Ripple’s SEC case “endgame” speculated after major date, but how is XRP behaving?
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Summary:Ripple case with SEC facts expected to trickle in on September 19The case will have wide impacts on XRP and the broader cryptoXRP is recovering but re
  • Ripple case and SEC objective facts are expected to emerge on September 19

  • This case will cause universal harm to XRP and the wider cryptocurrency

  • XRP has been repaired, but it is still in fusion mode

The Ripple v. SEC case may have an interesting turning point on September 19. On this day, both parties will submit a revised introduction for public release to apply the simple sentence of the case. In the future and before the end of the year, we will discuss the rights of each other. The final result of the negotiation is undoubtedly to improve the overview of the case judgment. Does this mean the end of the long-term conflict between the regulatory authorities and Ripple?

Jeremy Hogan, an XRP activist and lawyer, was satisfied with the new date, which also has a week to go. In a tweet on Friday, Hogan implied that this time meant "the end of the world". In her original tweet, she stressed that on this day the masses will understand the views of all sides.

It is an interesting fact that all the development trends between SEC and Ripple are very important at this stage. For a long time, investors have been waiting for the opinion of the case. Ripple won most small victories. This led everyone to guess that it would be better than the regulators to protect XRP from being classified as securities. XRP's price has been linked with the estimated ruling. The ruling will cause more harm to the wider field of data encryption.

Future Outlook and Forecast Analysis of XRP Price

XRP has soared 4.27% in the past 24 hours. This is also the average yield of other key cryptocurrencies. This shows that the September 19 incident did not harm prices.

Origin – TradeView

The technical future outlook shows that XRP is still trapped in the integration security channel. The dynamic password has been fixed from the bottom of the secure channel. RSI reading value is 52, indicating that there is no oversold or overbought situation.

Summarise

September 19 is the key development trend of XRP transaction. It also provides some clues for future cases and XRP prices. It is better to buy cryptocurrency when the price increases by 0.37 US dollars.

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