{"id":8279,"date":"2023-12-16T09:17:07","date_gmt":"2023-12-16T09:17:07","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=8279"},"modified":"2024-03-27T13:05:44","modified_gmt":"2024-03-27T13:05:44","slug":"how-will-2024-pass-for-ripple-xrp-xrp-comments","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/how-will-2024-pass-for-ripple-xrp-xrp-comments\/","title":{"rendered":"How Will 2024 Pass for Ripple (XRP)? XRP Comments!"},"content":{"rendered":"<p><strong>Ripple (XRP)&#8217;s<\/strong> Chief Legal Officer Stuart Alderoty said significant changes are expected in the <strong>crypto<\/strong> world in 2024. Alderoty predicted that Ripple&#8217;s <a href=\"https:\/\/coinengineer.net\/blog\/ripple-ctos-story-triggers-the-xrp-community\/\"><strong>lawsuit with the SEC<\/strong><\/a> may end in 2024 and this could have important implications for the <strong>crypto industry<\/strong>.<\/p>\n<p>Alderoty, warning against the <strong>SEC&#8217;s<\/strong> &#8220;regulation through sanctions&#8221; strategy, said that the <strong>judiciary<\/strong> could stop this and the issue could be taken to the <strong>US <\/strong>Supreme Court.<\/p>\n<p>Alderoty said he expects <strong>US<\/strong> lawmakers to agree on regulations. However, the advancement of regulatory clarity and innovation in other countries could expose a situation that may leave <strong>US crypto firms<\/strong> vulnerable.<\/p>\n<p>The lawsuit that the <strong>SEC<\/strong> filed against <strong>Ripple Labs<\/strong> in 2020 began by claiming that <strong>XRP<\/strong> was an unregistered <strong>security<\/strong>. However, in July, a judge decided that <strong>XRP<\/strong> was not a security, giving a summary judgment in favor of <strong>Ripple Labs<\/strong>.<\/p>\n<blockquote><p><a href=\"https:\/\/www.youtube.com\/channel\/UCem4sZYgYBkN7fxAco-J58w\/join\"><strong>Join Coin Engineer<\/strong> to enjoy membership benefits, including access to our private telegram group with the Heartfelt Support option.<\/a><\/p><\/blockquote>\n<h2>Expectation for Ripple in 2024! Current XRP Commentaries!<\/h2>\n<p><strong>Crypto analysts<\/strong> and fans argue that <strong>Ripple&#8217;s SEC lawsuit<\/strong> has limited its growth in the US. According to Alderoty&#8217;s prediction, the end of the <strong>SEC lawsuit<\/strong> in 2024 could mark a significant period in the <strong>crypto world<\/strong>.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-8281 aligncenter\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/1-12-300x143.jpg\" alt=\"How Will 2024 Pass for Ripple (XRP)? XRP Comments!\" width=\"775\" height=\"369\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/1-12-300x143.jpg 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/1-12-768x367.jpg 768w\" sizes=\"auto, (max-width: 775px) 100vw, 775px\" \/><\/p>\n<p>It looks like there&#8217;s a squeeze towards the end of the ongoing <strong>upward trend<\/strong> in <strong>XRP&#8217;s<\/strong> price chart. This movement might indicate potential price breakouts. The formation of progressively lower highs in the chart could mean that there are fewer investors in long positions, potentially signaling a bearish trend in the market. Even though we&#8217;re in an <strong>upward trend<\/strong>, decreasing highs could mean increased sell pressure. Additionally, <strong>low volume levels<\/strong> could create an environment for selling.<\/p>\n<p>&nbsp;<\/p>\n<p><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our <a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Telegram, <\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest news and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple (XRP)&#8217;s Chief Legal Officer Stuart Alderoty said significant changes are expected in the crypto world in 2024. Alderoty predicted that Ripple&#8217;s lawsuit with the SEC may end in 2024 and this could have important implications for the crypto industry. Alderoty, warning against the SEC&#8217;s &#8220;regulation through sanctions&#8221; strategy, said that the judiciary could stop<\/p>\n","protected":false},"author":1,"featured_media":8278,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,9,2],"tags":[3003,509,3004,506,3005],"class_list":["post-8279","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-coin-analysis","category-crypto-news","category-news","tag-how-will-2024-pass-for-ripple-xrp-xrp-comments","tag-ripple","tag-ripple-xrp","tag-xrp","tag-xrp-analaysis"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Will 2024 Pass for Ripple (XRP)? 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