• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

Bitcoin and Ethereum Are About To Have A Monumental Week

2025-07-28

🚀 Financial Freedom Doesn’t Wait ⏳💰

2025-07-27

Building a New $10,000 Crypto Portfolio…

2025-07-26

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

    2025-07-25

    What Is Copy Trading in Crypto? A Beginner’s Guide

    2025-07-10

    A Step-by-Step Guide for Risk-Takers

    2025-07-09

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    2025-07-09

    How It Works and What to Watch Out For

    2025-07-09
  • Videos

    Bitcoin and Ethereum Are About To Have A Monumental Week

    2025-07-28

    🚀 Financial Freedom Doesn’t Wait ⏳💰

    2025-07-27

    Building a New $10,000 Crypto Portfolio…

    2025-07-26

    ⏳ 100 Days to BTC Peak? 🐋 $9B Whale Dump |🤖 AI + ₿ = 🌕

    2025-07-26

    Bitcoin Is About To Have A MONSTER Short Squeeze

    2025-07-25
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»Analysis»Ripple Set To Hit $30 If It Comes Out Victorious In SEC Lawsuit: Hedge Fund Manager Predicts
Analysis

Ripple Set To Hit $30 If It Comes Out Victorious In SEC Lawsuit: Hedge Fund Manager Predicts

2023-06-17No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Suspense mounts as the highly anticipated release of Hinman documents collides with the impending SEC vs. Ripple ruling.

XRP’s future hangs in the balance, sparking thrilling speculation of price surges and captivating the attention of investors worldwide.

  • The release of Hinman documents is anticipated to impact the legal battle between Ripple and SEC, potentially determining XRP’s security classification.
  • XRP’s next significant support level is around $0.4507, marked by the 200-day Exponential Moving Average (EMA), indicating a potential rebound.
  • XRP’s price fluctuations are tied to the ongoing SEC lawsuit against Ripple.

Ripple

Hinman Documents Point to Potential Rise in XRP Price

In an insightful interview, Thomas Kralow, founder and manager of Kralow Capital, shares his perspective on the potential impact of the highly anticipated release of the Hinman documents.

These documents hold significant importance in the ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC), as they are expected to determine whether Ripple’s token, XRP, is classified as a security.

Kralow’s assessment suggests that this impending revelation could propel the XRP price to reach an impressive $30 in the near future.

Fueling the speculation further is the intense curiosity surrounding the reaction of Ripple’s legal team to the release of the Hinman documents.

XRP holders eagerly await any indications that might shed light on the outcome of this pivotal legal dispute.

Alongside this anticipation, various on-chain indicators for altcoin suggest that XRP is undervalued, with its trading price currently standing at $0.4719 at the time of writing.

This undervaluation adds a layer of potential upward momentum to the projected XRP price surge.

See also  Crypto Analyst Says Chain of Impulse Rallies for Bitcoin (BTC) All the Way up to New Highs Now Imminent

Ripple Faces Crucial Support Level

Ripple
XRPUSD Chart From TradingView

Following the XRP peak of $0.5661 on June 13, the price of XRP has experienced a significant decline, erasing its recent gains as holders analyze the contents of the released Hinman documents.

As XRP holders eagerly await the ruling in the SEC vs. Ripple case, the outcome of this legal battle holds the potential to determine the altcoin’s future price trajectory.

If XRP trades between $0.4619 and $0.4719 on Binance, showcasing a volatile market environment.

From a technical standpoint, the altcoin’s next crucial support level will be around $0.4507, representing its 200-day Exponential Moving Average (EMA).

This level has been a resilient floor for XRP’s price for over a month.

Considering recent patterns, XRP may rebound and recover from the support, as mentioned earlier, at $0.4507.

As market conditions evolve and the outcome of the SEC vs. Ripple case looms closer, XRP’s price remains under close observation, poised for potential fluctuations in the days ahead, according to the data gathered so far.

Featured image from iStock, Charts from TradingView.com

 

 

Fund Hedge Hit lawsuit Manager Predicts Ripple SEC Set victorious
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bull Run Kickoff – Bitcoin and Crypto Set to Soar

2025-07-22

Bitcoin JUST Hit a TIPPING POINT — MASSIVE Shift Everyone’s Ignoring

2025-07-09

Bitcoin Set to Blast Off

2025-06-25

Bitcoin Emerges As The Clear Hedge Amid Global Uncertainty

2025-06-23
Add A Comment

Leave A Reply Cancel Reply

Top Posts
NFT

The Sandbox Working on EIP-2981 to Redistribute Royalties to NFT Creators

2023-08-09

The Sandbox, a well-known virtual gaming platform, has recently announced that it is modifying the…

Blockchain

LayerZero introduces omnichain token to move Lido’s wstETH across Avalanche, BNB Chain and Scroll

2023-10-25

Interoperability protocol LayerZero has introduced the ability to move wrapped stETH token (wstETH) from the…

Videos

Bitcoin Wins and It’s Not Even Close | BlackRock Spot ETF Accepted

2023-07-17

Today let’s talk Bitcoin, Crypto, and about the US market. According to Michael Saylor, “there…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

Bitcoin and Ethereum Are About To Have A Monumental Week

2025-07-28

🚀 Financial Freedom Doesn’t Wait ⏳💰

2025-07-27

Building a New $10,000 Crypto Portfolio…

2025-07-26

⏳ 100 Days to BTC Peak? 🐋 $9B Whale Dump |🤖 AI + ₿ = 🌕

2025-07-26
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 118,473.74
ethereum
Ethereum (ETH) $ 3,830.66
xrp
XRP (XRP) $ 3.13
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 824.77
solana
Solana (SOL) $ 183.19
usd-coin
USDC (USDC) $ 1.00
staked-ether
Lido Staked Ether (STETH) $ 3,825.18
dogecoin
Dogecoin (DOGE) $ 0.226915
tron
TRON (TRX) $ 0.344643
bitcoin
Bitcoin (BTC) $ 118,473.74
ethereum
Ethereum (ETH) $ 3,830.66
xrp
XRP (XRP) $ 3.13
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 824.77
solana
Solana (SOL) $ 183.19
usd-coin
USDC (USDC) $ 1.00
staked-ether
Lido Staked Ether (STETH) $ 3,825.18
dogecoin
Dogecoin (DOGE) $ 0.226915
tron
TRON (TRX) $ 0.344643