Has the expectations of XRP prices: Did Torres reversed the scales in favor of the approval of the Ribel fund negotiated on the Stock Exchange (XRP ETF) and paid the XRP price at $ 10 in the fourth quarter?

Ripple-XRP and the American securities and exchange committee (SEC) await the decision of the Torres judge (torres) concerning the approval of the two parties to end their long conflict.

The price of the wave-xrp decreased by 5% today, because the price of alternative currency decreased to $ 2.48 in conjunction with the decrease in the Creibo market as a whole of 4% the last 24 hours.

Despite this drop, the price of XRP is still 12.5% ​​in last week and 15% in the last month, driven by the recovery of the market as a whole at the start of this week after the United States and China reached a temporary truce during the Customs War.

Among the factors that played a positive role in the XRP in particular, the American securities and exchange committee (SEC) to discourage its settlement agreement last week, asking judge Anala Torres to approve the desires of both parties to arrest their calls and permanently close the case.

Assuming that Judge Torres has already rendered a preliminary decision on the acceptance of these requests, this can lead to an increase in the possibility of approval of several XRP boxes circulating on the stock market (XRP ETF), which can considerably increase the high price of XRP.

Expectations of XRP prices: Can Torres judge hear the parallels in favor of the approval of the Ribel fund negotiated on the Stock Exchange (XRP ETF), which pushed the XRP price to $ 10 in the fourth quarter?

According to lawyer James K. Filan on the X platform, the American Securities and Exchange Committee (SEC) presented his speech at that time last week, which represents one of the last stages of his long issue with Ripple.

However, it is interesting to note that the Committee requests to keep only $ 50 million in the amount of the initial regulations of $ 125 million and to return the rest to Ripple, knowing that it initially required a fine of $ 2 billion.

However, we can attend the end of the case very soon, which can affect the intermediate deadline for several requests for XRP FET, including Bitwise requests, 21 shares, Canary, Wisdomtree and Grayscale.

However, whether we are waiting for next week or until December, when the deadline is, it will be to accept the immediate trading boxes of the Stock Exchange (Spot ETF) a positive impact on the price of XRP.

Of course, the large number of requests – 10 requests – indicates the strength of the institutional demand for alternative money. And if we look at the XRP graphic today, we will notice that the currency may have increased after having faced a very difficult period in February and March (and early April).

On the other hand, the reading index (purple) has increased to approach 70 in the past few days, after it has been below the level of 50 almost this period.

In addition, whales (senior investors) seem to prepare for profits in the near future, because a senior trader has invested more than $ 73 million in XRP a few hours ago.

Based on these factors, the price of XRP can reach $ 3 by the end of June, before it rises to $ 4 in the fourth quarter.

Other alternative currencies can make great benefits this summer

Although XRP becomes one of the largest currencies on the market for a long time, traders wishing to obtain larger and fastest yields to see more modern alternatives.

This includes subscription currencies that sometimes exceed when included for the first time on the market, especially if they have a successful subscription.

This year’s largest subscription may have been in Solaxy (Solx) which offers a second layer solution to Solana Bluechen (Solana), and has already collected $ 36.2 million so far.

As a first layer solution for Balcocheen Solana, Solaxy will provide investors with low negotiation costs and greater transactions, to help them avoid breakdowns and overcrowding problems that always affect Solana’s performance to date.

Solaxy will also make an immediate transition between her and Solana, while developing to support several other blockchain networks after its launch. Its spread and effectiveness can make it a center of MIM currencies and decentralization (DEFI), which nourishes Solana with great activity.

It should be noted the need for solx in order to pay the transaction costs of the Solaxy platform, which means that the currency will attend a high demand in the near future.

Finally, interested people can buy Solx at a price of $ 0.001726 during the subscription by visiting the official Solaxy website, knowing that this price will increase within two days before the end of the subscription in the coming weeks. Thus, the one who wants to join this project now moves to obtain the most important profits possible.

Follow us via Google News

The publication of the expectations of the price of the XRP currency: did Torres judge in favor of the approval of the Ribel fund negotiated on the Stock Exchange (XRP ETF) and paid the price of XRP at $ 10 in the fourth quarter? APPLERDIRST on Arab Cryptonews.