After Ripple’s victory against the SEC, the XRP price gained close to 2 times in a short time, while the eyes were turned to the level of 3 dollars.
The lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple was settled in Ripple’s favor after the decision by the judge. With the announcement of the decision, the XRP price will be released in a short time. 2x rise performed performance. More than two years of litigation positive With the end of the year, XRP investors 3 dollar band locked.
Will XRP be $3 again?
According to CoinGecko data, with the effect of news flow 81% rising XRP, $0.476 from the level $0.865 reached. After this sudden rise, investors keep their eyes on the all-time high (ATH). $3.40 turned it. XRP, $3.40 price level finally January 7, 2018 had seen in its history.
After the summit, XRP, which fell a bit with the general crypto money market, almost crashed with the lawsuit filed by the SEC. $0.145 had fallen. About the next bull run up to $2 XRP, which reached its highest level despite the rise experienced below 76% is being traded.
Market analysts, positive developments It will push the XRP price up. While many agree on the 1 dollar first level of psychological resistance stressed that it would appear.
Analysts, the price of closings above the psychological resistance in the $ 1 band is in the short term. 1.5 dollars He said he could take it to that level. If the positive mood in the market continues XRP price to reach ATH level Analysts waiting for such a rise That the $3.40 band can also be broken stated.
On the other hand, if the XRP price pulls back, the important support zone $0.53-0.55 dollars levels were emphasized.
XRP, at the time of writing, according to CoinGecko data $40 billion It ranks fourth among all cryptocurrencies by market capitalization. from $0.781 finds buyers.