CandleFocus XRP Holders Fight Growing FUD Sentiment as SEC Appeals in Ripple Case, Analysts React With Bullish XRP Predictions
2024-10-05
Author: Content Editor
The SEC's appeal in the Ripple case has created concern among traders and sparked discussions about a prolonged bear market. However, one analyst reassures the XRP community that the appeal is only targeted at the fine and monetary aspects of the ruling, not the security status of XRP. This news is seen as bullish and has led to the filing of the Bitwise ETF. Additionally, crypto analysts predict a strong impact on the XRP price, with one expecting a rally of around 50% and another suggesting a potential rise to $0.75. These predictions are based on the observation that XRP's position looks different from other altcoins and it has outperformed the market since June.
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