The price of XRP experienced a less severe drop following the SEC's announcement to appeal the favorable rulings in the Ripple lawsuit compared to the sell-off that occurred in December 2020 when the lawsuit was initially filed. Despite the appeal, XRP's price has already recovered from the drop and is currently trading at $0.5323, up 1.67% over the past day. Proponents of XRP remain confident in its potential to rally to $6, with market pundit Bobby A predicting a price of $4.23 and an analysis suggesting a potential rise to $6 by January. However, the outcome remains uncertain.
- Content Editor ( thecryptobasic.com )
- 2024-10-13
XRP Could Reach $4 to $6 as it Only Dropped to $0.51 After SEC Appeal, Compared to 70% Crash in 2020