XRP From $0.33 Post SEC Appeal to Almost $9.00

Hopefully my coloring of my arrows makes my idea clear.
Sometime before Oct the 6th the SEC will appeal the judgement of the Ripple lawsuit.
I believe this will be the catalyst this time around that causes XRP to crash just before its going to go on a massive upward movement.

$0.33
Oct 6th 2024
XRP

8.80ish
Summer? 2025?
XRP

Note

The Grayscale XRP Trust announcement is a last effort to pump the price before the crash. Many in the XRP market are aware the crash is likely coming. This positive, yet somewhat lackluster, response to the announcement from Grayscale is an additional confirmation XRP is about to crash.

Note

Appeal Filed Oct 2, 2024. Damn it feels good be gangster.

Note

THE NEXT 24 hours could prove crucial for purchasing xrp at lows, honestly anything in the 30 cent range is great, if you don’t want to have to watch it like a hawk and happen to see an entry below 40cents. The notice of an appeal is not the same thing as a filing of an appeal. The law says you must first give notice of an appeal and then you have 2 weeks to officially file for appeal. The notice was officially accepted on October 4th. Which makes today the last honest to god day before the window to appeal closes.

Note

Late Thursday, Oct 17, 2024, the US Securities and Exchange Commission (SEC) has filed Form C in its case against Ripple Labs

Note

they did not appeal the $0 ruling on disgorgement

AnalysisParalysis

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