Impact

<p>The post <a href="https://coinpedia.org/news/ripple-vs-sec-pre-trial-conference-buzz-drops-xrp-below-0-50-what-next/">All Eyes on Ripple vs SEC: Final Arguments to Determine XRP Price</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/">XRP price</a>, Ripple’s token, is at a crossroads, hovering around the $0.50 mark. The reason? Ripple’s final tango with the Securities and Exchange Commission (SEC) before their trial. This meeting’s outcome could shake XRP’s price, with hopes for a quick settlement. </p> 
<p>But with uncertainty looming over how the SEC will react to the judge’s ruling on XRP’s security status, the future looks foggy. At $0.50, XRP is at a tipping point: will it rise or fall?</p> 
<h2 class="wp-block-heading" id="h-xrp-price-analysis"><strong>XRP Price Analysis </strong></h2> 
<p><a href="https://coinpedia.org/price-analysis/doubts-loom-over-xrp-and-adas-potential-to-hit-1-in-2024-whats-next/">XRP</a> is struggling to break past $0.50, hinting at potential downward pressure if it fails. Support levels at $0.4717 and $0.4188 might come into play. On the flip side, a successful breach could trigger a bullish rally, eyeing $0.5310 and beyond. The final pretrial conference holds sway over XRP’s short-term trajectory, shaping investor sentiment and market dynamics.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;">BREAKING: ONLY 24 HOURS FOR THE END OF <a href="https://twitter.com/hashtag/RIPPLE?src=hash&amp;ref_src=twsrc%5Etfw">#RIPPLE</a> V.S SEC LAWSUIT! THE FINAL PRE-TRIAL RIPPLE AND SEC CONFERENCE IS SCHEDULED FOR APRIL 16. <br><br>THE <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$XRP</a> CHART FORMATION COULD BRING XRP TO $13.77<br><br>THE <a href="https://twitter.com/hashtag/XRPL?src=hash&amp;ref_src=twsrc%5Etfw">#XRPL</a> IS EXPECTED TO MOVE OVER $1 TRILLION OVER THE NEXT FEW DAYS WITH MOST MOVING… <a href="https://t.co/cW6apdUgID">pic.twitter.com/cW6apdUgID</a></p>— CryptoGeek (@CryptoGeekNews) <a href="https://twitter.com/CryptoGeekNews/status/1779946695796699541?ref_src=twsrc%5Etfw">April 15, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>Also Read: <a href="https://coinpedia.org/price-analysis/xrp-price-records-the-biggest-drop-is-this-the-right-time-to-stack-ripple-tokens/">XRP Price Records The Biggest Drop! Is This The Right Time To Stack Ripple Tokens?</a></p> 
<h2 class="wp-block-heading" id="h-how-will-the-verdict-impact-xrp"><strong>How Will the Verdict Impact XRP? </strong></h2> 
<p>The outcome of the case holds a lot of importance for XRP’s market. Judge Torres’s decision confirming XRP as a non-security brought some relief to the cryptocurrency, but there’s still uncertainty about whether the SEC might appeal. Any changes in the lawsuit, like talks of a settlement or clearer regulations, could affect how XRP’s price moves and how people feel about it. </p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">BOOOOOOOOOOOOOOOOOOM!!!<br><br>Tomorrow is Final Pretrial Conference. The SEC v. <a href="https://twitter.com/Ripple?ref_src=twsrc%5Etfw">@Ripple</a> case could end tomorrow. <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4a5.png" alt="💥" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Be Prepared for major news! <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw">#XRP</a> <a href="https://t.co/jL28aWlcYE">pic.twitter.com/jL28aWlcYE</a></p>— JackTheRippler © (@RippleXrpie) <a href="https://twitter.com/RippleXrpie/status/1779788169430315250?ref_src=twsrc%5Etfw">April 15, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<h2 class="wp-block-heading" id="h-the-drama-unfolds"><strong>The Drama Unfolds </strong></h2> 
<p>Today’s courtroom showdown pits a prosecutor against Ripple’s defense, deciding whether to proceed to trial. Optimism is high among XRP supporters, hoping for a <a href="https://coinpedia.org/news/ripple-vs-sec-settlement-expectations-runs-high-what-to-expect-on-april-16th/">Ripple-SEC</a> reconciliation. Some even dream of a swift resolution, sparking excitement among XRP fans.</p> 
<p>Read Now: <a href="https://coinpedia.org/price-analysis/bitcoin-ethereum-and-xrp-price-prediction-for-this-week-will-bears-dominate-halving-spree/">Bitcoin, Ethereum and XRP Price Prediction For This Week: Will Bears Dominate Halving Spree?</a></p> 
<p>The coming week is pivotal, with Ripple’s defense due to submit its opposition brief by April 22 and a redacted version by April 24. The SEC will counter with its rebuttal brief by May 6. The ensuing discussions and filings until May 20 will shape the future – possibly of the entire crypto market. </p>

All Eyes on Ripple vs SEC: Final Arguments to Determine XRP Price

Innehållsförteckning

CoinPedia News

Andra artiklar publicerade 16 apr. 2024

Central Bank of Fiji claims crypto is illegal

Stratis Surges Over 50% in 24 Hours While TG Casino Reaches $600k in Presale

Top Analyst Shares Essential Insights on RUNES: Reveals His Two Meme Coin Picks from the Ecosystem

Trust Wallet Asks Users to Disable iMessages: Details

10X report “We Sold Everything Last Night”, What’s in it?

OKX launches public mainnet for its ZK-powered L2 network “X Layer”

Prenumerera på vårt nyhetsbrev och få kryptouppdateringar varje dag!