RippleXRP’s history has been twisted many times over the years. Many opinions have emerged following the ongoing legal battle against SEC. In December 2020, the US SEC initiated the lawsuit against XRP. The regulator had declared that XRP was a security.
Bryant McGill is a bestselling author and social entrepreneur. He recently expressed his views on Ripple’s native currency, XRP. On his LinkedIn profile, the author described himself as a thought leader in human potential and mentioned the upcoming XRP volcano.
Believers in XRP and Ripple Bullish Movement
McGill first tweetedHe believes that the Ripple and XRP volcanos will explode soon. On September’s tweet, the author replied that he still held the position outlined in the earlier tweet. The author recalled this was his stand over the past one year.
McGill appears to be a staunch supporter of the XRP cryptocurrency asset. Recent tweets by McGill are about Ripple’s token, XRP.
Similarly, Daniel Moncada, an actor in the television series Breaking Bad,’ gave a positive prediction for Ripple. Moncada posted that Ripple was the winner of its case against the SEC.
Moncada’s tweet responded to the post from David Gokhshtein, a notable fan of Ripple and XRP. Gokhshtein asked Twitter followers if Ripple would win against the SEC.
Another author with a recently published book on NFTs, Anndy Lian, tweeted demanding his community’s opinion on which crypto investment to pitch his tent. He wanted to know if he should stick with memes coins or invest in XRP and ADA.
XRP Price Reaction As Ripple Records Court’s Victory
Ripple, the San Francisco-based fintech startup, has won against SEC. District Court Judge Analise had ruled that some crucial documents should be provided by the SEC for this case. These documents relate to Willian Hinman who was the former director for the Division of Corporation Finance at the regulatory agency.
The Judge’s order stands as a remarkable winning for Ripple. XRP moved to a new level of price rallies after the announcement. Finally, the token broke through the resistance mark by the 200-day moving mean.
XRP also surpassed its bearish trend for two years. XRP was a top performer on September 29, with an increase of approximately 15.45%.
The coin lost 10% of the amount it gained over the weekend. As of the press release, XRP trades at $0.4696. That’s a significant gain over the last 24 hours.
Featured Image from Zipmex Chart: TradingView.com