Even though <a href="https://finbold.com/cryptocurrency/xrp/" rel="noopener noreferrer nofollow">XRP</a> has recently made it to the top of the list of the biggest ‘losers’ among the top 100 <a href="https://finbold.com/cryptocurrencies/" rel="noopener noreferrer nofollow">cryptocurrencies</a> by market capitalization in terms of its 24-hour price losses, it still remains one of the strongest altcoins in the <a href="https://finbold.com/category/cryptocurrency-news/" rel="noopener noreferrer nofollow">crypto sector</a>, with a chance of hitting $0.8 in the near future.Indeed, if the <a href="https://finbold.com/guide/how-to-buy-ripple-xrp/" rel="noopener noreferrer nofollow">XRP token</a> could break through the supply zone between $0.53 and $0.6, the next area to target is possibly as high as $0.8, according to the observations and <a href="https://finbold.com/guide/chart-patterns/" rel="noopener noreferrer nofollow">chart patterns</a> that pseudonymous <a href="https://finbold.com/guides/cryptocurrency/" rel="noopener noreferrer nofollow">crypto</a> analyst Altcoin Sherpa shared in a <a href="https://twitter.com/AltcoinSherpa/status/1668624914407112711" rel="noopener noreferrer nofollow">tweet</a> on June 13.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/87e3d566b9fb49a79c2297f52cf63a00.png" />XRP 3-day price action analysis. Source: <a href="https://twitter.com/AltcoinSherpa/status/1668624914407112711" rel="noopener noreferrer nofollow">Altcoin Sherpa</a><h2 id="header-0">XRP price analysis</h2>Meanwhile, XRP was at press time still trading at $0.51, below the critical supply zone between $0.53 and $0.6, demonstrating a decline of 5.23% on the day and losing 3.69% across the week but gaining 19.50% over the last month, according to the data retrieved by Finbold on June 14.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/632db70e138b487085c2e5ac57d8c660.png" />XRP 30-day price chart. Source: <a href="https://finbold.com/cryptocurrency/xrp/" rel="noopener noreferrer nofollow">Finbold</a>As it happens, its <a href="https://finbold.com/xrp-bleeds-3-billion-from-its-worth-in-24-hours-as-token-price-crashes/" rel="noopener noreferrer nofollow">recent</a> declines, both in terms of price and market cap, have landed XRP on the top of the biggest ‘losers’ among the top 100 crypto assets, despite the token earlier <a href="https://finbold.com/xrp-price-rockets-above-0-55-adding-over-2-billion-to-its-market-cap-in-a-day/" rel="noopener noreferrer nofollow">soaring</a> above the critical $0.55 level and adding over $2 billion to its market cap in less than a day.Having said that, the crypto asset’s previous price action proves that it has enough strength for a <a href="https://finbold.com/guide/bull-market-definition/" rel="noopener noreferrer nofollow">bullish</a> run, particularly as the legal team of <a href="https://finbold.com/topic/blockchain/" rel="noopener noreferrer nofollow">blockchain</a> company <a href="https://finbold.com/topic/ripple/" rel="noopener noreferrer nofollow">Ripple</a> scores meaningful wins in the <a href="https://finbold.com/topic/ripple/" rel="noopener noreferrer nofollow">case</a> against the United States Securities and Exchange Commission (<a href="https://finbold.com/topic/sec/" rel="noopener noreferrer nofollow">SEC</a>).If the legal battle concludes in Ripple’s favor, the token at the center of it could react with a massive increase, and the odds have turned more in the crypto firm’s direction with the <a href="https://finbold.com/ripples-top-lawyer-decodes-hinman-files-what-went-on-behind-the-scenes/" rel="noopener noreferrer nofollow">release</a> of the files indicating that the SEC knew the speech of its then-division director would cause confusion in the markets and still continued to insist on a policy of regulation by enforcement.Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.Read more cryptocurrency news on <a href="https://finbold.com/category/cryptocurrency-news/?utm_source&#61;CMC&amp;utm_medium&#61;social&amp;utm_campaign&#61;CMC&amp;utm_content&#61;long" rel="noopener noreferrer nofollow">Finbold.com</a>.

XRP to the moon? Crypto expert predicts potential surge to $0.80

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