The litigation process continues between Ripple and the US Securities and Exchange Commission. XRP price is above significant levels.

![xrp-4.png](https://cdn.steemitimages.com/DQmab4gjxvzJCNdmwPXR7UYKtazJa98n6PJy78xkhsfFaCD/xrp-4.png)

Ripple (XRP), which is the seventh largest crypto currency in terms of market volume, has experienced a noticeable increase. XRP price has surged more than 10% from $ 1.37 to $ 1.55 in the past 24 hours.


↘️Ripple Price Latest Status
On April 14, Ripple rose to $ 1.9 for the first time since 2018, making its investors smile. However, with the large correction in the entire market, the price of XRP also fell to $ 0.88.

It can be stated that XRP, which was traded at $ 1.51 as of the time the article was written, has drawn a volatile picture in about 1 month.




In addition, XRP had risen to the 4th largest cryptocurrency in terms of market capitalization during the uptrend to $ 1.96. However, the price performances of different cryptocurrencies afterwards caused XRP to decline to the seventh place. XRP is currently on the list with a market value of approximately $ 53.2 billion.


↘️Ripple And SEC Voltage
In fact, in the bull run in 2021, XRP would have already been expected to break the old record of $ 3.84. However, the XRP price did not perform as expected due to the US Securities and Exchange Commission's lawsuit against Ripple in December.

After the lawsuit was opened, the price fell to $ 0.17 as crypto exchanges stopped XRP transactions. However, looking at the overall outlook, it is stated that XRP is still strong.

At this point , it should be noted that the decisions in favor of Ripple play an important role in the litigation process on the XRP price .

↘️XRP Key Levels
Although the litigation process is an important main factor, analysts consider price to be important in technical analysis. According to the statements made , it is thought that $ 1.50 at current prices is an important level in the short term and XRP is a point to protect.

A move below $ 1.50 could cause the $ 1.3 levels to reappear. However, a strong breakout of XRP above $ 1.50 could first test the key $ 1.8 and then see $ 2.