Can XRP Price Rise to $1?
$XRP pro-lawyer, “The case may be concluded by the end of July 2024.” Ripple - #SEC behind closed doors meeting will take place on July 25, not July 18.
#Ripple - SEC special meeting scheduled for July 18 will now take place on July 25, coinciding with the start of Bitcoin Conference 2024. Market participants speculate that this could result in a possible resolution.
The XRP/ $BTC BTC price chart has been trending downwards since January. However, the asset formed a low in June and rallied from there following the overall market recovery.
The recent short-term uptrend signals a potential reversal as XRP price breaks above the 50-day simple moving average (SMA) (green line).
The #XRP /USD chart also shows bullish trends, with the asset trending above the 50-day and 200-day SMA. XRP price is coming into a resistance zone around $0.65, and a break above it could catapult it to $0.75 and then to $0.93.
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