Cryptocurrency

Captain

Shiba Inu

<p>Cryptocurrency analyst Captain Faibik has shared a bullish outlook for XRP. Faibik suggested that the token may have reached a bottom and is preparing for a major upward movement.</p>
<p>The analyst has set a midterm target of $2 for XRP, indicating substantial upside potential from current levels.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$XRP</a> Seems like bottomed out &amp; almost Ready to Bounce Back <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Midterm Target : $2 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f51c.png" alt="🔜" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRP</a> <a href="https://twitter.com/hashtag/XRPUSDT?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRPUSDT</a> <a href="https://t.co/zMLICiKbV4" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/zMLICiKbV4</a></p>— Captain Faibik (@CryptoFaibik) <a href="https://twitter.com/CryptoFaibik/status/1806166667224912144?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 27, 2024</a>
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<h2 class="wp-block-heading" id="critical-support-level-identified-at-0-46">Critical Support Level Identified at $0.46</h2>
<p>Another prominent analyst, Market Spotter, has <a href="https://x.com/MarketSpotter/status/1806200847228948866" target="_blank" rel="noopener noreferrer nofollow">highlighted</a> a crucial support level for XRP at $0.46. The analyst emphasizes the importance of <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a> maintaining this level to preserve its bullish outlook.</p>
<p>A break below this support could potentially lead to an extended bearish phase lasting several weeks.</p>
<h2 class="wp-block-heading" id="ripple-vs-sec-legal-battle-continues-to-unfold">Ripple vs. SEC Legal Battle Continues to Unfold</h2>
<p>The ongoing legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC) remains a major factor influencing XRP’s price. Key developments include:</p>
<ol>
 <li>Investors anticipate an SEC appeal against the Programmatic Sales of XRP ruling.</li>
 <li>The SEC has filed a Motion for Interlocutory Appeal, seeking permission to challenge the Programmatic Sales ruling.</li>
</ol>
<p>Recent weeks have seen increased political involvement from major crypto firms, potentially impacting the regulatory landscape:</p>
<ol>
 <li>Ripple and Coinbase each donated $25 million to the super PAC Fairshake.</li>
 <li>Fairshake aims to support candidates committed to positioning the United States as a hub for next-generation internet innovation.</li>
 <li>These political contributions could influence future crypto regulations and enforcement actions.</li>
</ol>
<h2 class="wp-block-heading" id="potential-impact-of-u-s-political-landscape-on-xrp-and-crypto-markets">Potential Impact of U.S. Political Landscape on XRP and Crypto Markets</h2>
<p>The upcoming U.S. elections and potential shifts in political power could affect the crypto market. A more crypto-friendly Capitol Hill could boost XRP and the broader crypto market.</p>
<p>A Republican victory in the U.S. Presidential Election might lead to changes in SEC leadership. This could potentially end the current “regulation through enforcement” approach.</p>
<p><strong><em>Read more:&nbsp;<a href="https://captainaltcoin.com/youtube-analyst-makes-urgent-shiba-inu-shib-price-prediction-meme-coin-crash-or-rally/" target="_blank" rel="noopener noreferrer nofollow">YouTube Analyst Makes Urgent Shiba Inu (SHIB) Price Prediction – Meme Coin Crash or Rally?</a></em></strong></p>
<p>If the overall crypto sentiment improves in the United States, it could prove to be beneficial for Ripple.</p>
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
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<p>The post <a href="https://captainaltcoin.com/xrp-price-ready-to-bounce-to-2-amid-ongoing-ripple-vs-sec-battle/" rel="noopener noreferrer nofollow">XRP Price ‘Ready to Bounce’ to $2 Amid Ongoing Ripple vs. SEC Battle</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

XRP Price ‘Ready to Bounce’ to $2 Amid Ongoing Ripple vs. SEC Battle

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