XRP is currently trading around $0.59 and is showing signs of recovery from its recent decline. There has been bullish momentum over the past few weeks, especially when the price is above the key support level of $0.57. The main factor influencing XRP’s recent price action is the uncertainty surrounding the SEC’s possible appeal of the case against Ripple. If the SEC fails to file an appeal by October 7, analysts are forecasting XRP to rise, possibly reaching a range of $0.65 to $0.95 in the coming months. (FXEmpire) (FXEmpire)

For XRP holders, the next week will be critical. If the SEC does not appeal, the price may head to $0.65 and above. However, if the appeal is filed, a downward correction is possible, and the support level may fall to $0.50 (FXEmpire) (Cryptonews).

In the long term, institutional investors continue to show interest in XRP, and large holders (whales) continue to accumulate the token, indicating confidence in its future, especially as the regulatory situation improves​(FXEmpire)​(FXEmpire).

It is now important for XRP holders to monitor the SEC's actions and wait for legal clarity before making major investment decisions.