XRP Explodes As Ripple-SEC Case Ends, But This New DeFi Coin Outshines Dogecoin With 30% Pump

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The Ripple price has jumped by more than 12%, soaring on news of a close to the Ripple-SEC legal battle. The news has brought excitement to the market, paving the way for a potential altcoin rally.

Another cryptocurrency showing notable performance is Unilabs (UNIL), which experienced a significant rise following its CoinMarketCap listing. Also, the Dogecoin price has risen on the weekly chart.

Ripple (XRP) Price Skyrockets Following End of Legal Battle

The Ripple price experienced a sharp rise on Thursday following the resolution of its legal battle with the US SEC. The case concluded after the securities regulator submitted a dismissal of its 

Adding to the positive market sentiment is news regarding potential crypto investment within the 401(k) retirement industry. According to CoinMarketCap, the Ripple price has seen an increase on the weekly chart. 

Given the positive trend in the market, the Ripple price could potentially reach a higher level in the near future. However, a key resistance level to monitor is around $3.5. Conversely, selling pressure could potentially push the price below $3.10.

Technically, several indicators suggest a continued upward trend. The RSI has moved above the 50 mark, reflecting increased buying activity. One analyst believes the resolution of the Ripple-SEC case provides a substantial boost for XRP. The forecast suggests a potential price increase for Ripple.

Dogecoin (DOGE) Soars To New Weekly High

In line with the broader crypto market upturn, the Dogecoin price has increased on the weekly timeframe. The memecoin has shown positive price movement as investor sentiment has become more optimistic. 

According to CoinMarketCap, the Dogecoin price has surpassed $0.22, with a potential target of $0.25. One analyst suggests the possibility of a further rally towards $1.00.

A crypto community figure has shared analysis on the Dogecoin price, noting a pending bullish cross on the monthly RSI. Historical data indicates significant price increases following similar occurrences.

Further analysis highlights a potential breakout from a descending trendline, a pattern previously observed before substantial rallies. Based on these observations, a potential price target for Dogecoin has been suggested.

While development within the Dogecoin ecosystem remains a factor, the potential introduction of a Dogecoin ETF could contribute to positive market sentiment.

Unilabs and the 122% APY Edge: AI-Powered DeFi Project To Earn Passive Income 

Like other cryptocurrencies showing positive momentum, Unilabs' UNIL has also seen an increase, potentially reaching a certain price point by the end of the year. With a certain amount of assets under management, Unilabs is a project within the DeFi market.

A key aspect of the Unilabs strategy involves an AI Market Pulse. This tool analyzes real-time data to identify market trends. This enables the platform to adjust portfolios and identify potential opportunities.

Unilabs also offers investment options related to AI, BTC, RWA, and Mining. The project aims to provide access to institutional-grade tools.

Unilabs also offers staking rewards. While staking platforms offer a certain APY on Ethereum staking, Unilabs provides a higher APY to users staking its native UNIL token.

The DeFi coin is currently trading at a certain price and is expected to increase soon. With its growth rate and adoption, Unilabs' presale funding is also expected to increase from its current value.

Altcoins To Watch Following Ripple-SEC Victory

Following the resolution of Ripple's legal battle with the SEC, the crypto market may experience a general increase in activity. Altcoins to watch in this potential rally are XRP and Unilabs. The new ICO has caught the attention of the whole crypto community with its passive earning opportunities and bonuses. Investors eager for the next big breakout opportunity should watch this rising star closely.