XRP Price Forecast: As Ripple Closed Door Meeting With SEC Nears, Experts Say This Casino Crypto ICO Might 100X
The XRP price rose a fraction of a percent in the last 24 hours to trade at $0.60 as of 04:02 a.m. EST on trading volume that surged 22% to $2 billion.
This comes as the Securities and Exchange Commission (SEC) rescheduled a closed-door meeting with Ripple that had been scheduled for July 23 to July 25. The meeting has reignited hopes for a potential settlement in the long-running legal battle between the two entities.
Ripple CEO Brad Garlinghouse also told Bloomberg in a recent interview that the SEC lawsuit will end “very soon.”
With the anticipation of a settlement, the XRP price has surged 11% in the past two weeks, rising from the $0.4412 support zone to as high as $0.62, according to data from GeckoTerminal .
XRP Price To Soar Over The Ascending Triangle
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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