Despite concerns about a potential price collapse due to the SEC's appeal in the Ripple lawsuit, XRP has managed to stay above $0.52. The SEC's notice of appeal triggered anxiety within the XRP community and led to a 10% drop in the token's value. However, XRP quickly recovered and has sustained its support at $0.52. This resilience has led some to believe that the SEC's appeal will not significantly impact XRP's price performance. Analysts have varying price predictions for XRP, with some expecting consolidation between $0.43 and $0.67 until Bitcoin makes a price discovery, while others anticipate a surge of over 800% to $4.23 based on historical patterns.
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