Ripple XRP In a long-running lawsuit, the SEC is suing the firm. The lawsuit is still dragging out and there’s no date for its conclusion. The price of XRP dropped in the market as a direct result of the pivotal decision.
Comparing XRP to altcoins, it hasn’t been as strong. The price of XRP has dropped by 0.8% in the last 24 hours, trading at $0.5174. In the last seven days, the price of XRP fell by 0.7%. It has fallen 14.9% during the last thirty days. Ripple is down 0.7% over the last 7 days and 14.9% in the past 30.
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Price prediction of XRP for the weekend
Experts in Cryptocurrency at Changelly Price predictions for RippleXRP have been made by analysts for the weekend. Analysts believe that XRP will not reach $1 this weekend. Analysts predict XRP will reach $0.668, a minimum, and $0.707 as a maximum.
XRP reached a price as high as $0.8875, after a US court ruled that XRP does not qualify as a security. Ripple’s price rose, while several exchanges listed XRP again. The price, however, has plummeted. The entire cryptocurrency market seems to have a negative performance in comparison with Ripple.
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Ripple’s regulatory status has been clouded by the SEC lawsuit.
Ripple’s recent legal wins have shifted the balance of power in favor of Ripple. There is renewed hope for a resolution. Technical alignment indicates traders will return to this volatile but highly-rated asset now that XRP has a more certain outlook.
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Source: watcher.guru