XRP price edged higher on Sep. 2 as traders assessed Ripple Labs gaining an edge over the United States Securities and Exchange Commission (SEC) in an ongoing courtroom battle.
The XRP/USD exchange rate surged by up to 4.74% to reach $1.296 for the first time since Aug. 23. The pair’s climb appeared alongside a spike in trading volume on the four-hour chart, confirming traders’ intent to support the upside move in the coming sessions.
XRP has grounded higher this week reflecting a similar bullish move in other top digital assets. CrediBULL Crypto, an independent market analyst, noted that the Ripple blockchain token could reach $1.50-$1.60 next, citing impulse buying sentiment near the bottoms of almost every major cryptocurrency, including Bitcoin (BTC).
$XRP going for a break of $1.25. We clear this with conviction and we are headed to $1.50-$1.60. Talked about this in my last YouTube video. If you haven’t seen it yet, you should probably check it out before this baby heads to