Cryptocurrency

Hope

Bitcoin

<ul>
 <li><strong>Max Keiser claims XRP holders are awaiting a rally that will never happen, sparking controversy around Ripple.</strong></li>
 <li><strong>The ongoing legal battle between Ripple and the SEC has put XRP under significant pressure, with some analysts forecasting a potential collapse of the token.</strong></li>
</ul>
<p>The cryptocurrency world is known for its volatility and unpredictability, where some projects soar to great heights, while others struggle to stay afloat. <a href="https://www.ethnews.com/frustrated-xrp-investors-are-turning-to-this-ai-presale-token-with-promised-5000-profit-potential/" rel="noopener noreferrer nofollow">XRP</a>, the cryptocurrency linked to Ripple, has been the subject of heated debate, especially following recent comments by Max Keiser, a well-known Bitcoin maximalist.</p>
<p>In a statement that stirred up the crypto community, Keiser proclaimed that</p>
<blockquote>
 <p>“the XRP rally will never happen,”</p>
</blockquote>
<p>directly attacking the hopes of XRP investors. This declaration comes at a time when <a href="https://www.ethnews.com/xrp-volume-surges-66-as-bulls-take-control-is-a-price-rally-imminent/" rel="noopener noreferrer nofollow">XRP</a>’s price is under pressure, largely due to the ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC). While some investors remain optimistic about a potential recovery, Keiser’s remarks are a sharp reminder of the challenges XRP faces.</p>
<h2 id="max-keiser-s-criticism-of-xrp">Max Keiser’s Criticism of XRP</h2>
<p>Max Keiser is no stranger to controversy in the crypto world. A vocal supporter of Bitcoin and a fierce critic of alternative cryptocurrencies (often referred to as altcoins), Keiser has long targeted XRP. In a recent Twitter post, he doubled down on his belief that XRP is doomed, sharing a video metaphorically comparing <a href="https://www.ethnews.com/btc-etfs-see-huge-weekly-outflows-xrp-struggles-to-get-back-on-track-cybro-makes-another-huge-presale-achievement/" rel="noopener noreferrer nofollow">XRP</a> investors to a helpless baby bird unable to catch a worm.</p>
<p>Keiser’s disdain for XRP is well-documented, having previously described it as a centralized project designed to extract money from unsuspecting investors. He has often labeled <a href="https://www.ethnews.com/xrp-eyes-1000-gains-but-ai-powered-cybro-might-overtake-it-as-the-top-performer-by-2025/" rel="noopener noreferrer nofollow">XRP</a>, along with other altcoins, as “S-Coins,” a derogatory term reflecting his belief in their inferiority to Bitcoin.</p>
<p>Keiser’s latest verbal offensive coincides with a difficult period for <a href="https://www.ethnews.com/ethereum-predicted-to-fall-50-xrp-drops-after-sec-appeal-why-ftt-and-cybro-are-the-future-of-altcoins/" rel="noopener noreferrer nofollow">XRP</a>. In October, the cryptocurrency’s value dropped by 16%, largely due to developments in the ongoing legal battle between Ripple and the SEC. The SEC recently filed an appeal against a ruling by Judge Analisa Torres, which has only added to the uncertainty surrounding XRP’s future.</p>
<h2 id="hope-amid-legal-and-market-pressures">Hope Amid Legal and Market Pressures</h2>
<p>Despite the bleak outlook presented by Keiser, not everyone is ready to write off XRP. Jack The Rippler, a respected voice within the crypto community, has pointed out a potential bullish pattern emerging for the token. He suggests that <a href="https://www.ethnews.com/ripple-xrp-climbs-to-top-5-surpassing-sol-but-whales-are-betting-on-this-emerging-altcoin/" rel="noopener noreferrer nofollow">XRP</a> is currently in a consolidation phase, forming a descending triangle—a technical pattern that has historically preceded significant price increases.</p>
<p>This pattern was notably observed in 2016 and 2020, both times resulting in strong upward movements. Additionally, large movements of <a href="https://www.ethnews.com/ripple-positioned-for-a-strong-rebound-as-whales-back-2x-ada-cybro-moonshot/" rel="noopener noreferrer nofollow">XRP</a> between wallets and exchanges, often by so-called “whales,” have sparked renewed interest in the token’s potential volatility.</p>
<p>However, this cautious optimism is overshadowed by the looming legal threat. The outcome of Ripple’s case with the SEC remains a critical factor that could shape XRP’s future. Should the SEC prove that <a href="https://www.ethnews.com/mercado-bitcoin-teams-up-with-ripple-a-strategic-leap-or-a-regulatory-nightmare/" rel="noopener noreferrer nofollow">Ripple</a> violated U.S. securities laws, the consequences for XRP could be dire, with some analysts predicting that the token’s value could plummet to as low as $0.11. On the other hand, a favorable ruling for Ripple could open the door for a significant recovery, potentially driving XRP back to previous highs.</p>
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<p>The post <a href="https://www.ethnews.com/is-xrp-on-the-brink-max-keiser-warns-of-impending-collapse-for-ripples-cryptocurrency/" rel="noopener noreferrer nofollow">Is XRP on the Brink? Max Keiser Warns of Impending Collapse for Ripple’s Cryptocurrency</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.</p>

Is XRP on the Brink? Max Keiser Warns of Impending Collapse for Ripple’s Cryptocurrency

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