Today, the price of XRP fell below $0.49 due to ongoing legal fights between Ripple and the SEC. Investors are worried because of the uncertainty about XRP's future. The lawsuit has made the market gloomy, and investors are unsure about what will happen to Ripple's cryptocurrency.

Investors are worried because of the legal battle between Ripple and the SEC. The lawsuit is getting more intense, with parties filing motions to seal all related materials by May 20. This uncertainty is causing XRP's price to drop, as investors are unsure about what will happen to the cryptocurrency.

The courts are deciding on what penalties Ripple might face for allegedly breaking U.S. securities laws. The SEC wants Ripple to pay a $2 billion penalty and stop selling XRP to institutional investors. Ripple argues that it didn't break any laws and that its sales were to accredited investors. However, the SEC is sticking to its claims, which is making investors nervous.

What's next? Experts think the SEC might appeal the ruling about XRP Programmatic Sales. This uncertainty is making investors worried about XRP's future. The fate of XRP depends on what happens in court, and investors are waiting anxiously for clarity.

Meanwhile, a crypto analyst named Dark Defender says XRP's price might change soon. The support levels to watch are $0.4975 and $0.4623, while resistances are at $0.5330 and $0.6044. Dark Defender thinks XRP's price could go up to $1.88, $5.85, and even $18.22. But if it falls below $0.3917, it could go even lower.

Despite the recent drop in price, XRP's trading volume has gone up, reaching $766.05 million. The crypto's price went as high as $0.5066 and as low as $0.4879 in the last 24 hours. Although the price is down, the CoinGlass Data shows that XRP's Open Interest has increased by 3.71%, reaching $569.15 million.

In conclusion, XRP's price is dropping because of Ripple's legal battle with the SEC. Investors are worried about what will happen next and are waiting for clarity on XRP's future. Despite the uncertainty, some analysts believe XRP's price could change soon, but it all depends on what happens in court.