The post Ripple (XRP) News: Analyst Predicts SEC Appeal Denial in Ripple Lawsuit Will Send XRP Price to New Highs appeared first on Coinpedia Fintech News
XRP Price has experienced a resurgence, climbing back above the 50-cent mark within the past 24 hours, trading at approximately $0.5078 during the early Asian market hours on Tuesday. This resurgence has sparked optimism for a new bullish momentum, despite a recent correction that erased the gains made following the July summary judgment. While there has been a prevailing short-term bearish outlook, the sustained interest in digital assets by both institutional investors and retail traders, driven by concerns about high inflation and interest rates, has effectively prevented a crypto market downturn.
I’m long $XRP.
The USD chart has found solid support after completely retracing to the pre July SEC news levels, while the BTC pair is on the verge of a HTF breakout.
Considering the SEC’s track record this year in cases against c
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