[XRP] Ripple Speculation

[JollyGood]

One of the main problems that Ripple faces is that the SEC are saying it violates federal law by being a security token rather than anything else. Ripple admitting they broke the rules is a dangerous thing to happen they should not admit to anything but go for a settlement without accepting guilt.

Whether they settle out of Court or not this will set a precedent for how the SEC goes after other crypto they see as a security token and what those crypto have to do if they want to stay operational.

That's the best thing to do if they admit they have violated the rules, but based on your opinion, do you think its possible for a settlement? They will just pay for the monetary penalty, or the case is really serious?

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[anonymous3x]

[JollyGood]

Seeing the XRP price go over the $1 mark today even with all the hassles Ripple is facing with the SEC is in itself a major feat. I hope XRP will continue to rise and maybe beat its all-time-high of $3.84 before the lawyers start the battle in Court.

[LUCKMCFLY]

After having risen so much XRP, since 2018 a pump of this magnitude has not been seen, some speculate a lot about it, reading the news a bit I came across this article where what this trader named Clark says catches my attention:

“Not for nothing, $XRP technically has taken all necessary strides to be bullish. After the exchange delistings and write-off by most of CT, this essentially left the market short from both a positional and sidelined standpoint. This can move much higher.”

on the other hand Kaleo said:

“$XRP / $BTC is about to break out of a 3+ year downtrend. Zero exposure here seems irresponsible. When this sh*tcoin starts to pump, it makes vertical moves (aka all at once for a burst). Still very early.”

Source: https://cointelegraph.com/news/xrp-surpasses-1-for-the-first-time-since-2018-what-s-behind-it

Everything may be pointing to XRP continuing to rise in price, this is more interesting for XRP lovers. I am thinking of buying a little and leaving an order of + 30%.

[Super Bitard]

Ripple lodges small wins in legal fight as SEC agrees to partial redactions
https://coingeek.com/ripple-lodges-small-wins-in-legal-fight-as-sec-agrees-to-partial-redactions

[Ziskinberg]

Ripple lodges small wins in legal fight as SEC agrees to partial redactions
https://coingeek.com/ripple-lodges-small-wins-in-legal-fight-as-sec-agrees-to-partial-redactions

It's nice to see that Ripple is standing their ground, and they have some small wins but the battle might be long. Whatever the court will decide on Ripple's violation, hopefully they will only settle financially and with some minor punishment so the project will continue its development and investors will not be affected. This new is a good signal to buy again.

[JollyGood]

XRP price is now stabilising at around $0.90 to $1 mark and that is excellent news for investors. If Ripple manage to either make a short and swift deal with the SEC the price of XRP will flourish and if they get drawn in to a long drawn out litigation then XRP price will still be potentially lucrative enough for traders and investors to make money on short-selling if they do not want to risk long term investment.

[LUCKMCFLY]

Currently the Bitcoin market is going through a good time, it is gaining ground above $ 60k, having a very good start due to its consolidation that has been at $ 58k for more than two months, this has somehow helped the altcoins, For its part, XRP follows the movement of Bitcoin, it is expected to reach $1.35 approximately if it continues to rise, at the moment it oscillates at $1.2, the trend that for now is noticeable is bullish:

Despite the ongoing rise, growth may continue to the far restest level of $1.3561. Around that level, bears might seize the short-term initiative for a while; however, the long-term trend remains bullish.

Source: https://u.today/btc-eth-xrp-bnb-and-ada-price-analysis-for-april-10

In the technical analysis it is seen that they use the "Volume Profile" in which there are many orders at the price of $ 1, this is a good indication, if the offer is eliminated at that price level, the price may rise even more.

[JollyGood]

XRP seems to have stabilised past the $1 mark. With the current increase in crypto maybe the price would have gone past its previous all time high had the SEC not initiated a legal case against Ripple.

Currently trading at $1.33 XRP is doing very well.

[McWorse]

Thank you for sharing this information LUCKMCFLY!
XRP hit the 1.36$ minutes ago. Very dynamic growth at the moment. Now at 1.37$ ...

[LUCKMCFLY]

Thank you for sharing this information LUCKMCFLY!
XRP hit the 1.36$ minutes ago. Very dynamic growth at the moment. Now at 1.37$ ...

It is an incentive that my information is helping you, in fact I think that the recent increase could also be due to this:

XRP Price Surges 40% to $1.4 as Court Disallows SEC to Access Ripple’s Execs Personal Records

Judge Netburn has sided with Ripple ordering the SEC to withdraw its six subpoenas sent to banks requesting personal financial information from company executives.

