Krutika Adani
The price of XRP might soon cross $1 if the case of institutional sales by the SEC ends soon. Earlier, Ripple's CEO had predicted an end within July.
Since its bounceback from $0.38, XRP has been consistently above its support level of $0.5.
XRP’s price and indicators have been highly bullish. The RSI on daily charts has been strong at 63, while MACD shows a positive crossover.
For a rally to last $1, XRP needs to cross $0.88, its last major resistance.
In addition to the closure of the SEC case, XRP will also look towards a pro-crypto government after the US elections.