XRP Price Gains Momentum, Sparks Optimism Ahead of Key Ruling

XRP has performed quite well, even though Ripple is still a contentious firm. At least, contrary to numerous predictions made during the early stages of the court struggle, the native token hasn’t undergone a significant drop.

According to information provided by CoinMarketCap, XRP has increased by more than 2.45% during the last 24 hours. The anticipation of the impending decision is what has recently caused XRP’s value to increase. The CEO of Ripple expects the legal fight to be resolved before the end of June this year.

Key XRP Levels To Watch – April 24

The upward motive wave began on January 2, 2023. XRPUSD surged up to hit the $0.4330 price level. Following the hit, the price retraced alongside a diagonal resistance, which was later broken as the uptrend continued.

The uptrend continued as a result of the execution of the buy orders at the bullish order block created at the $0.3540 demand zone. The price is currently heading deeply into the discount zone. XRPUSD is expected to continue expanding upward once the fair value gap is reached.

Ripple Key Levels

Resistance Levels: $0.4940, $0.5600, $0.6580
Support Levels: $0.4330, $0.3540, $0.3000

Total Market Capitalization: $1.16T
XRP Market Capitalization: $23.62B
XRP Volume: $1.29B
Market Rank: #6

You can purchase Lucky Block here.  Buy LBLOCK

Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.