XRP Holders Get Ready Big Gains Incoming – XRP Ripple News Update! 25th June 2023
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Ripple price ready for move higher
Ripple price dropped 35% between June 20 and June 22, but its recovery is equally swift and is currently knocking on a crucial resistance level at $0.65. If XRP price manages to shatter this barrier and flip it into a support barrier, it will signal the start of an uptrend.
In such a case, investors can expect Ripple price to quickly climb 15% to retest the 79% Fibonacci retracement level at $0.745.
Following a breach of this demand barrier, if the buying pressure persists, the bulls might target $0.783 and $.821. However, the likely scenario here would be tight consolidation.
Ripple Wants to Question Ex-SEC Official
According to lawyer James Filan, Ripple’s deposition request aims to bring an ex-SEC member to court. He writes: “This means that Ripple wants to question, under oath (deposition), a former SEC official.”
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