Finance Expert Reveals When Real XRP Rally Will Start
Main Idea
Financial expert Jake Claver predicts that the real XRP rally will be driven by a supply shock during a global liquidity crisis, rather than the outcome of Ripple's legal battle with the SEC.
Key Points
1. Jake Claver, CEO of Digital Ascension Group, states that XRP's next major price movement will result from a supply shock, not legal clarity from the Ripple-SEC case.
2. A supply shock occurs when XRP's available trading supply decreases, leading to higher prices due to limited liquidity and increased demand.
3. A global liquidity crisis could amplify the effects of a supply shock, accelerating XRP's price growth.
4. Claver emphasizes that market structure and liquidity dynamics, rather than sentiment, will drive significant price movements for XRP.
Description
The long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has reached a turning point. Both parties have filed to dismiss their appeals , closing this chapter of regulatory uncertainty. While the outcome removes a significant obstacle for market sentiment, it does not, according to some experts, guarantee meaningful price appreciation for XRP in the near term. Jake Claver, a financial expert and CEO of Digital Ascension Group , has suggested that the real...
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