XRP Price Rises on Optimism Around SEC Lawsuit, But Outcome Still Uncertain
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XRP price climbed 5% this week, hitting $0.5380 amid optimism around the SEC vs Ripple lawsuit.
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Lawyer James Murphy predicts a settlement between Ripple and the SEC in 2024.
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Attorney Fred Rispoli believes the stakes are high for Ripple if the lawsuit drags on.
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XRP could rally 6% towards resistance at $0.56 if price closes above $0.5629.
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A close below support at $0.4968 could invalidate the bullish outlook.