XRP Price Improves 16.8% to $0.645 – Where to Buy XRP Bulls?

Ripple's XRP was one of the most affected tokens last week and is showing signs of recovery after Bitcoin surged from under $30,000 to $33,000 and supported altcoins. The token has broken above critical levels and is trading at $0.645 at the time of writing. The current value is a 16.8% growth in the last 24 hours. Ripple Price Analysis Source: TradingView The token broke out of the bearish zone within 24 hours and started trading above $0.60. The coin initially pulled back from testing the $0.50 support levels, but is now taking and forming the next support line at $0.75. The next resistance from there is $1.00 followed by $1.25. Buy XRP now! XRP's slight rebound could cause selling pressure amid concerns that the price could drop again. However, any further pullback could also create a buy position, so we could see prices stabilizing at the $0.50 and $0.60 support levels. Altcoins, including Ripple, are following the trend of bitcoin in terms of value after the recent crash in China. Therefore, it is inevitable that the XRP price will drop as more Bitcoin mining regulations are implemented in mining centers in China. Currently, the XRP community is hopeful that a move submitted by the SEC will be rejected. In the pending Ripple lawsuit, the SEC made a move to ban questioning of a former SEC official under oath. While the names of the former employee were not disclosed, the crypto community speculates that it could be former SEC chairman Jay Clayton. #XRPCommunity #SEC_News v. #Ripple #XRP @stedas SEC announced its intention to file a lawsuit on Thursday, June 24, 2021 to overturn a Ripple subpoena against a former SEC official. Briefing schedule below. pic.twitter.com/F03MVJw1qU — James K. Filan (@FilanLaw) June 22, 2021 With many moves in favor of Ripple in the past, the judge is likely to reject the SEC move. This will have a positive effect

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