Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => XRP - Ripple Forum => Topic started by: Coinpedia Fintech News on May 17, 2023, 01:04:41 PM
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The latest update from the court dismissing the plea of the SEC to seal Hinman’s speech documents has boosted the XRP price, which was stuck within a very narrow range till now. The price soared by nearly 10% to mark the intraday high at $0.4616. However, it is witnessing some bearish action at the moment, which is believed to be eliminated in a short while, paving the way to resume a fine upswing soon.
The XRP price has been manifesting acute strength ever since the possibility of a final ruling emerged at the end of Q1 2023. The price soared high to reach $0.58 but quickly fell into a deep bearish trend as the ruling differed further. However, the recent updates on the lawsuit have eventually induced confidence within the XRP army, which appears to be extremely confident in the XRP price rally ahead.