XRP has experienced a modest price increase of 0.5% in the last 24 hours, which comes as a positive turn following declines experienced last week.
This rise is attributed to legal experts suggesting Ripple’s potential success in its appeal against the U.S. Securities and Exchange Commission (SEC).
The lawsuit’s outcome is significant as it could impact regulatory stances on cryptocurrencies and influence XRP's future price movements.
Traders are advised to monitor key levels and market trends as the legal proceedings unfold.