The post XRP Price Heads Toward Crucial Resistance At $0.8 – Here’s What Could Be The Next Move appeared first on Coinpedia Fintech News
After a partial victory against the SEC, XRP experienced a price boost, but concerns over a potential SEC appeal caused a swift drop. Now, the tide is shifting again. Judge Sarah Netburn recently directed Ripple Labs and the SEC to propose dates for a potential settlement conference. This development has rekindled optimism among investors, leading to a resurgence in XRP’s price. The future of XRP is now closely tied to the outcome of this legal dispute, making it a cryptocurrency to watch in the coming weeks.
XRP Experiences Increased Bullish Activity
Bitrue recently reported a significant surge in the notional value of open interest for the XRP token, indicating a bullish sentiment among its users. The notional value of open interest, which represents the total value of outstanding contracts in a futures market, soared from under $200 million
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