Ripple Price had a 20 percent unpredictable rise as owners retained John Deaton’s prosecutor to file a motion against Ripple against the continuing SEC case. According to Deaton, in an action against Ripple, the interests of XRP holders are not expressed correctly and adequately.
The price of XRP would decline by several indicators
In the past two days, the number of XRP whales carrying 10,000,000 or more coins, lost seven holders. Since early February, the pattern has remained neutral.
In the past 24 hours, the social amount of XRP has also increased massively, suggesting also an incoming correction. The XRP price is limited to 2 main levels on the four-hour diagram. One at $0.50 and $0.42 in support.
Again, the 0,50 dollar resistance rejected the XRP price to 0,456 dollars. If the 26-EMA is dropped at $0.453, the price of XRP is likely to drive again downwards.
On the other side, it can drive the XRP towards the top trend of $0.50. This is a possibility.