#Sun Yuchen purchases comedianRipple vs SEC showdown: Expert analysis of XRP price trend before appeal briefingWith the announcement by the US Securities and Exchange Commission (SEC) that the main briefing for Ripple's appeal will be submitted on January 15, 2025, XRP trading volume has surged by 50%.The focus of this legal debate is on the impact of Ripple on the value of XRP, but there is currently no evidence to suggest that Ripple has actively promoted XRP to retail investors.The XRP price has fallen below $1.10, with key support at $0.785; If the support can be held, analysts expect its price to reach $2.XRP, the seventh ranked cryptocurrency by market capitalization, has seen a significant increase in trading volume. In the past 24 hours, its trading volume has surged by 50%. This significant increase coincides with a major announcement by the SEC.In addition, regulatory authorities have also revealed a key date, which is January 15, 2025, for the main briefing submission of the Ripple appeal case. This news has once again sparked debate about the regulatory status of XRP and its impact on the entire cryptocurrency market.Review of the Relationship between Ripple and XRPLegal discussions once again shift towards the relationship between Ripple and XRP. Bill Morgan, a well-known legal analyst in the XRP community, recently expressed his views on this matter on social media. He believes that the value of XRP is closely linked to Ripple's efforts.Morgan also stated that the market performance of XRP reflects Ripple's actions, which is consistent with the SEC's view that XRP is a Ripple security. But Morgan refuted this viewpoint, pointing out the lack of evidence in the SEC's lawsuit against Ripple.In addition, he also pointed out that long-term holders often believe that Ripple's regular sale of XRP from custodial accounts actually suppresses rather than drives the value of the token.Legal and Market ImpactHowever, the SEC's appeal has raised questions about the potential impact on the XRP and cryptocurrency markets. Analysts are still divided on whether the appeal will discover new evidence that may affect the outcome of the case.Meanwhile, in these legal debates, XRP prices have entered a phase of correction. After reaching $1.15, the token has fallen below $1.10 and may test the support level of $1.#When will BTC break through 100000?This wave of correction will refine real gold and find a demon coin with a strong position and rising against the trend. The next wave of high magnification targets will be its performance! 88 likes and comments posted!