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Wild XRP Moves on Legal News βš–οΈ

BINANCE:XRPUSDT   XRP / TetherUS
XRP Legal Case UpdateπŸ“œ

The SEC has appealed Judge Torres' decision on XRP's status πŸ›.
Ripple wants the primary lawsuit to move forward despite the appeal βš–οΈ.
The appeal's acceptance can shape the lawsuit's future πŸ”„.
SEC's focus: XRP sales, not the asset itself πŸ’΅.
SEC's appeal might extend the lawsuit by 3-6 months ⏳.
XRP price doubled following the temporary lawsuit conclusion on July 13 πŸ“ˆ.
SEC's appeal might resonate with Coinbase and Dragonchain cases 🌐.
Ripple's deadline for the SEC motion response: Sept. 1, 2023 ⏰.

XRP's Market Position:πŸ“Š

XRP's recent performance: +16% from lows, but -20% this week πŸ”ΊπŸ”».
XRP is 50% down from its yearly peak πŸ“‰.
XRP price showed resilience, bouncing back 18% after a 28% drop πŸͺ‚.

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