The fight against the SEC for XRP, which is at the center of one of the biggest lawsuits in the cryptocurrency world, still does not seem to be over. The XRP side, which left the interim decisions with victories, could not achieve a definitive victory. Ripple, which was rumored to request a postponement in payment in the past days $0.535633 It is not known what the side will do. In addition, the impact of both the pressure created by the case and the general decline in the market on the altcoin is closely monitored, and the comments of some market analysts continue to remain optimistic.
Whales Are Carrying XRP
It is known that whales have an important place for XRP, as in all cryptocurrencies. While whales have been increasingly making moves recently, transactions from wallets to exchanges, from exchanges to wallets, and between wallets have also increased. An important transaction took place in the past hours. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
Exactly over 102 million XRP – with a current value of over $50 million – was sent from an unknown wallet to another unknown wallet. Earlier in the day, XRP was also seen moving to exchanges, which was interpreted as a sign of a possible sale. Considering the recent decline in the market, it can be considered an expected scenario for the altcoin.
Analyst’s Comment on XRP
While things were not going well for XRP, which has been in the top 10 cryptocurrencies for a very long time, the comment of Dark Defender, one of the analysts known for his optimistic comments, once again pointing to the positive potential, excited the investors.
The analyst, who also shared a chart in his statement on X, commented as follows:
Hi! #XRP has produced the seventh green on the Wave Trend Indicator on the monthly chart since 2013. 3 out of 7 were false, but 3 were great. now we have the 7th green, which is Awesome
How Many Dollars is XRP?
When we look at the XRP price, it seems that things are not going well. After the new victory in the SEC case in the past months, the price rose above $ 0.60 but could not maintain its permanence. Today, it seems that the situation has gotten worse.
As of writing time, XRP is finding buyers at $0.5209 after a 4.67% drop in the last 24 hours. While XRP market volume has fallen back to $29 billion, transaction volume has increased by 43% and is in the $1.2 billion region.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
