Powered by
TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
BTC DOMINANCE 0.0%
ETH DOMINANCE 0.0%
TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
Powered by
TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
BTC DOMINANCE 0.0%
ETH DOMINANCE 0.0%
TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B

XRP Set for 15% Drop After Ripple Files April 16 Cross-Appeal Brief

Emily Hayes
Emily Hayes

Emily Hayes

Emily is a blockchain enthusiast and cryptocurrency analyst who has...

Full Bio

Emily Hayes

Share

XRP’s value could see a significant downturn as market sentiment turns cautious following Ripple’s legal maneuvers. Ripple’s request to file a cross-appeal brief by April 16 has sparked concerns over the potential impact on the cryptocurrency’s trajectory, with analysts forecasting a 15% decline in XRP’s price.

The ongoing SEC lawsuit against Ripple remains a central factor influencing XRP’s performance. The cross-appeal, part of Ripple’s strategy to challenge specific aspects of the court’s rulings, introduces additional uncertainty into an already volatile market. Traders have reacted to the development by scaling back bullish positions, driving increased selling pressure.

While Ripple’s legal battles continue to unfold, the implications for XRP’s adoption and broader market stability remain critical. Investors are now closely monitoring any updates on the case, as Ripple’s legal strategy could significantly impact the token’s long-term prospects.

Subscribe to our Newsletter

Every week, we’ll send you the latest tips, tricks, reviews and advice on how to trade to a wealthier lifestyle

View more articles by

Related Articles

WTI crude oil prices edge above $69
WTI crude oil prices edge above $69.50 amid escalating trade tensions
Bank of Japan members acknowledge inflation exceeds expectations, signaling continued vigilance
Bank of Japan members acknowledge inflation exceeds expectations, signaling continued vigilance
Tokyo's consumer inflation remains steady in March, surpassing Bank of Japan's target
Tokyo's consumer inflation remains steady in March, surpassing Bank of Japan's target
WTI Crude Oil Price Inches Up Above $69
WTI Crude Oil Price Inches Up Above $69.50 Amid Venezuela Supply Disruptions
Tariff Concerns Weigh on EURUSD, Triggering Market Volatility
Tariff Concerns Weigh on EUR/USD, Triggering Market Volatility