#XRP

XRP token decreased by almost 15% this month, the primary driver is SEC’s appeal in the Ripple lawsuit.
Market pundits, however, see XRP’s plunge as an opportunity for buying and not as a source of panic. In more detail, the previous price behaviors of assets and the recent activity of whales in the market imply that an XRP price boom the SEC’s recent filing in the Ripple lawsuit might create some tough obstacles to the bullish scenarios for XRP, especially if the SEC convinces the Court that the secondary trade of XRP to retail investors is unlawful in the USA.
The possibility of a cross-appeal is being discussed internally at Ripple, according to Alderoty, who said: “The SEC case against the company has been wrongheaded from the beginning.”
Brad Garlinghouse, head at Ripple asks why the agency still harbors this notion partly because they should have given up on it trying to rationalize it. After all, it lacks a rational or reasonable argument for pursuing that case.
pIn that case, it is also possible that XRP will fall below the lower trend line of the existing symmetrical triangle, which further coincides with its 50-month EMA (the red wave).
Based on its monthly chart, as of October 2024, the asset is getting closer to the peak of a similar triangle structure. These types of formations frequently precede significant directional moves, and if XRP follows past precedents, a breakout may result in major gains.
Symmetrical triangle breakouts are typically bullish, matching the triangle’s height at its widest point in relationship to price gains, especially when the triangle is in an uptrend. The current symmetrical triangle’s top for XRP is located at $0.52.
The potential upside target of the pattern is close to $23.40, which would represent a startling increase of more than 4,200 percent in the upcoming years if the price breaks above the upper trendline from this level sometime around June 2025.

A new theory by Michael Pravica, a professor of physics at the University of Nevada, Las Vegas, suggests that human consciousness might originate from hidden dimensions of the universe rather than solely from brain activity. Pravica claims that during moments of heightened awareness—like making art, practicing science, or even dreaming—our consciousness could transcend the limitations of our physical dimension and tap into these invisible realms.
Understanding Hyperdimensionality
At the core of Pravica's theory is hyperdimensionality, the idea that the universe consists of more dimensions than the four we experience: height, length, width, and time. He explains this concept using a hypothetical scenario involving a two-dimensional being. “Imagine you're a two-dimensional being living in a two-dimensional world, like a character in a comic book,” he stated. As a three-dimensional sphere passes through, it would appear as a dot that grows and shrinks, illustrating how limited perceptions can hinder understanding of higher dimensions.

Pravica believes that just as two-dimensional beings cannot perceive three-dimensional shapes, we might be unable to detect higher dimensions that exist around us. He argues that moments of heightened awareness allow our consciousness to synchronize with these hidden dimensions, providing a flood of inspiration.
Scientific Controversy and Skepticism
Pravica's theory has sparked significant debate within the scientific community. Some scientists, including Stephen Holler, an associate professor of physics at Fordham University, express skepticism. Holler suggests that the cornerstone of Pravica's theory “borders on science fiction.” He emphasizes that while we can mathematically manipulate higher dimensions, this does not prove their existence or our ability to interact with them.

Bitcoin's Price Fluctuates Amidst Market Uncertainty
Bitcoin's price experienced a significant drop on Monday, September 30th, primarily due to a "long squeeze" in the perpetual futures market. This decline coincided with growing caution in global equities as investors anticipated potential interest rate hikes from the Bank of Japan.
Despite the recent dip, Bitcoin remains on track for its best September in years, with gains of at least 7% month-to-date. The cryptocurrency market has seen increased inflows into spot Bitcoin ETFs, reflecting growing institutional interest.
Key News and Developments:
* China's Ex-Finance Minister Urges Cryptocurrency Research:

Former Chinese Finance Minister Lou Jiwei has called for increased research into cryptocurrencies following the recent approval of Bitcoin ETFs in the U.S.
* Cantor Fitzgerald CEO Calls for Bitcoin Regulation

Howard Lutnick, CEO of Cantor Fitzgerald, has suggested that Bitcoin should be regulated like gold, with clearer regulations for the cryptocurrency market.
* Bitcoin Address Activity:

The number of Bitcoin addresses holding between 0.1 and 1 BTC has grown significantly since the beginning of the year, while the number of addresses holding larger amounts has declined slightly.
It's important to note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. Investors should conduct their own research and consider the risks involved before investing in Bitcoin or any other cryptocurrency.