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XRP Price Outlook: Court Rulings and ETF News
XRP gained 1.4% on Tuesday, June 24, building on Monday’s 6.9% rally, closing at $2.1910. The token outperformed the broader crypto market, which climbed 0.83%, lifting the total crypto market cap to $3.23 trillion.
The near-term XRP price trajectory depends on Judge Torres’ settlement ruling, the SEC’s appeal plans, and XRP-spot ETF-related news.
A breakout from the 50-day Exponential Moving Average (EMA) could pave the way to the June 16 high of $2.3389. A sustained move above $2.3389 may open the door to retesting the May high of $2.6553. Conversely, a break below the 200-day EMA could bring the $1.9299 support level into play.
