XRP is currently trading around $0.59 and is showing signs of recovery from the decline. There has been bullish momentum in recent times, especially when the price is above the key support level of $0.57. The main factor influencing the recent price movements of XRP is the uncertainty surrounding the possible appeal of the SEC case against Ripple. If the SEC does not file an appeal by October 7, analysts predict that XRP will rise, which could reach the range of $0.65 to $0.95 in the coming months.

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.

Long-term, institutional investors continue to show interest in XRP and whales continue to accumulate the token, indicating confidence in its future, especially as the regulatory situation improves. For XRP holders, it is important to monitor the SEC's actions and wait for legal clarity before making major investment decisions.