CDS Crypto News XRP Price Forecast: Anticipating the Next 48 Hours
Crypto News

XRP Price Forecast: Anticipating the Next 48 Hours

The price of Ripple (XRP) climbed 2.26% over the past 24 hours and stood at $0.6875 as a result.

318
XRP Price Forecast Anticipating the Next 48 Hours

Crypto News– CryptoLaw’s founder, John Deaton, has outlined a scenario that could result in a 99.9% victory for Ripple in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). In a post, Deaton refuted claims suggesting that the SEC has a 50-50 chance of winning the lawsuit and instead argued that the odds are more in Ripple’s favor, around 90-10. He even suggested that the chances of legal victory could soar to 99.9% if Ripple ends up paying penalties of $20 million or less.

XRP Price Forecast: Anticipating the Next 48 Hours

XRP Price Forecast Anticipating the Next 48 Hours

Ripple (XRP) currently holds the fifth position in the cryptocurrency market based on its market capitalization, as per CoinMarketCap. Over the last 24 hours, XRP has seen a 2.26% increase in price, reaching $0.6875 at the time of writing. This surge has pushed its total market capitalization to approximately $36.863 billion.

XRP Price Forecast Anticipating the Next 48 Hours

The 24-hour price increase adds to XRP’s positive performance for the week, with the token showing a gain of over 19.8% over the past 7 days.

In addition to the price increase over the past 24 hours, XRP has also witnessed a significant uptick in its daily trading volume. According to CoinMarketCap data, the trading volume has surged by 41.30% to reach $3,358,890,497 at the time of reporting.

XRP Price Forecast: Anticipating the Next 48 Hours
Sources:coinedition

Leave a comment

Leave a Reply

Related Articles

ME Token Airdrop: A Major Move for Solana and Magic Eden Users

Get ready for the ME token airdrop on December 10! Find out...

Dogecoin Hits One-Week High as Altcoins Surge in Crypto Market

Dogecoin, XRP, Stellar, and Cardano are experiencing significant price surges, with XRP...

Record Spot ETF Inflows Soar Past $1B as Price Approaches $100K Milestone

Record ETF Inflows Soar Past $1B as Price Approaches $100K Milestone

UK Regulatory Framework: UK to Draft Crypto Regulations as EU’s MiCA Rules Take Effect

UK Regulatory Framework: UK to Draft Crypto Regulations as EU's MiCA Rules...