XRP has been very strong this month. After the correction, it is almost at the high point of this month. Is there any news that can push it up next?

As shown in the figure, I pointed out on July 18: buy XRP at $0.54 and sell at $0.6. At present, the profit has been completed as planned.

As for the reason for the sharp rise of Ripple XRP this month, it was analyzed in the article on July 18. It was because the SEC had sued XRP before, and in early July this year, a US judge ruled that the sale of XRP by the exchange did not constitute an investment contract. This ruling helped XRP win the lawsuit, ignited market sentiment and soared.

The decline of BTC a few days ago and the news that the meeting was postponed led to the market sentiment returning to normal, XRP falling briefly, and also gave us the opportunity to buy.

On July 25, the US Securities and Exchange Commission will hold a settlement meeting with XRP. XRP is likely to rise again as a result!

Prior to this, the US Securities and Exchange Commission sued XRP for four years, claiming that XRP was sold as an unregistered security. If XRP fails, it will suffer a serious depreciation.

If this meeting goes smoothly and a settlement is reached, it will mean that XRP wins the four-year lawsuit and paves the way for it to become the world's leading payment settlement network.

If nothing unexpected happens, Ripple XRP is likely to rise sharply after the meeting, because this can be regarded as one of the biggest positives in the history of XRP. Combined with news such as Ethereum ETFs and the current upward trend of the market, perhaps now is a good time for us to increase our holdings of XRP.