What’s happening with XRP from a fundamental analysis perspective? And I’ll tell you why I post so much about Ripple :)

With the official appeal from the U.S. Securities and Exchange Commission (SEC) in the Ripple case, the XRP community is now focused on a series of crucial dates that could define the outcome of this long legal battle.

Last year, Judge Analisa Torres ruled that secondary sales of XRP did not constitute securities, which many interpreted as a victory for Ripple. However, the controversy surrounding institutional sales has kept the case in the spotlight. Now, the SEC’s decision to appeal introduces new deadlines that Ripple and XRP holders need to follow closely. #SECAppealRipple

Key moments in this appeals process include the SEC’s initial brief deadline, likely set for December 2, 2024. However, the SEC will probably request a 30-day extension, moving the deadline to January 2025.

Ripple, in turn, will file its counterclaim, with its brief expected around the same time. After that, opposition briefs will be submitted, with deadlines likely in early February 2025—although Ripple may request an extension until March.

Why does Ripple matter?

Have you seen where this project ranks among the world’s top cryptocurrencies? If you study its movements, you’ll see that you can trade it in SPOT… in a relatively “safe” way. It has always bounced back, moves within ranges, consolidates… why not buy low and sell high, repeating the same pattern over and over? While it drops, you can stake it (and earn more XRP coins while waiting for its value to rise). #TradingMadeEasy

If you still don’t understand what we’re doing in this market… it’s because you’re not following me closely enough! You already know what to doooo!!!

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