XRP is definitely gearing up to head over to the moon due to the latest massive achievements.
Besides important partnerships and collaborations, Ripple managed to mark another legal victory against the SEC.
This is boosting XRP to the moon – at the moment of writing this article, XRP is trading g in the green and the coin is priced at $1.62.
Ripple marks a new victory
On Friday, U.S. Magistrate Judge Sarah Netburn rejected the SEC’s demand for up to eight years of personal financial information of Chris Larsen, Ripple’s co-founder and executive chairman, and Brad Garlinghouse, Ripple’s chief executive officer.
The online publication Forkast noted that the judge also quashed the subpoenas served by the SEC on SVB Financial Group, First Republic Bank, the Federal Reserve Bank of New York, Silver Lake Bank, Silvergate Bank and Citibank that had sought to obtain Larsen and Garlinghouse’s personal financial records.
“The SEC’s requests for the Individual Defendants’ personal financial records, apart from those records of XRP transactions that are already promised, are not relevant or proportional to the needs of the case,” Netburn said, in her ruling.
We suggest that you check out the complete notes in order to learn all the available details about the case.
XRP bullish predictions arise
The news above and more achievements that Ripple and XRP have been making are leading XRP straight to the moon.
Peter Brandt said that XRP just broke out of a massive bullish pattern after three years of consolidation.
“In case you trade this, (I don’t) [XRP} is enjoying SEC (U.S. Securities and Exchange) ruling and the madness of crowds. Weekly chart head and shoulder patterns are too often not to [be] believed. But sometimes they come true. This possible inverted head and shoulders with stunted right shoulder would indicate prices a boatload higher (new all-time highs). XRP.”
It’s been revealed that XRP can potentially surge by a minimum of 276% en route to its all-time high of $3.84.