XRP's price fell 11% after the SEC appealed a favorable court ruling for Ripple.

Oct 4, 2024 Oct 4, 2024

XRP's market cap fell to $29.354 billion, but trading volume rose by 7.30%, hitting $3.15 billion.

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Ripple's legal officer expressed disappointment and may file a cross-appeal against the SEC.

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Analysts expect price consolidation, with $0.50 support and $0.66 resistance levels.

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Favorable ruling for Ripple could boost XRP to $1.00, but regulatory uncertainty weighs on the price.

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GET MORE INSIGHTS ON XRP TODAY

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