The news is out, Ripple’s finally won its battle against the SEC. CEO Brad Garlinghouse is beaming with pride, calling it a resounding victory for Ripple, for crypto, every way you look at it.
It was a moving match
Good news, but let’s not get ahead of ourselves, as attorney Jeremy Hogan reminds us that there are still some cards on the table.
Ripple might continue its appeal, or they might just pay up and move on. The possibilities are endless, but one thing’s for sure, XRP fans are feeling optimistic.
Now, about that XRP price. Crypto analyst Dark Defender has some interesting charts to share. It seems XRP broke through a descending trend line, which is a big deal.
This clear break-out near $2.47 suggests that the downward spiral is over, and the bulls are taking charge. But how high can it go?
Dark Defender’s got some fancy Elliott Wave theory to back it up. Apparently, we’re looking at a new impulsive wave structure, with Wave 3 being the strongest.
The targets? A cool $3.94, with potential resistance around $3.78.
Higher
But here’s the twist, Dark Defender thinks XRP could go even higher, into the $4.50 region. And if we’re feeling really lucky, maybe even above $6.
Now, that’s what I call a dream scenario. Of course, there are corrective waves to consider, but the overall trend looks promising.
So, can XRP really reach for the stars? Only time will tell, but for now, the future looks bright. Really bright!
Long term perspective
Let’s put this into perspective, shall we? Imagine investing in something that could potentially triple in value.
It’s like finding a winning lottery ticket in your pocket. But remember, crypto is a wild ride, one day you’re up, the next you’re down.
If you’re in this for the long haul, you might just find yourself smiling all the way to the bank.
XRP’s got its sights set high, and if it can keep this momentum going, who knows? Maybe it’ll be the next big thing.
Have you read it yet? The people have spoken, delisting vote is coming on Binance
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