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XRP Price Prediction as Cardano Founder Warns Ripple Lawsuit May Be Settled by December 15 With a ‘Catastrophic Bear on’ – Here’south What That Means for XRP


The lawsuit against Ripple Labs, the issuer of XRP, by the US Securities and Commutation Commission (SEC) may be coming to an end after a two-year legal battle. Charles Hoskinson, the founder of Cardano (ADA), has commented on the potential effect of the case, stating that it could exist catastrophic for XRP and the overall cryptocurrency market.

Cardano Founder Charles Hoskinson Chimes in on Ripple vs. SEC lawsuit

According to unconfirmed reports seen past Charles Hoskinson, the founder of Cardano (ADA), the final judgment in the lawsuit against Ripple Labs is scheduled for December 15. Despite pop belief that the blockchain visitor volition emerge victorious, Hoskinson believes that the example’south outcome could take significant negative consequences for the cryptocurrency industry.

In a video, Hoskinson stated: “I heard rumors that the Ripple case will be settled on December 15, and that could have catastrophic implications for the industry one manner or the other.”


Despite the potential negative touch of the lawsuit between Ripple and the SEC, Charles Hoskinson remains positive almost the future of the cryptocurrency industry. In a video, he stated: “Regardless of what happens, it’s a decentralized ecosystem controlled by individuals worldwide. The United states of America doesn’t get to say that Cardano lives or dies; you do, the earth; that’s the point of a decentralized ecosystem.”

Hoskinson’s comments take been met with backlash from members of the XRP community, who have accused him of making “unpalatable” comments about the lawsuit. Hoskinson has denied these accusations and claimed that he was misquoted.

XRP Price Prediction as Previously Dormant Tokens Motility

The price of XRP has been respecting a descending trend line on the four-60 minutes time frame chart since Nov 25. The cross-edge money remittance token is likewise currently holding a crucial demand area slightly above $0.37.

In lodge to affirm their presence in the market, buyers will need to push the toll of XRP above the 50-day and 100-day Exponential Moving Averages (EMAs). If the price of XRP breaks above the trend line at $0.39, it could quickly pb to gains of up to $0.42 and potentially even $ane in the longer term.

XRP/USD four-hour chart
XRP/USD four-60 minutes chart

According to the 4-hr time frame chart, buy orders for XRP can exist activated if it breaks to a higher place $0.39 and holds that level, with a potential target at the 200-solar day EMA currently holding at $0.39.

More than bullish investors may want to wait for XRP to achieve $0.42 or $1. Notwithstanding, the price of XRP may be forced to seek out more liquidity past revisiting support at $0.37. The Relative Strength Index (RSI) on the same time frame chart indicates that sellers currently have the upper hand.

Equally long as the RSI continues to motion downward in the neutral zone and potentially into the oversold region, the toll of XRP is likely to drib to the second demand area at $0.35.

Tokens Offering Quicker Returns

As the conduct market continues, some traders take started looking elsewhere for profits in the shorter term. Listed below are some of the best presales on the market today.

Nuance 2 Trade (D2T) – Presale Enters Final Phase

Dash two Trade is an Ethereum-based trading intelligence platform that offers investors real-time analytics and social trading information so that they tin make more than informed trading decisions. Information technology will go alive in early 2023, with its D2T token beingness used to pay for the monthly subscription fees to its platform (there are ii subscription tiers).

Now in its fourth and final stage, Nuance two Trade’southward presale has already raised more than than $9.6 million. It has also announced listings on Uniswap, BitMart and LBANK Exchange for early on next year, meaning that early on investors will shortly exist able to lock in some profits.

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Calvaria (RIA) – Presale in Final Stage Now

RIA is one of the all-time play-to-earn (P2E) cryptocurrencies for blockchain gaming enthusiasts. This digital asset offers several promising possibilities that are raising interest among investors.

The native token for Calvaria: Duels of Eternity is RIA. The game, which takes place in a metaverse with an afterlife theme, aims to help traders in buying non-fungible token (NFT) trading cards.

Players build strategies to help them win these battles directly. RIA is the token that makes NFT purchases possible through an in-app NFT market.

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RobotEra (TARO)

RobotEra is a Sandbox metaverse crypto projection assuasive gamers to play every bit robots and participate in creating a virtual world.

TARO, the token powering the metaverse gaming globe, supports all in-house transactions. With TARO, members within the ecosystem pay for services and participate in activities like games and community events.


1 TARO is currently selling for 0.020 USDT (information technology can be bought using either USDT or ETH), although this price will rise to $0.025 in the second phase of its presale, which is due to begin soon.

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Source: https://cryptonews.com/news/xrp-price-prediction-as-cardano-founder-warns-ripple-lawsuit-may-settled-by-december-15-with-catastrophic-impact-heres-what-that-means-for-xrp.htm

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