Ripple Price Surges Post-Lawsuit
This is a news story, published by CoinGape, that relates primarily to Stewart Alderoty news.
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recent XRP price actionCoinGape
•Why is XRP Price Up Today?
74% Informative
XRP price surged 48% between August 6 and 7 following Ripple 's favorable ruling in its lawsuit against the U.S. SEC .
Ripple’s Chief Legal Officer, Stewart Alderoty , said the SEC has only a 10% chance of winning an appeal if it decides to pursue one.
Futures traders are outbidding spot traders, as observed in the funding rate metric.
The price action is wedged between the 21 and 50 EMA , showing indecision in the market.
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