XRP Price Prediction as XRP Becomes Best Performing Crypto Over the Last 7 Days – Is a New Bull Market Starting?
The XRP price has gained by 1% in the past 24 hours, with its move to $0.468157 making it the best-performing top-100 cryptocurrency within the past week.
XRP's price has increased by an impressive 20% in the last seven days, as well as by 25% in the past fortnight, as the market comes to increasingly expect a positive resoltuion to the Ripple-SEC case.
With XRP's 24-hour trading volume still elevated at just over $1.5 billion, it does indeed seem that interest in the coin remains very high, pointing to further gains in the near future.
This will certainly be the case if Ripple does indeed secure a positive outcome in its case, something which could send XRP beyond $1 and on course to recover its all-time high from 2018.
XRP's chart shows that it has plenty of momemtum right now, yet encouragingly its technical indicators suggest that it can still rise futher before becoming overbought.
Its relative strength index (purple) has begun rising again after dropping to 60 a couple of days ago, suggesting that another surge is in the works.
At the same time, XRP's 30-day moving average (red) has begun climbing towards its 200-day average (blue), with a crossover likely to signal further movements upwards.
In terms of resistance levels, it's likely that XRP could be in for a more sustained rally if it breaks the $0.475 level and stays above it.
Regardless, there's little doubt that XRP will rise far beyond such a price if and when Ripple receives a favorable settlement or judgment in its case with the SEC.
A decision is likely due in the next few months, although certain high-profile observers of -- and participants in -- the case have even suggested that its conclusion could arrive as soon as this week.
At the very least, Ripple CEO Brad
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