Trends predicted by Ripple
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XRP price action has dropped significantly, dropping below the $0.6 threshold amid the widespread bearish trend. XRP price is currently at $0.5867, down 2.36% from the previous trading day. Despite the slight correction in the market, investor sentiment towards XRP remains cautious.
The digital asset is currently worth around $32 billion, according to CoinMarketCap, solidifying its position as the seventh-largest cryptocurrency. Trading volume has increased, increasing by more than 37% in the last 24 hours, reaching a total of $2.18 billion. This increase shows that investors' interest in XRP has increased.
The upcoming pre-hearing meeting between Ripple and the SEC in April could have a significant impact on future cryptocurrency regulations. The US Securities and Exchange Commission (SEC) will impose a heavy fine on Ripple Labs for allegedly selling unregistered securities. The two sides started reconciliation talks and requested an extension of the deadline.
XRP remained above the $0.58 level, showing significant resistance. If the positive trend continues, XRP may rise above the previous resistance level of $0.65. As the bullish momentum increases, it could break above the $0.9 barrier and reach $1 in the near term.
I have been playing in the currency circle for several years, I have experienced both the rise and fall, you can come and communicate, I opened a village committee, for those who want to join the village, it does not matter whether you are a new leek. or an old leek, everyone is a leek and you can communicate and discuss together. Please stay tuned. Let each like become a heart. #Binance #btc #XRP/USDT🔥🔥: