bullish

<ul class="wp-block-list news-points">
 <li>XRP has surged to a six-month high, reaching $0.6622 with a 12.44% increase.</li>
 <li>Analysts are targeting $0.75 for XRP amid the bull momentum.</li>
 <li>However, caution remains due to the upcoming SEC appeal deadline on October 7.</li>
</ul>
XRP has seen a significant rally over the past few days, cracking a high last seen six months ago in March. Investors hope the bullish momentum will continue, with analysts eyeing a possible move to $0.75. However, concerns about the SEC’s potential appeal, with a deadline set for October 7, still weigh on sentiment.
<h2 class="wp-block-heading" id="h-xrp-breaks-six-month-high">XRP Breaks Six-month High</h2>
XRP price surged over the weekend, jumping from $0.5889 on Friday to a high of $0.6622, representing a significant 12.44% increase. This milestone marks the cryptocurrency’s highest price point in six months.
Crypto analyst Blockchain Backer <a href="https://x.com/BCBacker/status/1840542725453861200" target="_blank" rel="noopener noreferrer nofollow">highlighted</a> XRP’s surge in a post on X today, stating that while the gains are noteworthy, “it isn’t much to celebrate.”&nbsp;
He also shared a chart indicating that XRP achieved its highest weekly close of 2024 and surpassed the 0.702 retracement level of the March-September range following the weekend pump.
<div class="wp-block-image">
 <figure class="aligncenter size-full"><img decoding="async" width="512" height="283" src="https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-30T150641.441.png" alt="" class="wp-image-507269" srcset="https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-30T150641.441.png 512w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-30T150641.441-300x166.png 300w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-30T150641.441-380x210.png 380w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-30T150641.441-127x70.png 127w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-30T150641.441-159x89.png 159w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-30T150641.441-440x243.png 440w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-30T150641.441-414x229.png 414w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-30T150641.441-299x165.png 299w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-30T150641.441-377x208.png 377w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-30T150641.441-144x81.png 144w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-30T150641.441-123x68.png 123w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-30T150641.441-129x71.png 129w" sizes="(max-width: 512px) 100vw, 512px">
 </figure>
</div>
In response to this update, analyst Van Winkle…
The post <a href="https://coinedition.com/xrp-breaks-six-month-high-ahead-of-sec-appeal-deadline-eyes-0-75/" rel="noopener noreferrer nofollow">XRP Breaks Six-Month High Ahead of SEC Appeal Deadline, Eyes $0.75</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

XRP Breaks Six-Month High Ahead of SEC Appeal Deadline, Eyes $0.75

Table of Contents

Coin Edition

Other articles published on Sep 30, 2024

Top Crypto Gainers Today Sep 30 – Artrade, Mina Protocol, Enjin Coin, Coti

Binance Founder Walks Free After 4-Month Sentence, Fines Reach Billions

Coinpedia Fintech News

Miners’ Earnings Decrease: $851.36 Million in August, Only $761.79 Million in September

Puffer Finance to Compensate Affected Users After EIGEN Airdrop Issue, Offers Bonus Rewards

Global Crypto ETFs Surge with $1.2B Inflows, Analyst Explains Why Bitcoin Could Soar in Q4

Join our free newsletter for daily crypto updates!