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Breaking - XRP Price Pumps As Judge Torres Rejects SEC Motion To Appeal Ripple Ruling
Widely-followed crypto Twitter account db (@tier10k) posted the breaking news, causing an immediate 5% spike in the XRP price.
Judge Rejects SEC Appeal vs Ripple
View the October 3rd order on courtlistener.com, at the bottom of page six.
Read our early September coverage of Ripple Labs objecting to the the SEC’s motion to appeal here.
XRP Price Spikes
The XRP price hit an intraday high of just under $0.55 at the time of writing, now trading back above the 200 daily EMA.
On July 13th the XRP price spiked to $0.96 when it was first ruled by Judge Torres that XRP is not a security - a retest of that high would be a close to 80% move for XRP from its price today.
FXStreet today posted a bullish XRP price prediction, based on the token printing higher highs and higher lows on the four hour chart.
Ripple Jury Trial Date Set
The Ripple jury trial date has also been set for April 23, 2024.