bullish

<ul class="wp-block-list">
 <li>The SEC’s latest Ripple case appeal has sparked FUD amongst XRP holders.</li>  
 <li>While many fear a prolonged bear market, analysts remain unmoved.</li>  
 <li>Multiple XRP analysts continue to share bullish XRP price expectations.</li> 
</ul>  
<p>The <a href="https://cryptonewsland.com/jeremy-hogan-warns-secs-xrp-appeal-could-backfire-ripple-poised-to-challenge/" target="_blank" rel="noopener noreferrer nofollow">SEC’s appeal</a> in the Ripple case has led to rising FUD discussions as many traders worry about a prolonged bear market. The expectation for XRP to set new ATHs this bull cycle is greater than ever thanks to Ripple’s victory against the SEC. XRP missed the last bull cycle and analysts expect the altcoin to pump harder this cycle.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/xaif_03/status/1842051319097671940
 </div>
</figure>  
<h2 class="wp-block-heading" id="h-sec-appeal-cannot-harm-xrp-progress">SEC Appeal Cannot Harm XRP Progress</h2>  
<p>However, the new <a href="https://www.sec.gov/" target="_blank" rel="noopener noreferrer nofollow">SEC</a> appeal in the Ripple case has caused strife as XRP holders fear the altcoin missing another bull cycle. To address this issue, one analyst steps up to alert the masses. He says that the SEC is only appealing the fine and monetary aspects of the August 24 ruling and not the security status of XRP.&nbsp;</p>  
<p>He says this is incredibly bullish news and explains why the Bitwise ETF has been filed. Meanwhile, reputed crypto analysts share bullish predictions, the latest of which points to micro moves in the XRP/BTC price chart. The analyst, <a href="https://x.com/egragcrypto/status/1842116118229467493" target="_blank" rel="noopener noreferrer nofollow">Egrag Crypto</a> expects a huge impact for <a href="https://coinmarketcap.com/currencies/xrp/" target="_blank" rel="noopener noreferrer nofollow">XRP price</a> very soon.&nbsp;</p>  
<h2 class="wp-block-heading" id="h-xrp-prepares-for-swift-upward-movement">XRP Prepares For Swift Upward Movement</h2>  
<p>Another analyst explores the XRP price chart. He takes a close look at the 12-hour chart stating that the last time the asset saw spot volume like this, whilst seeing such a big flush in open interest and funding flirting with negative over a <a href="https://cryptonewsland.com/sec-xrp-appeal-wont-trigger-bear-market/" target="_blank" rel="noopener noreferrer nofollow">prolonged period</a>, it was the bottom. Following this, XRP rallied around 50% in a short time.&nbsp;</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/Cryptoinsightuk/status/1842102288568979739
 </div>
</figure>  
<p>This rally would bring XRP up towards $0.75 and the top of our multi year range. He states that he can see this happening if BTC stops pulling back so hard and that XRP’s position looks different to many altcoins. Structurally it looks like it is ahead. Statistically it's out performed the market since June.</p> 
<p>The post <a href="https://cryptonewsland.com/xrp-fights-fud-as-sec-appeals/" rel="noopener noreferrer nofollow">XRP Holders Fight Growing FUD Sentiment as SEC Appeals in Ripple Case, Analysts React With Bullish XRP Predictions</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

XRP Holders Fight Growing FUD Sentiment as SEC Appeals in Ripple Case, Analysts React With Bullish XRP Predictions

Table of Contents

Crypto News Land

Other articles published on Oct 5, 2024

Vana Secures $25M in Funding to Overcome AI Data Wall

Shiba Inu (SHIB), Floki Inu (FLOKI), Rexas Finance (RXS): Top 3 Coins That Could Make You 10x Ric...

How Blockchain Technology is Revolutionizing This $450B Industry, Shiba Inu and Solana Holders Ac...

Bitcoin Spot ETF Inflows Skyrocket to $25M, Asset Ratio Soars at 4.68%!

PancakeSwap V2 Tops BNB Chain with $6.1B in Weekly Volume

Qubetics 2000% ROI Projections Highlighted Amid XRP’s ETF Advancements and Solana’s Price Struggles!

Join our free newsletter for daily crypto updates!