enhancements. Supports almost all languages, including RTL (Arabic and Hebrew) and CJK (Chinese, Japanese and Korean). Supports nested block-level elements (such as P, DIV),

SublimeText3 Linux new version
SublimeText3 Linux latest version

VSCode Windows 64-bit Download
A free and powerful IDE editor launched by Microsoft

ZendStudio 13.5.1 Mac
Powerful PHP integrated development environment
