We have ai predicting, the price of xrp we have the SEC issuing a massive statement, and a lot more to talk about in today’s Blog. So buckle down because, it’s about to get real let’s start with the fact, that xrp is indeed up on the day, it’s up 5.48 even though the volume is actually going down. We’re seeing a lot more positive buying pressure as many more people, are trying to accumulate xrp.
The question is, why is that well very recently the SEC issued a massive statement, and we had Jeremy Hogan go ahead and more or less summarize. What was said in this, because there’s a bunch of really big things for us in our community that’s actually extremely bullish.
So we can see right here, the SEC finally replies to Ripple’s supplemental Authority, they must be busy with other things, although it raises valid points read. The Bitner case is an attempt to argue that Judge Voyager didn’t tell Voyager that the crypto space puts apparent uncertainty on a smile.
In other word, sum the SEC is basically trying to say that, right now there’s not a lot of uncertainty in the crypto space and the rules and regulations are very straightforward. Which is I mean probably something that everybody in crypto would disagree with so that’s obviously a perky big thing that is not going to look too good in the court of law.
Where, this is being battled out. Now we can see that, Jeremy Hogan went on to say that, I think these are two cases that are bad for the SEC and this replying negates. The Bitner decision a little but doesn’t take away too much bite from The Voyage judge’s ruling. but, it’s all fnd stuff or in other words, the SEC looks like right now at this current time they’re spreading themselves a little bit too thin.
They are pursuing a number of different crypto companies and well the response that was put out here. Let’s just say that, they didn’t really cross their T’s and Dot, their eyes like there’s a lot of points that, they made in here that are extremely weak and what it’s starting to look like is as time progresses on here.
The SEC has less and less of a case and this is extremely bullish for xrp. Now in the comments, we can see a lot of people were asking Jeremy Hogan, when this is going to be ending one person said, can we expect this case to end in this month or no, no one really wants to clarify and Jeremy Hogan responds, with I think it absolutely ends on or before sorry gotta go right with one of those things.
We don’t really know, nobody knows when the SEC case is going to end but with the fact of the matter here is, the SEC is getting more and more sloppy as time goes on and they’re really just trying to drag out this case and the longer that, they drag it out the worse.
It’s going to be for them, because they’re actually pursuing so many other crypto companies at the same time and we’re just getting more and more regulatory clarity as thing goes on things go on and there’s more and more final rulings on a number of different crypto companies. So overall, I am very happy with this. This describes, the SEC even more and gets us, one step closer to having a positive outcome for the entire case. but, yeah this statement right here was honestly pretty funny.
Now I want you guys, to let me know like and comment if you guys think that the SEC is going to be losing this case and ripple is going to win. Let’s spread the word out there but, let’s talk about how AI predicts the price for xrp to actually go up.
Now I’ve done a number of different AI predictions on my blog and I will say, it’s astonishing just how accurate it is and what AI seems to believe in the next one year, it can actually go as high as 65 cents and in the short term. Here actually could go as high as 50 cents which is a pretty sizable difference considering right now.
We are at 43 cents even after the 5 pump that we saw today and very recently of course, when we saw the massive pump right here, we were still five cents below. So that’s some pretty strong gains here guys we have upwards of like a 20 upside in the short term, which in my point of view is extremely bullish and extremely exciting.