Ripple $XRP Faces Uncertain Future Amid SEC Appeal Speculations.

On Saturday (June 8), XRP declined by 1.30%, ending the session at $0.4928.

XRP tracked the broader crypto market into negative territory while investors await two significant crypto court rulings.

On Sunday, investors should monitor SEC vs. crypto case-related news and SEC chatter.

XRP Price Action:

Daily Chart-

XRP remained comfortably below the 50-day and 200-day EMAs, confirming bearish price trends.

An XRP break above the trend lines could signal a move to the 50-day EMA. A break above the 50-day EMA could give the bulls a run at the 200-day EMA.

SEC vs. crypto case-related news and SEC activity warrant investor attention.

Conversely, an XRP drop below the $0.48 handle could bring the $0.45 handle into play.

The 14-day RSI reading, 37.19, suggests an XRP fall below the $0.48 handle before entering oversold territory.