Expectations of undulations prices: With continuous tensions between Iran and Israel, the price of the currency maintains its stability on the level of $ 2, while John Diton invites those responsible for the RIPPLE project to accelerate the implementation of initial public subscription plans.
Ripple has been able to maintain his gains in the last seven days despite the fluctuations caused by the Iran-Israeli war, because his price remained on the $ 2 psychological support barrier, after a temporary drop without this level during the weekend.
In his remarks this week, lawyer John Deaton – the eminent supporter of the Ripple project, who recently did not win a seat in the American Senate against Elizabeth Warren – that Bluechen should use the current positive environment observed in digital currencies to launch its first public under -conception (IPO).
Regarding the success of Circle’s first public subscription, Diton estimates that Ripple’s market value can reach $ 100 billion. “If Circle is able to reach a market value between $ 62 and $ 75 billion, Ripple – which holds around 40 billion XRP currencies is the current value of each $ 2 (about 80 billion dollars) – can undoubtedly reach a market value of $ 100 billion in this context.”
If the Ripple part is on the way it suggested, this will support the growing expectations of the price of the training currency, and will contribute to awareness of the project by the public, and this also improves the chances of the undulation to install its location as one of the most important international payment platforms for international companies.
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When we consider the price of XRP currency on the graph for a period of 12 hours, we notice the formation of an increased banner model following the long side negotiation phase which followed its increase in November 2024.
On the other hand, the legal victories obtained by the Ripple project against the American Securities and Exchange commission (SEC) and the change in the agency management to pay the price of the training currency near its highest registered levels.
These models of flags tend to support the continuation of the upward trend that has already pushed the price of money at these levels. Thus, if the price enters the region of $ 2.5, the level of $ 3.4 could soon be tested.
In addition, the indicators of the quantity of movement within these shorter deadlines indicate a continuous improvement, because the RSI index (RSI) has exceeded the level of 50, indicating the growing force of the upward trend.
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The message The Ripple-Xrp Awistanations: John Diton confirms the possibility of its market value at $ 100 billion, what is this reflection on its future? APPLERDIRST on Arab Cryptonews.
