Summary

• The Ripple vs. SEC lawsuit is the most followed topic within the crypto space, as it smelt the possibility of a victory over the agencies.
• At this time, the XRP price is accumulating some strength as it may trigger a huge bullish wave in the coming days.
• The XRP price continues to hover above $0.39, a spike of more than 12% in the past few days.

Ripple vs. SEC Lawsuit

The Ripple vs. SEC lawsuit is the most followed topic within the crypto space, as it smelt the possibility of a victory over the agencies. After multiple hearings and arguments, the judge could produce the final ruling at any time now.

XRP Price Movement

At this time, the XRP price is accumulating some strength as it may trigger a huge bullish wave in the coming days. The XRP price continues to hover above $0.39, a spike of more than 12% in the past few days. Although the BTC price faced a major drop, the price of XRP maintained huge strength and hence may surge beyond $0.4 in the next few hours.

Technical Analysis

Moreover, the rally does not appear to be a short-lived one, as chart patterns and technicals are extremely bullish. Trading View shows that XRP price is trading within same decisive symmetrical triangle that it began during Q4 2022 after rebounding from lower support and reaching upper resistance-levels which could be sliced through shortly; RSI levels are rising high without displaying any bearish divergence while buying pressure has mounted so upswing should prevail until new yearly highs ($0.42) are reached above current value ($0.39).

Conclusion

Therefore, XRP’s massive bullish signals suggest potential opportunity for traders with positive outcomes predicted by experts- however investors should always be mindful and cautious when trading cryptocurrencies due to their volatile nature!