Browsing: XRP

XRP rebounded in the crypto market as the US SEC reaffirmed the token as a digital commodity in a new guideline. Details from the crypto exchange showed XRP trading around $1.40 on Wednesday, following a sharp price depreciation in the previous session.

Ripple’s XRP is up 0.56% to $1.43 after a failed breakout, primarily driven by technical momentum within a defined range. The token’s target price, however, shifted to $1.70, though it had struggled to break $1.60, while a new resistance level keeps forming amid geopolitical disturbances.