XRP Poised to Fluctuate 50% Amid SEC Appeal

The recent appeal by the U.S. regulator in its case against Ripple could prompt a more cautious approach to XRP in the short term, according to a crypto analyst. Although the appeal does not challenge the ruling that XRP is not a security, it requests a review of the court’s decisions concerning Ripple’s XRP sales on exchanges and personal sales by CEO Brad Garlinghouse and co-founder Chris Larsen. This ongoing legal uncertainty may contribute to increased price volatility for XRP, with potential fluctuations of nearly 50%, the analyst suggested. “XRP’s price is likely to fluctuate between $0.50 and $0.80 by