I am hearing all kinds of exciting news about Ripple (XRP). It seems that they have set up a company in the state of Nevada. Although early outcomes were that they may not be able to trade XRP in the USA it now looks unlikely that this will happen.
A lot of exchanges including Coinbase are not allowing trade in XRP.
Could we see a rally in XRP if this gets solved?
Ultimately yes — but it may be short term as it’s based purely on the fact that there is suddenly increased volume of purchase of the coin as main-line exchanges allow trading in it again.
Liquidity providers could see high demand for it so I’m glad I held my XRP bought at quite a low price. There is already a pre-market rally and if it breaks through the high who knows where it will go?
Remember it was at $3 in 2018 so there is nothing stopping it from heading to those levels.
You can buy ripple now with eToro and they have no fee and a small minimum investment.
https://www.ukbitcoinblog.com/general-info/xrp-ripple-dispute-end-in-sight/