Ripple Price Prediction: XRP Holds Up, The latest update about Ripple XRP
 |
| Ripple Price Prediction: XRP Holds Up, The latest update about Ripple XRP |
Since July 13, Ripple has been aggressive, gaining 21%. However, after yesterday's gain of 6.5%, today's trading activity has entered a price correction of 1.5%.
Ripple has been in the United States for the past few months. He got into a fight with the Securities and Exchange Commission (SEC), which contributed to his downfall. According to the lawsuit, the SEC has accused the Ripple platform of illegally trading XRP. The lawsuit alleges that Ripple sold approximately $1.4 billion worth of XRP tokens as securities.
UPCOMING TOPICS
According to the latest reports, Ripple's CEO has indicated his intention to exit the US market. If the case is against them, the market. The chief said in an interview with the Associated Press, but said he expected the jury to decide.
Regardless of insurance policies, however, there seem to be some major XRP token buyers. This includes Ripple founder Jed McCaleb, who confirmed this week that Ripple has sold all of its assets. Although McCaleb has been selling his stock for years, the recent release of all of his assets could still be seen by some Ripple investors as a lack of confidence in the pending judge's ruling against the SEC.
Estimate the prices
While Ripple is priced on a worrying basis, I expect this trend to continue with prices rising more than 20% in a week. We see that the price is rising and is likely to reach the $0.41 level. The daily trading data also shows that prices are rising, today's session may end with higher prices in the market.
However, if the price moves above the $0.33 level, my analysis would be invalid. This also means a downward trend.
Social Plugin