XRP price is up 8% on March 1 as optimism about a possible dismissal of the Ripple case by the SEC and an oversold bounce boost hopes of a V-shaped recovery.
XRP (XRP) pared some losses following this week’s market crash, with 8% daily gains over the last 24 hours to trade at $2.17.
The top-ten altcoin trades 12% above the 24-hour low of $1.94 as the crypto market sentiment shows signs of recovery.
XRP/USD four-hour chart. Source: Cointelegraph/TradingView
