Ripple $2.27 The effects of the proceedings between the US Securities and the Stock Exchange Commission (SEC) continue to be discussed in the crypto money market. Investors are wondering how the decision will be reflected in the price of XRP. Experts, a positive decision can trigger the rise, while expressing the pressure of uncertainties, he says.
XRP price and uncertainty in the market
The price movements of XRP are directly linked to the course of the case between Ripple and SEC. As the legal process continues, investors behave cautiously. The XRP price is at $ 2.28 in recent days. While a decrease of 2.19 %on a daily basis, an increase of 9.47 %on a weekly basis is observed. Monthly a decline of 17 %.
Lawyer Bill Morgan says that the legal uncertainty on XRP suppresses price movements. “Despite the rumors of SetTlement, the uncertainty of the process of appelor, despite the rumors of Settlement, warns investors by saying that the XRP price”. Market experts emphasize that price fluctuations may vary according to the case process.
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According to expert analyzes, if the case results in Ripple in favor, a significant increase in the price of XRP may be experienced. However, sales pressure may increase if the legal process is prolonged or if the SEC wins. For this reason, investors closely follow the developments.
Ripple’s strategy and view of the future
Eric Van Miltenburg, one of Ripple’s senior executives, says that the company continues its global development. Van Miltenburg states that the legal process does not affect Ripple’s activities and focuses on the company’s expansion targets.
Ripple continues to develop cross -border payments and financial solutions. The company’s adaptation to regulations in different countries is part of its long -term plans. Investors believe that Ripple can increase market value with business partnerships and technological developments.
The expectations of the case are based on different views. Some experts say that a solution can be reached in a short time, while others suggest that the process can continue for years. This uncertainty increases fluctuations in the XRP price. Market analysts estimate that the XRP can enter the rise trend in the coming months.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
