#XRP

XRP review:
Price and Market Status:
* Current Price: Although the price of XRP changes instantly, it is around $2.33 - $2.35 USD. Its TL equivalent is approximately 91-92 TL.
* Market Value and Volume: XRP is among the largest cryptocurrencies in terms of market value. Its daily trading volume is also in the billions of dollars.
* Short-Term Performance: Although it has shown minor fluctuations in the last 24 hours and the last week, it has increased by approximately 7% on a monthly basis and over 330% in the last year.
* All-Time Highs (ATH): XRP's all-time high is around $3.40 USD (or values ​​​​specified by different sources as 3.84 USD). The current price is well below this level.
* Analysis: Some technical analyzes indicate that it is important for XRP to hold at levels above $2.25, otherwise a decline may occur. Resistance levels are monitored at levels such as $2.45, $2.65, $3.10 and $3.40. Some experts predict ambitious targets ranging from $5.5 to $12.5 in the long term.
SEC Case:
* Latest Status: The long-running case between Ripple and the US Securities and Exchange Commission (SEC) seems to have ended with a major victory for Ripple. The SEC has decided to withdraw its appeal of the court decision that the part of XRP sold to the public is not an unregistered security. This is interpreted as the official end of the case.
* Impact: The end of the case means the elimination of significant uncertainty for XRP and is expected to have a positive impact on investor confidence. With the finalization of the case, it is possible for XRP to be listed more easily on various platforms and institutional interest to increase.
General News and Developments:
* Spot ETF Possibilities: The positive outcome of the SEC case raises the possibility of a spot ETF (Exchange Traded Fund) for XRP. There are also reports that the first XRP futures ETFs have begun to be launched.
* Use Cases and Partnerships: Ripple's main goal is to use XRP in cross-border payments and to establish partnerships with financial institutions. Developments in this area and new partnerships are important factors affecting the value of XRP.
* Market Sentiment: General cryptocurrency market sentiment will continue to affect the price of XRP. The performance of Bitcoin and other major cryptocurrencies also has an impact on XRP.
In summary:
XRP has shed a major burden with its significant victory in the SEC case. This situation is considered a positive development in terms of its future potential.