Satoshi

Tellor

<p>The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has been a long and arduous one, with both sides presenting their arguments in court. As the case nears its conclusion, many in the <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a> community are speculating about the potential impact a favorable ruling for Ripple could have on the price of the digital asset.</p>
<p><a href="https://twitter.com/DEarthshaker/status/1786409596820525094?t=kKAnMoVr5TtCGZsx1aORZg&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">Attorney Jeremy Hogan</a>, known for his commentary on the Ripple case, has suggested that if the judge rules that Ripple can pay an affordable amount, it would constitute a win for the company. This has led some XRP holders, like Luke Thomas, to express hope that a victory against the SEC could prompt a significant price surge for the cryptocurrency.</p>
<p>Thomas, who claims to have held XRP since 2017 without selling a single token, expressed optimism that Ripple’s legal team can <em>“cross the finish line”</em> after nearly four years of battling the SEC. He speculates that Ripple may be required to pay a settlement ranging from $100 million to $800 million, which could pave the way for a positive outcome for long-term XRP holders like himself.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="reasons-xrp-might-never-deliver-a-substantial-roi">Reasons XRP Might Never Deliver a Substantial ROI</h2>
<p>However, not everyone shares the same level of enthusiasm regarding XRP’s potential for a meaningful return on investment (ROI) from its current price levels. A user going by the name <a href="https://twitter.com/marcuscent/status/1786363975048859795" target="_blank" rel="noopener noreferrer nofollow">“TheRealist”</a> questioned the top three reasons why XRP might never deliver a substantial ROI.</p>
<p>TheRealist cited several factors that could potentially hinder XRP’s price appreciation, including the founders’ alleged sale of enormous amounts of XRP for years with little consideration for holders, the ongoing SEC case dampening performance, and concerns over XRP’s utility.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/why-is-tellor-trb-price-up-by-42-this-could-be-the-beginning-of-massive-upward-spikes/" target="_blank" rel="noopener noreferrer nofollow">Why Is Tellor (TRB) Price Up By 42%? This Could Be the Beginning of Massive Upward Spikes</a></em></strong></p>
<p>Addressing these points, TheRealist explained that while the chart may show a downward trend, it does not necessarily mean the price cannot recover. But beyond the charts and Ripple’s win against the SEC, there are other reasons the price will remain down in the long term. The reasons cited were: Extreme greed exhibited by the founders through massive XRP sales without regard for holders and doubts surrounding XRP’s utility.</p>
<h2 class="wp-block-heading" id="xrp-price-continues-consolidation">XRP Price Continues Consolidation</h2>
<p>After a prolonged slump, XRP’s price has started to recover over the past three days, following the upward trend of many other cryptocurrencies. However, it is worth noting that XRP’s price movements tend to be more subdued compared to the broader market, with less pronounced dips and rallies.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="464" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-93-1024x464.png" alt="" class="wp-image-486129" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-93-1024x464.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-93-300x136.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-93-768x348.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-93-1536x696.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-93-2048x929.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-93-331x150.png 331w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-93-100x45.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-93-772x350.png 772w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-93-788x357.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-93.png 1824w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Currently, market participants may not anticipate significant price appreciation for XRP until the SEC lawsuit is resolved. A favorable outcome for Ripple could potentially attract more trading volume and encourage new investors to purchase the token, potentially driving up its value.</p>
<p><strong>A Potential 30% Price Move to Exploit:</strong></p>
<p>Throughout 2024, XRP’s price has been consolidating between $0.49 and $0.65. With the market currently trading around the lower end of this range at $0.52, we expect a potential rally to above $0.60, where resistance could be encountered. This represents a potential 30% price move that traders may look to capitalize on.</p>
<p><em><strong>Hunting for a small cap coin that could explode 10x? We’ve unveiled a few last week alone.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram community.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/why-ripple-may-never-deliver-substantial-profit-despite-a-win-against-sec-xrp-bulls-eye-this-30-price-move/" rel="noopener noreferrer nofollow">Why Ripple May Never Deliver Substantial Profit Despite a Win Against SEC: XRP Bulls Eye This 30% Short-Term Move</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Why Ripple May Never Deliver Substantial Profit Despite a Win Against SEC: XRP Bulls Eye This 30% Short-Term Move

Tabla de contenidos

CaptainAltcoin

Otros artículos publicados el 3 may 2024

Jim Cramer Predicts AI Will “Drive Refresh For Apple”

Bitcoin (BTC) Analyst Predicts Initial Drop Followed by Price Surge: Reveals Key Targets

Arweave (AR) Price Surges 23% Today! Eyes To Hit $50 In May?

Ethereum’s Resistance Nearing Breakthrough?

Toncoin Price Forecast: $20 Per TON Imminent On Pantera’s Strategic Move?

Bitcoin (BTC) Could Be on Verge of Reversal, This Indicator Suggests

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!