Ripple legal fight begins, on-chain metrics positive, XRP hopes to return to $0.50

According to Santiment statistics, retail traders capitulated as Ripple transaction volume reached $3.96 billion on Monday.

Despite SEC vs. Ripple litigation advances, on-chain indicators support XRP recovery.

XRP lost roughly 1% on Wednesday, but technical signs anticipate a comeback.

Ripple (XRP) rose over $0.48 on Tuesday and remains above that level in Wednesday's European session. Transfer volume and Network Realized Profit/Loss (NPL) have become positive, indicating a Ripple altcoin rebound.

The US Securities and Exchange Commission (SEC) vs. Ripple case seeks securities law penalties. Ripple recommended $10 million in fines, but the SEC posted $102.6 million on May 29.



According to Santiment statistics, Ripple's on-chain metric transaction volume spiked to $3.96 billion on Monday, indicating trader interest in the asset.

Higher transaction volume increases chain activity and trader XRP demand. Transaction volume and Network Realized Profit/Loss (NPL) provide a detailed view of traders' profits and XRP's direction.


The NPL measure reveals XRP traders' repeated losses, indicating surrender. Capitulation occurs when traders sell at a loss, and the asset's price usually recovers.
NPL's huge negative spikes show XRP traders' weekly losses.


Combining the two data shows that large-volume transactions caused traders to lose, supporting the XRP capitulation theory. The altcoin may rebound shortly if history repeats.

After negotiating settlement payments, the SEC vs. Ripple litigation has no fresh developments.

Technical analysis: XRP targets $0.5330 resistance
Wednesday's XRP price is $0.4841. The daily chart's Moving Average Convergence Divergence (MACD) momentum indicator shows XR/USDT may rebound after losing roughly 1%.

The MACD line crosses above the signal line and has green histogram bars above the neutral line, supporting a bullish XRP thesis.

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