The post Will XRP Hit $0.8 Soon? appeared on BitcoinEthereumNews.com.

XRP Price Forecast: XRP has recently experienced a notable surge in its price, rallying above the $0.54 level. This increase marks a significant uptick of 2.17% within the last 24 hours, bringing the current XRP price to $0.5407. The market capitalization of XRP now stands at approximately $29.97 billion, securing its position as the seventh-largest cryptocurrency by market cap. The trading volume over the past 24 hours, however, has seen a substantial decline of 60.72%, with the total volume dropping to $904.2 million.  XRP Price Forecast: Potential for Further Gains XRP price has been oscillating between $0.45 and $0.48. Despite market fluctuations, XRP has shown resilience, with a surge of more than 3%. Additionally, in the previous month, XRP surged by over 10%, demonstrating its potential for growth amidst a volatile market.  This steady performance highlights investor confidence and suggests that XRP could be poised for further gains in the coming weeks. Lido DAO Price Prediction The Coinbase appeal to the court for permission to file an interlocutory appeal with the 2nd Circuit has sparked significant discussions. Pro-XRP lawyer MetaLawMan has shared his views on this development. MetaLawMan praised Coinbase’s arguments in their SEC lawsuit, emphasizing the potential to expedite crucial questions about the SEC’s authority. He commended Coinbase’s legal team for presenting a compelling case, noting the inevitability of the issue reaching the 2nd Circuit. The lawyer highlighted that while the timing and specific cases presenting the issue remain uncertain, the core question of whether digital assets traded on exchanges are securities will be addressed. This appeal could fast-track the legal process, bringing much-needed clarity to the digital asset industry. Technical Indicators and Future Outlook The bullish momentum for XRP has remained steady, consistently holding above the crucial $0.53 level. This stability hints at a possible climb to the…

---

Filed under: News - @ May 25, 2024 7:10 pm