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XRP Price Prediction as Judge Rules in Favor of Ripple to Deny SEC Motion to Seal Hinman Documents

  • bhoomisinghal0
  • May 18, 2023
  • 1 min read

The XRP price has jumped by 5% in the past 24 hours after the judge presiding over Ripple's case with the SEC denied the regulator's motion to seal important documents. At $0.446896, XRP is up by 4% in a week but down by 13% in the last 30 days, with today's spike going some way towards reversing losses suffered by the altcoin in the past couple of weeks. Unsurprisingly, XRP's price chart shows a very significant breakout today, something that was arguably overdue in light of how oversold. Also raising this possibility is its 30-day moving average (yellow), which has just overtaken its 200-day (blue).


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