Ripple Labs’ XRP Token Consolidates Following Positive Judge Ruling In SEC Case: A Technical Analysis

Ripple Labs’ XRP (CRYPTO: XRP) token was popping about 3% higher during Tuesday’s 24-hour trading session, continuing to consolidate a 73% rally on Friday following a favorable ruling in the Ripple-SEC case. A U.S. judge ruled that the sale of XRP tokens on exchanges and through algorithms does not constitute investment contracts, which was celebrated by token enthusiasts.