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$XRP Holders, take note! ! !
Ripple rises 40%, rebound rekindles hope of $1 ! !
According to CoinMarketCap data, XRP price broke through $0.6 in one fell swoop on Wednesday, and rose another 4.2% in 24 hours, with a strong rebound momentum.
Looking back at July, XRP performed amazingly, with a monthly increase of 52%, successfully reversing the earlier sluggish trend. You know, this coin was stuck at around $0.5 for several months before, and it didn't move at all. Now, with the lawsuit with the SEC about to end, XRP seems to be soaring!
Everyone is watching, just looking forward to the day of settlement, when XRP can pull up onions from dry land and rush to $1. However, when will this lawsuit be settled? It is said that the SEC and Ripple will have a closed-door meeting on July 18, but the former SEC lawyer said that this is just a stop in the litigation process. However, many people in the industry speculate that this matter will be resolved this month.
Some experts have also said that the lawsuit may be settled on July 31. As soon as this news came out, the price of XRP rose sharply. After all, the crypto circle has long been spread, and once the lawsuit is over, the price of XRP will definitely soar.
Let's take a look at Ripple's actions. Recently, 150 million XRPs were transferred, worth more than 87 million US dollars. This operation has added fuel to the market. Remember, they did the same on July 10. Every time there is a large transaction, the market becomes agitated. This time, the rebound of XRP may have this factor in it.
The bull market is back, and the callback of Bitcoin is a good opportunity to enter the market. Next, I will prepare some currencies suitable for bottom-fishing. If you get lost, come and find the way! From now on, the expected return will be more than 5-10 times by the end of the month! Comments I want to follow 888
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