Bitcoin ( BTC) in Ripple, which came to a critical price threshold with testing $ 25 thousand 350 ( XRP) what’s the latest status?
SECin trouble with Binance led to a serious depreciation in the cryptocurrency market. Almost all altcoins have shown a bearish trend compared to the last 24 hours. Likewise, Ripple, whose lawsuit with the SEC continues ( XRP ), touched an important support range. For now, XRP, which has found strength in this area, has turned its course upwards. But could these spikes be a temporary reaction? We evaluated the XRP chart.
Can Ripple (XRP) Rise?
Testing the support area with the sudden drop of BTC, XRP bounced from this point to $ 0.506. Currently pricing just below the resistance area, the major coin could climb to $0.557 and $0.5857 if it surpasses $0.5153. The SEC’s increasing pressure continues to put projects in a difficult position.
Therefore, developments in the XRP-SEC case can directly affect the XRP price. The levels that can be followed as support for XRP are $0.49 – $0.44 – 0.42 and $0.35, respectively. From these points, the receiver response can be observed.
