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I lost $65 and I'm a beginner
Welcome everyone. I thought I was the one who lost. The first moment it was launched, I bought it for $1,000, and after this drop, it went down to $690. 🥹... Anyway, my advice to everyone is that it will go up again after a while.
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The current trading price of $XRP cryptocurrency is $2.58 and this price is up by 99.9% in the last 7 days of trading period. This rise in the trading price of this cryptocurrency is mainly due to bullish sentiment in the cryptocurrency market.
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Peter Brandt’s New XRP Price Prediction Points to an All-Time Unbelievable Rise
Since the beginning of the week, XRP has been actively stealing the limelight from Bitcoin with its remarkable achievements; the associated Ripple token has surpassed $2.50, and its market cap is now $156.63 billion. This surge has placed XRP as one of the top three digital assets, surpassing only Bitcoin and Ethereum, and surpassing Solana and USDT. Many market participants were caught off guard by this development, and are now considering different predictions for XRP’s future price movements. Amidst this whirlwind of clashing enthusiasm, popular trader Peter Brandt, who was previously a skeptic of XRP, recently posted a bullish outlook. He shared a price chart of XRP, noting its recent breakout above the dynamic resistance at $0.92. Looking at Brandt’s chart, we can assume that the trader expects that this breakout could lead to a spike in the price of XRP to $24 per token. However, these predictions raise questions about XRP’s ability to do so, as its market cap would need to reach nearly $1.37 trillion.
$XRP
#XRP:
Since the beginning of the week, XRP has been actively stealing the limelight from Bitcoin with its remarkable achievements; the associated Ripple token has surpassed $2.50, and its market cap is now $156.63 billion. This surge has placed XRP as one of the top three digital assets, surpassing only Bitcoin and Ethereum, and surpassing Solana and USDT. Many market participants were caught off guard by this development, and are now considering different predictions for XRP’s future price movements. Amidst this whirlwind of clashing enthusiasm, popular trader Peter Brandt, who was previously a skeptic of XRP, recently posted a bullish outlook. He shared a price chart of XRP, noting its recent breakout above the dynamic resistance at $0.92. Looking at Brandt’s chart, we can assume that the trader expects that this breakout could lead to a spike in the price of XRP to $24 per token. However, these predictions raise questions about XRP’s ability to do so, as its market cap would need to reach nearly $1.37 trillion.
$XRP
#XRP:
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Ripple, SEC hold emergency meeting
A closed-door emergency meeting has been scheduled by the US Securities and Exchange Commission (SEC) with Ripple, in an attempt to reach a settlement regarding the XRP lawsuit. The official text in the image highlights the topics that the committee will discuss, including enforcement actions, resolving legal disputes, and administrative litigation procedures, confirming the seriousness of the agency in addressing the pending legal issues.
Analytically, this meeting reflects a possible change in the SEC’s approach to Ripple, and perhaps a sign that the long-running legal dispute that has sparked great controversy in the cryptocurrency market is nearing its end. The ongoing lawsuit against Ripple has had wide-ranging effects on the value of XRP, as it revolves around whether XRP is classified as a security or a digital currency. If the meeting results in a settlement, it could be a major turning point, as it will restore confidence in XRP and may lead to the lifting of regulatory restrictions imposed on it in the United States.
On the other hand, the SEC’s choice to hold a closed-door meeting indicates the sensitivity of the issue and perhaps the existence of delicate negotiations between the two parties. Such meetings reflect a desire to address matters away from public and media pressure, allowing a greater chance of reaching a mutually satisfactory solution.
#MarketDownturn
A closed-door emergency meeting has been scheduled by the US Securities and Exchange Commission (SEC) with Ripple, in an attempt to reach a settlement regarding the XRP lawsuit. The official text in the image highlights the topics that the committee will discuss, including enforcement actions, resolving legal disputes, and administrative litigation procedures, confirming the seriousness of the agency in addressing the pending legal issues.
Analytically, this meeting reflects a possible change in the SEC’s approach to Ripple, and perhaps a sign that the long-running legal dispute that has sparked great controversy in the cryptocurrency market is nearing its end. The ongoing lawsuit against Ripple has had wide-ranging effects on the value of XRP, as it revolves around whether XRP is classified as a security or a digital currency. If the meeting results in a settlement, it could be a major turning point, as it will restore confidence in XRP and may lead to the lifting of regulatory restrictions imposed on it in the United States.
On the other hand, the SEC’s choice to hold a closed-door meeting indicates the sensitivity of the issue and perhaps the existence of delicate negotiations between the two parties. Such meetings reflect a desire to address matters away from public and media pressure, allowing a greater chance of reaching a mutually satisfactory solution.
#MarketDownturn
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Trump famously wants to make America the “crypto capital of the planet,” which will undoubtedly include a more supportive regulatory environment. The next SEC chairman will be more friendly to the sector than Gensler.
Still, XRP’s price has surged in the past 24 hours, rising 24% after being held back for years by the ongoing lawsuit.
#BinanceSquareFamily
#MarketDownturn
Still, XRP’s price has surged in the past 24 hours, rising 24% after being held back for years by the ongoing lawsuit.
#BinanceSquareFamily
#MarketDownturn
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For those who own digital currencies other than Bitcoin
🔴🪙🔴🟣📶🪙🐉🟣🟢
Bitcoin acquisition is now on the rise, which affects the rise of alternative currencies, so I expect that when Bitcoin acquisition reaches the 62% area, it will rebound and fall strongly, and at that time the season of alternative currencies will begin, some of which will achieve a very strong rise, so keep your currencies now and always leave usdt. In the event of a market correction, you will strengthen your investment deals $BTC #MarketDownturn
🔴🪙🔴🟣📶🪙🐉🟣🟢
Bitcoin acquisition is now on the rise, which affects the rise of alternative currencies, so I expect that when Bitcoin acquisition reaches the 62% area, it will rebound and fall strongly, and at that time the season of alternative currencies will begin, some of which will achieve a very strong rise, so keep your currencies now and always leave usdt. In the event of a market correction, you will strengthen your investment deals $BTC #MarketDownturn
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The market is experiencing a state of excessive greed, a level we have not seen since the last Bull Run, when this greed was followed by a rapid correction after which the market resumed its upward path towards the top.
💡 Golden Rule:
Time for fear: 🛒 is the time to buy.
Time for greed: ⚠️ is the time to hedge and gradually exit.
💡 Golden Rule:
Time for fear: 🛒 is the time to buy.
Time for greed: ⚠️ is the time to hedge and gradually exit.
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Elon Musk Wants to End the Fed
Billionaire Elon Musk appeared to back calls to end the Fed by retweeting a social media post from Utah Senator Mike Lee, who argued that the bank needs greater oversight from the US executive branch.
Lee claimed that the current lack of adequate executive oversight of the bank is a perversion of the US Constitution, and called for ending the Fed entirely.
Musk retweeted Lee’s argument with a 100% correct emoji — echoing widespread calls from sound money advocates to abolish the central bank founded in 1913.
#BinanceSquareFamily
Billionaire Elon Musk appeared to back calls to end the Fed by retweeting a social media post from Utah Senator Mike Lee, who argued that the bank needs greater oversight from the US executive branch.
Lee claimed that the current lack of adequate executive oversight of the bank is a perversion of the US Constitution, and called for ending the Fed entirely.
Musk retweeted Lee’s argument with a 100% correct emoji — echoing widespread calls from sound money advocates to abolish the central bank founded in 1913.
#BinanceSquareFamily
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#MyFirstSquarePost I recently joined Binance Square, and I'm excited to share and connect with everyone here!