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Can XRP keep its rally going?

XRP investors had been waiting for years for the outcome of the long-running lawsuit between Ripple and the U.S. SEC.

Can XRP keep its rally going?

XRP investors had waited for years for the outcome of the long-running lawsuit between Ripple and the U.S. regulator SEC. On August 8, after more than four years, a definitive end finally arrived to the legal tug-of-war. Yet there wasn't a big spike in price, aside from a brief uptick, which XRP has since given back.

That contrasts sharply with the solid gains XRP had booked in the months prior. Is the rally finally over? The split is also reflected in the data. Currently about 94 percent of XRP holders are in profit. That boosts the overall bullish sentiment, but historically such signals have often preceded sharp corrections. Whether this time is different remains the big question.


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