$XRP What to consider with $XRP?
1. Legal case with the SEC:
• XRP has been involved in a legal battle with the SEC (U.S. Securities and Exchange Commission), which has affected its price since 2020.
• Any legal advancement (positive or negative) can cause sharp movements in the price.
• