KALEO thinks the SEC's 'interlocutors appeal' will get rejected, triggering a price rally for XRP.
KALEO thinks the SEC’s “interlocutors appeal” will get rejected, triggering a price rally for XRP.
The popular cryptocurrency analyst, going by the name “KALEO” on X , is optimistic that the price of Ripple’s native token – XRP – will soar in the near future. The forecast is based on the outcome of the lawsuit between the crypto firm and the United States Securities and Exchange Commission .KALEO took it to X to outline that XRP’s valuation has recently found “solid support” after considerably dropping to its pre-July levels.
it at the beginning of September. KALEO, though, thinks that the watchdog’s request will hit a dead end, which will eventually prompt a price increase for XRP.The USD chart has found solid support after completely retracing to the pre July SEC news levels, while the BTC pair is on the verge of a HTF breakout.
Considering the SEC’s track record this year in cases against crypto, I’m buying the blood and taking the bet…
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