Based

<p>Ripple’s rollercoaster journey with the US Securities and Exchange Commission (SEC) continues in Q4 of 2023. The recent legal triumphs, unexpected price surges, and looming court battles have kept both investors and enthusiasts on their toes. <strong>What are the implications of Ripple’s court win and the subsequent <a href="https://cryptoticker.io/en/us-sec-to-appeal-decision-in-ripple-case-will-xrp-crash-again/" target="_blank" rel="noopener noreferrer nofollow">appeal</a> by the SEC? What will happen to XRP price?</strong></p> 
<h2 id="h-what-happened-to-ripple-and-sec"><strong>What happened to Ripple and SEC?</strong> </h2> 
<p>After a significant court victory for Ripple, where the U.S. court decided XRP wasn’t a security, the cryptocurrency’s value surged by 50%. However, XRP later lost these gains, mirroring Bitcoin’s price <a href="https://cryptoticker.io/en/will-bitcoin-crash-price-might-continue-to-be-bearish-in-2024-and-2025/" target="_blank" rel="noopener noreferrer nofollow">drop</a> from $31,000 to about $25,000.</p> 
<figure class="wp-block-image size-large"> <a href="https://www.tradingview.com/x/OuYgF1Hu/" target="_blank" rel="noopener noreferrer nofollow"><img loading="lazy" width="1815" height="770" src="https://cryptocdn.fra1.cdn.digitaloceanspaces.com/sites/8/XRPUSD_2023-09-02_17-57-41.png" alt="" class="wp-image-118972"></a> 
</figure> 
<p>Despite the previous win, Ripple and the SEC are set to face off again in 2024 due to an appeal by the regulator.</p> 
<h2 id="h-xrp-price-analysis"><strong>XRP</strong> Price Analysis </h2> 
<p>Many forecasts point out that XRP will be priced at $0.52 by September 30, 2023. This prediction considers several technical analysis indicators like the ATR, Bollinger Bands, MACD, and RSI. This means that XRP should continue to drop below $0.50 then re-gain the $0.50 price territory.</p> 
<figure class="wp-block-image size-large"> <a href="https://www.tradingview.com/x/VRAj8shE/" target="_blank" rel="noopener noreferrer nofollow"><img loading="lazy" width="1815" height="770" src="https://cryptocdn.fra1.cdn.digitaloceanspaces.com/sites/8/XRPUSD_2023-09-02_18-00-49.png" alt="" class="wp-image-118973"></a> 
</figure> 
<h2 id="h-current-xrp-price-prediction"><strong>Current XRP Price Prediction</strong> </h2> 
<p>At the moment, XRP trades at approximately $0.50. In the last day, it dipped by 1.07% but saw a 0.30% rise over the past week. The cryptocurrency has a strong support level at $0.45and faces resistance at $0.53. As of today, XRP’s market capitalization stands at $26.5 billion, a decline from its July 20 peak of $43.12 billion, which was influenced by Ripple’s positive legal outcome against the SEC.</p> 
<p>Based on the above, XRP will continue to crash, and redress higher around its resistance price of $0.53 for September. The rest of 2023 totally depends on Ripple’s development in the SEC appeal, and the crypto market in general. </p>

XRP Price Prediction for End of 2023 After Ripple’s Win and SEC Appeal

Table of Contents

CryptoTicker ENG

Other articles published on Sep 12, 2023

Shiba Inu (SHIB) Revolution: Shibarium Node Provider Unleashes Ambitious Plans

Game Studio Pahdo Labs Closes $15 Million Series A Funding Round Led by a16z

Whales are DUMPING Cardano! Will ADA Crash to $0.20?

France targets finfluencers with Responsible Certificate

Web3 Game Pixels Migrates to Sky Mavis’ Ronin Blockchain from Polygon

Exploring the Absence of Crypto on Italian AAMS Online Casino

Join our free newsletter for daily crypto updates!