SEC Appeal Spooks XRP Investors: Will Price Fall Below $0.50? The ongoing legal battle between the#SECand#Ripplehas increased the volatility of#XRPpricing. As a result, XRP has fallen sharply below the $0.55 level, hitting a low of $0.5222 on October 3. Investors remain concerned that the SEC appeal could push the price of #ЛюбимыйТокен XRP below $0.50.

Recent trading has also shown that XRP is under pressure, lagging the broader crypto market. It is worth noting that the crypto market is down slightly by 0.15%, while Ripple has lost 3.08%.

The SEC's notice of appeal, filed on October 2, indicates their intention to challenge certain aspects of the recent rulings in the SEC's case against Ripple. The SEC is particularly interested in the court's rulings on two main issues.

First, the court rejected the SEC’s request to pay Ripple $1.1 billion in ill-gotten gains, which the SEC considers a significant setback. Second, the ruling on programmatic sales of XRP, in which the court found that these sales did not meet the Howey test, may also be challenged.

The appeal has created new uncertainty in the market, causing XRP to decline. Now investors are waiting to see if Ripple will file a counter-appeal. Some legal experts believe that Ripple has good grounds to do so to protect its position in court.

Former SEC lawyers have weighed in on the likely appeal strategy, with many pointing to broader implications for other cryptocurrency cases, including those involving exchanges like Coinbase and Kraken.

🤝*** Support the author with your favorite token XRP: rJu2tsxQngnBi2n1UYj3WoDt4f8Pmnd5wz Memo 932390456#ЛюбимыйТокен #Xrp🔥🔥 #RippleUpdate