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Author Topic: Could XRP win in SEC case be a start for next bull run?  (Read 383 times)
Blitzboy
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July 25, 2023, 09:08:00 AM
 #61

After quite a while, this can be considered as some good news, and we all observed that several altcoins moved along with XRP. So, in my opinion, the market has definitely received a favorable boost. We are all aware that XRP has not been rising for a long time, but as soon as the news came, it seemed as if a new life was infused into XRP, like a rebirth. However, the bull run has not commenced yet, and we are all positively anticipating further positive movements in the market soon.

XRP won at the right time because we're about entering the bull market and XRP can be among some of the top gainers for the bull market and since they're not having the SEC sueing them, the price of their tokens can increase with others instead of staying down as it did the last time. XRP would had been worth more that $10 if the lawsuit wasn't active against them.
XRP is an old project therefore they're not like the new projects that might scam their investors. XRP would be around for a very long time therefore if you're looking for a long term investment then you can decide to invest in XRP and hold your tokens. The market received a boost because of XRP winning their lawsuit but their victory isn't enough to turn the market from bear to bull.
XRP needs to use this positive momentum to get the price to atleast $1 so in the bull market the price will be targeting $10 and that'll make investors to get 1000% increase and make a nice profits. I don't think XRP will keep increasing while the rest if the market is experiencing a correction because of Bitcoin price falling below $30,000 but the market will get support soon.
With the SEC lawsuit behind, its indeed true that XRP's price isnt shackled as it was previously. And oh boy! What a sigh of relief it is. XRP's potential to cross the $10 mark, had the lawsuit not been active, is something that we've been robbed of seeing. However, its not just about being an old project or escaping the lawsuit, XRP needs to step up its game to capture and leverage the post-lawsuit enthusiasm. You mentioned the $1 target - quite achievable indeed; the $10 target though - now that's a delicious proposition.

Do not be so quick to pop the champagne yet. The Bitcoin price dip, and the general market correction, may bring some temporary chills. But rest assured, XRP's victory has given the market a much-needed morale boost.

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Dave1
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July 26, 2023, 03:01:15 AM
 #62

After quite a while, this can be considered as some good news, and we all observed that several altcoins moved along with XRP. So, in my opinion, the market has definitely received a favorable boost. We are all aware that XRP has not been rising for a long time, but as soon as the news came, it seemed as if a new life was infused into XRP, like a rebirth. However, the bull run has not commenced yet, and we are all positively anticipating further positive movements in the market soon.

XRP won at the right time because we're about entering the bull market and XRP can be among some of the top gainers for the bull market and since they're not having the SEC sueing them, the price of their tokens can increase with others instead of staying down as it did the last time. XRP would had been worth more that $10 if the lawsuit wasn't active against them.
XRP is an old project therefore they're not like the new projects that might scam their investors. XRP would be around for a very long time therefore if you're looking for a long term investment then you can decide to invest in XRP and hold your tokens. The market received a boost because of XRP winning their lawsuit but their victory isn't enough to turn the market from bear to bull.
XRP needs to use this positive momentum to get the price to atleast $1 so in the bull market the price will be targeting $10 and that'll make investors to get 1000% increase and make a nice profits. I don't think XRP will keep increasing while the rest if the market is experiencing a correction because of Bitcoin price falling below $30,000 but the market will get support soon.
With the SEC lawsuit behind, its indeed true that XRP's price isnt shackled as it was previously. And oh boy! What a sigh of relief it is. XRP's potential to cross the $10 mark, had the lawsuit not been active, is something that we've been robbed of seeing. However, its not just about being an old project or escaping the lawsuit, XRP needs to step up its game to capture and leverage the post-lawsuit enthusiasm. You mentioned the $1 target - quite achievable indeed; the $10 target though - now that's a delicious proposition.

Do not be so quick to pop the champagne yet. The Bitcoin price dip, and the general market correction, may bring some temporary chills. But rest assured, XRP's victory has given the market a much-needed morale boost.

There is no bull run to start after Ripple Labs won their case. It was just temporary surge in price, it's the hype I guess. But after a few days, the prices of altcoin market plummeted already.

So I guess who have taken the advantage of that news could have sold their XRP to make a profit. So we need to officially wait for the next bull run in 2024 because that is where the real action is. Just imagine though if this news happens in the bull run, the price could really go up on a parabolic rise. But it's not over, we can still accumulate as much as we can and prepare for the eventual new ATH whether its XRP or other top altcoins.

R


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yohananaomi
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July 26, 2023, 08:25:49 AM
 #63

Bear markets are influenced by negative events, while the other way around for bull, both depending on significant 'base' event, paving way for further.

I believe this xrp ruling could be start of the next bull run, and we will be seeing positive events from now on. Halving is also coming which should propel up the market as well. What do you think?
The movement of crypto will always occur on two sides, which cannot be avoided: the negative side will be affected by a bear market, and the positive side will be connected with a bull market. This situation will always be repeated and will occur at any time, whether it is influenced by real news or just issues.Likewise, with the news about XRP against the SEC, it will obviously have a positive impact, which might, as you say, be the start of a bull market.but I have no doubt that a bull market will occur later this year as well as in preparation for the halving era.

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