Good news for XRP

[doctor877]

This dosent seem like a good news for it. If it really is we should have seen major price movement, these little  coins

[Rengga Jati]

Yep, it is good news. Even it already boost the price of XRP in the market. I can't believe if this news can give a big impact on the XRP price in the market. It is like the XRP price has been waiting for the good news to continue again the increase. Now, if there is no bad news from SEC or XRP team, I assume that the price of XRP to soar again.

[1l1l11ll1l]

Yep, it is good news. Even it already boost the price of XRP in the market. I can't believe if this news can give a big impact on the XRP price in the market. It is like the XRP price has been waiting for the good news to continue again the increase. Now, if there is no bad news from SEC or XRP team, I assume that the price of XRP to soar again.

If it is true they can solve their problem with the SEC, of ​​course this will be one big bounce back and congratulations to those who bought it when the price dipped at $0.17. but I'm not sure the SEC will drop the case that easily, so let's wait for the next update in a few days

[Quidat]

"Here’s the note I sent to Ripple employees today regarding Ripple’s preliminary legal response to the SEC’s complaint."

https://ripple.com/insights/sec-update-preliminary-ripple-response/

Having news or dont have but still the price do able to recover on its own this is why im not really that too fan of believing when it comes to events.Somehow that SEC issue did really
make out some significant effect overall which had shaken off those XRP investors and believing that XRP is fucked up or already done for but still it do able to hold up its position
in spite of the drop but didnt really face up that severe. It do still hold 4th ranking on the entire cap on having currently price of $0.3942 which isnt really that bad and
good thing for those who had bought when it was still cheap way back. For those who risk then its just right for them to make some bucks.

[Maslate]

Yep, it is good news. Even it already boost the price of XRP in the market. I can't believe if this news can give a big impact on the XRP price in the market. It is like the XRP price has been waiting for the good news to continue again the increase. Now, if there is no bad news from SEC or XRP team, I assume that the price of XRP to soar again.

If this does not impact the price of XRP, then I like to know what's the reason behind the current surge.

https://coinmarketcap.com/currencies/xrp/markets/

Volume has increased 160% while the price have increase by 38%... it's a big bounce back after days of struggle.
Again, what could be the reason?

[eaLiTy]

What is the positive news in this, they have asked the SEC and tried to counter them, another interesting aspect which is seen is that the Ripple labs have filed a freedom of information act request to understand about the SEC take on BTCitcoin and Ether and it is going to be interesting to know how the SEC view ETH and whether they will be facing the same issues as ETH raised money in the form of ICO.

[Saisher]

"Here’s the note I sent to Ripple employees today regarding Ripple’s preliminary legal response to the SEC’s complaint."

https://ripple.com/insights/sec-update-preliminary-ripple-response/

These are just their legal representation or defense it doesn't bring any positive news yet, because the other party will have their counter on their defense it's really far from over but at least they give holders and investors clarity of what they are fighting about, they should do an update on the case from time to time, Ripple is still hanging, but for how long.

[Zemomtum]

I don't see anything to be celebrated here that to just use it for pump and dump on unsuspecting investors. The lawsuit will not just base away like that.any troublesome still lies ahead for XRP. We need to be caution here.

[tvplus006]

The legal process is slower where XRP has enough time to pump again. We are all waiting for the final news before the Ripple investment is risky. Although this news is good enough to buy with low profit. Somehow, Ripple is not my favorite coin, but I will support it after the good announcement. But how do you recover the lost price of Ripple this time?

The whole market is a big lost profit that the average trader will not be able to control. Using such positive news that the Ripple team is set to win in court and is preparing for it, help investors believe in XRP, as a result of which the price of the coin rises, get a good profit from it.

[kevinzxz]

"Here’s the note I sent to Ripple employees today regarding Ripple’s preliminary legal response to the SEC’s complaint."

https://ripple.com/insights/sec-update-preliminary-ripple-response/

This is a good news for Ripple (XRP), because now the price of Ripple (XRP) has increased 59.22% in the last 24 hours and Ripple (XRP) has even replaced Polkadot (taking his position back), so now Ripple (XRP) is in rank 4 on coinmarketcap and I believe the price of Ripple (XRP) will continue to increase very high, so there is still a chance to get profit from investing in Ripple (XRP) at this time.

