SEC loss continues to be Ripples significant gain

Since the last update here on the progress of Ripple the price has gone from strength to strength. The drop back from above 1.20 to just below 0.90 was more about profit taking after the SEC court case victory than anything else. The subsequent rise has taken the leading alt coin to new 2021 highs. The failure of the US SEC to make their charges stick against Ripple has of course been the catalyst for the rise in recent days. It has now extended that gain to above $1.50 this morning. Granted the current dynamic move higher does start to look a little hyperbolic, but that may not stop it from extending further and it also has to be remembered; that at one time a few years back, this coin was above $3. Consequently, there is still plenty of potential left in the tank. The move today has seen the price rise to as high as $1.58 a few moments ago, from earlier levels around $1.36. What is clear now, and in the absence of any fundamentally negative news; is that buying dips appears to be the way forward. XRPUSD is just now trading at $1.56