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<p>Despite increased price volatility in the cryptocurrency market, the XRP price remains stuck around the $0.54 mark. Following the SEC appeal, the tension between the Ripple vs SEC case has taken over the crypto space.</p>   
<p>With the rising uncertainty in the market, will XRP price experience a significant surge during the last leg of the financial year? Or will the price consolidate infinitely once again?</p>   
<h2 class="wp-block-heading" id="h-crucial-time-to-hold-ripple-tokens">Crucial Time To Hold Ripple Tokens?</h2>   
<p>The XRP price has displayed a weak price action over the past day by recording a drop of ~2% in valuation. Moreover, the altcoin has recorded a change of ~5% during the past month. This suggests a rising disinterest of investors in this altcoin.</p>   
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 <img src="https://image.coinpedia.org/wp-content/uploads/2024/10/18190153/image-104-131-1024x544.png" alt="XRP Price Analysis 18th Oct 2024" class="wp-image-368976">
</figure>   
<p>However, top analysts have given an optimistic outlook with the Ripple token potentially retesting its yearly high of $0.7450 during the upcoming weeks. Moreover, Ripple Lab’s legal team are confident about the ruling remaining valid. This brings a sign of relief to its long-term investors.</p>   
<h2 class="wp-block-heading" id="h-xrp-technical-sentiments">XRP Technical Sentiments</h2>   
<p>The SMA indicator constantly supports the Ripple price in the 1D time frame. This indicates a strong bullish sentiment for the altcoin in the crypto market.</p>   
<p>Further, the MACD indicator shows a constant rise in the green histogram with its averages showing a bullish convergence in the XRP price chart. This suggests that the bulls may continue gaining value this week.</p>   
<h2 class="wp-block-heading" id="h-will-ripple-price-retest-0-74-this-q4">Will Ripple Price Retest $0.74 This Q4?</h2>   
<p>Suppose, the bullish sentiment intensifies, this could result in the XRP price retesting its important resistance level of $0.560. Further, if the bulls continue to dominate the crypto space, it could head toward its upper resistance level of $0.630.</p>   
<p>However, the rising uncertainty and the rising tension with the SEC could result in the price potentially plunging toward its important support trendline of $0.480 during the upcoming time.</p>   
<p>Concerned about the price prospects of the 7th largest cryptocurrency? Further, fueled with questions like When will XRP price hit $1? Read our <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/" target="_blank" rel="noreferrer noopener">Ripple (XRP) Price Prediction</a> 2024 - 2030!</p>

Ripple Price Prediction: XRP Price To Surge Despite SEC Appeal?

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