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XRP price chart hints at 75% gains next as SEC ends lawsuit against Ripple

XRP price chart hints at 75% gains next as SEC ends lawsuit against Ripple

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Source: Coin Telegraph

Ripple still faces a legal hurdle with an injunction preventing XRP sales to institutional investors, but price chart technicals are showing promise nonetheless.

XRP (XRP) price has recovered by almost 30% in the last two weeks, led by a crypto market rebound, and Ripple’s long-running legal battle against the US Securities and Exchange Commission (SEC) comes to an end.

XRP/USD daily price chart. Source: TradingView

The cryptocurrency’s rebound is also occurring inside the confines of a classic bullish continuation pattern, promising further gains in the coming weeks.

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Author: Yashu Gola