XRP is showing resilience during the US trading session, increasing by 1.7% to $0.5973. This is contrary to Bitcoin and Ethereum, which experienced a decline of 2.6% and 4.5%, respectively, amid market uncertainty.
Market activity has been influenced by Ripple whales going on a buying spree, moving 50 million XRP. Additionally, the Market Value to Realized Value (MVRV) index signals it might be a good time to buy.
Moreover, it appears increasingly unlikely that the SEC will appeal in the Ripple lawsuit, which investors interpret as a positive sign.