[aioc]

"Here’s the note I sent to Ripple employees today regarding Ripple’s preliminary legal response to the SEC’s complaint."

https://ripple.com/insights/sec-update-preliminary-ripple-response/

maybe all of this is just a drama so that the price of XRP falls and it is easy to get a lot of profit when it is bullish, and in the end it is true,
if Ripple says that they are legal in cryptocurrencies of course this will be an important statement, what we have to understand is,
Ripple is big project, you could say this project is like Amazon or maybe Western Union, so it's not easy to be collapsed!

It's being contested that is why they have an ongoing case and they should prove that they are not a security, of course, they will and must present their best defence and update their community, but it all goes down to what the court will say about their status and on what side has the best interpretation base on the law, and they are going to collapse once they lose this case.

[Pamadar]

Yep, it is good news. Even it already boost the price of XRP in the market. I can't believe if this news can give a big impact on the XRP price in the market. It is like the XRP price has been waiting for the good news to continue again the increase. Now, if there is no bad news from SEC or XRP team, I assume that the price of XRP to soar again.

You said it right. This news pumped the price and if there's nothing more coming from SEC.

Then expect that another high will be recorded to this coin, there's a chance that it will gain back it's position and try to compete again with ETH, there's always possibilities that once a pump take place it will going to go bigger or in the other-side it can also a trapped that investors needs to double check.

[MarcAss]

XRP right now is good to trade for short, into it right now

[asriloni]

That article published by XRP and that makes sense if the XRP was saying if he was feeling fine with it. he says like he was arguing all of the questions easily. We didn't know what will be saying from the SEC's side.
This news to reduce the tension on the crypto market. I guess if this news is the main reason why XRP was getting pumped yesterday.
It looks like the latest pump could be the short term pump only as ripple is not yet pumped.

[bitkanu]

I don't see anything to be celebrated here that to just use it for pump and dump on unsuspecting investors. The lawsuit will not just base away like that.any troublesome still lies ahead for XRP. We need to be caution here.

Did you read the news? ripple foundation just publishes it to make the public knows about what already talked by SEC to the ripple executives about the ripple illegal security token offering.
So many people are thinking if that was good news and that's why they are using it as the reason to FOMO to ripple market.
You can see more than 50% increase in a day. And that's a pump caused by this news dude.

[cryptomaniac_xxx]

On the contrary, just checking the price of XRP, it is around $0.40 and a huge spike in the last week or so. For investors still this is a good sign that XRP is still and kicking despite the lawsuit. However, the future is still not very clear because everything hangs on the decision on the case. And if it drag for more and years then it might turn for the worst.

[FairUser]

Is there any conspiracy theories for this case guys? XRP is driving me crazy because of it, but if you have heard of a lot of people starting fomo XRP then we need to reconsider everything. As far as I can see it is increasing by 50% in less than 24 hours, and the fomo team continues to increase the number of members, this and the news you share is giving XRP a big boost. I think things are not over for XRP, many people's trust is slowly regaining for XRP.

[traderethereum]

It is difficult for ripple to back to the last high price, mostly I think the investors already sell their coin after the bad news comes out.
If ripple can back to the last high price, it will give a ripple a chance to make a new ATH and attract more investors who leave the project back again and invest their money.
At that time, maybe ripple will have a big chance to increase and maybe the price can break the last ATH a few years ago.
We need to wait and see what impact from that news, and if that gives a good impact, you can try to invest in ripple but still be careful.

[Shasha80]

I don't get good news from the article in the opening post, there is still no official decision from the court regarding XRP. The article is only trying
to convince investors that everything will end up okay. But the reality is not good with the XRP situation right now. Even the volume of XRP is
decreasing and several exchanges have decided to delist XRP. If XRP wants to restore investors' trust, there is no other way but to win the case in court.

[Twinkledoe]

I don't get good news from the article in the opening post, there is still no official decision from the court regarding XRP. The article is only trying
to convince investors that everything will end up okay. But the reality is not good with the XRP situation right now. Even the volume of XRP is
decreasing and several exchanges have decided to delist XRP. If XRP wants to restore investors' trust, there is no other way but to win the case in court.

Maybe a re-assurance to xrp holders that they are still doing something regarding their situation. At least official statement coming from them. We have been waiting their response or any news coming from the xrp team themselves. It seems they carefully studied to publish this public statement and they are ready to face SEC in court. Seems positive for XRP believers.