Ripple Lawsuit: Legal Hurdles Delay XRP Price Recovery

Ripple’s ongoing legal battle with the Securities and Exchange Commission (SEC) continues to cast a shadow over the cryptocurrency market, causing recent fluctuations in XRP price. Despite an optimistic outlook in the altcoin space as a whole, Ripple experienced a 16% price increase in the past month. However, this success was countered by competitors like Ethereum, Solana, and Dogecoin who saw much higher gains (ranging from 3% to 50%). A technical analysis expert predicts XRP could retreat if critical levels are breached, potentially reaching the $2.19 to $1.79 support range.