Source: https://cryptopotato.com/xrp-price-explodes-40-to-1-4-as-court-disallows-sec-to-access-ripples-execs-personal-records/

Sometimes the market does not react instantly to news unless it is a Fundamental, but many XRP followers and hodlers are very attentive to the news of their favorite currency.

This news may be taking a good turn, it is causing many emotions and in fact it is manifesting itself in the market, everyone is aware of what the SEC may say, now they have more peace of mind and the price can continue to rise even more, from Anyway, you must be very cautious, the price of Bitcoin is also rising, it can cause a stagnation of the price of XRP while it occurs and then if the bullish trend is confirmed XRP can continue exploring new highs.

[JollyGood]

Things are just going to get better for Ripple now that they do not have to surrender executive user database to the authorities but this is litigation and anything could happen furrher down the line.

Here is a good read: In The Ripple Case, The SEC Is Now On Trial – And Knows It

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[Viscore]

Things are just going to get better for Ripple now that they do not have to surrender executive user database to the authorities but this is litigation and anything could happen furrher down the line.

Here is a good read: In The Ripple Case, The SEC Is Now On Trial – And Knows It

Thanks for the information, looks like SEC is not being favored in this update, but obviously it's a long trial, we don't know who will win but this is a good news for the Ripple and actually I think prirce react on that as XRP has the highest gain today in the top 100 coins in https://coinmarketcap.com/.

[Mr.Scott]

Things are just going to get better for Ripple now that they do not have to surrender executive user database to the authorities but this is litigation and anything could happen furrher down the line.

Here is a good read: In The Ripple Case, The SEC Is Now On Trial – And Knows It

Thanks for the information, looks like SEC is not being favored in this update, but obviously it's a long trial, we don't know who will win but this is a good news for the Ripple and actually I think prirce react on that as XRP has the highest gain today in the top 100 coins in https://coinmarketcap.com/.

I'm getting confused whether am I holding or selling? Is it good idea to sell a fraction to get the investment back in case it tanks after receiving negative news. XRP is on riding based on recent SEC update, their nothing solid reason except this.

[JollyGood]

Well it is a risk, either you hold or you sell you have to make a choice but with the recent news about the SEC having a setback against Ripple it seems like this could be the start of something big for the XRP price.

I'm getting confused whether am I holding or selling? Is it good idea to sell a fraction to get the investment back in case it tanks after receiving negative news. XRP is on riding based on recent SEC update, their nothing solid reason except this.

[McWorse]

I'm getting confused whether am I holding or selling? Is it good idea to sell a fraction to get the investment back in case it tanks after receiving negative news. XRP is on riding based on recent SEC update, their nothing solid reason except this.

Nobody serious will tell you. Because nobody knows, what will happen tomorrow. If you hold the coins on someone else's advice and the price will crash? Or if you sell them, and the price will explode? It is your own decision. But maybe it comforts you: I am asking myself the same question at the moment...

Well it is a risk, either you hold or you sell you have to make a choice but with the recent news about the SEC having a setback against Ripple it seems like this could be the start of something big for the XRP price.

We have to wait and see.

Does anyone know what the time frame is for the SEC's decision?

[jocker-poker1]

Seeing the XRP price go over the $1 mark today even with all the hassles Ripple is facing with the SEC is in itself a major feat. I hope XRP will continue to rise and maybe beat its all-time-high of $3.84 before the lawyers start the battle in Court.

  Some of us bought ripple at over $3 in 2017 and are still hodling up till now, from out point of view there's still no light at the end of the tunnel.

[rodskee]

Seeing the XRP price go over the $1 mark today even with all the hassles Ripple is facing with the SEC is in itself a major feat. I hope XRP will continue to rise and maybe beat its all-time-high of $3.84 before the lawyers start the battle in Court.

  Some of us bought ripple at over $3 in 2017 and are still hodling up till now, from out point of view there's still no light at the end of the tunnel.

What ? serious of that? bought at the ATH back then and still holding up to now? you are a real supporter lol.
You can at least sold your coins and try to invest in fast moving currency than waiting for couple of years now?
Good for me that I rebuy XRP early this year after selling all my coins in November last year when the price start to fell down .
But made up my mind just last January and trust the coin once again and now? Boom Jackpot i am earning 5 folds already .

[McWorse]

If interested:
Here you can find a good article that explains the whole situation around the lawsuit against ripple:

https://www.forbes.com/sites/roslynlayton/2021/03/11/sec-stumbles-in-ripple-case-lost-in-a-maze-of-its-own-making/

Great, that 6,000 XRP holders intervened in that lawsuit. Classifying Ripple coins as securities is already extremely audacious. And the proceedings in the SEC surrounding this decision are: Shady.

This makes me cautiously optimistic, that ripple will win this lawsuit.