
Bitboy Remains Bullish on XRP Despite $5B Drop
Crypto influencer Bitboy challenges the notion that the decline in XRP’s price suggests a lack of potential for future price growth.
Crypto influencer Bitboy challenges the notion that the decline in XRP’s price suggests a lack of potential for future price growth.
Despite a 3%+ fall, XRP keeps its bullish medium and long-term momentum. Technical analysis shows neutral sentiment currently with a mix of indicators. XRP must climb over 31% to meet the 5-day target of $0.901250.
Shannon Thorp, a Treasury Management expert, highlighted the divided opinions within the XRP community regarding price outlooks, with some relying on Bitcoin-linked charts for short-term predictions while utility-focused believers anticipate partnerships driving the price.
Crypto lawyer John Deaton says the SEC’s appeal of the recent court victory for Ripple Labs regarding XRP is not a major setback for the favorable ruling.
The recent Ripple court ruling offers some clarity on crypto regulations but still leaves much uncertainty, as the SEC continues expanding its oversight and legal battles across the crypto sector.
XRP price recovers as SEC lawsuit verdict looms; crypto analyst predicts bullish pattern and $9 target, following a significant decrease in price due to SEC’s actions and a regulatory crackdown.
The University of Toronto partners with Ripple to launch an independent XRP ledger validator to support the next generation of the crypto industry.
Lawyer John Deaton notified his followers through his daughter’s account, encouraging them to report the hack while the XRP community took action to raise awareness.
The number of daily active addresses associated with XRP has surged to its second-highest level in May, fueling traders’ expectations of a potential price rally.
John Deaton, an advocate for Ripple, argues that when cryptocurrencies like XRP and Bitcoin are traded in the primary market, they can be regarded as securities. By taking this stance, there may be a chance of reconciliation between the US Securities Exchange Commission (SEC) and Ripple.