XRP price levels to watch as explosive run gets ‘so close’
Following a favorable ruling for Ripple, the parent company of XRP, in the Securities and Exchange Commission (SEC) case, there is anticipation that the development might spark a rally in the token’s valuation. Notably, in the long-standing legal battle, a judge ordered Ripple to pay a $125 million civil penalty. However, there are signs that XRP will not be classified as a security following the ruling. Analyst’s XRP price prediction In this context, analysts have identified several chart patterns hinting at a possible upward trajectory for XRP. For instance, crypto analyst Dark Defender suggested in an X post on August 9 that XRP is edging closer to an explosive breakout, stating, “XRP’s run is so close.” Picks for you Analyst reveals Chainlink (LINK) accumulation zone for 2025 bull market ...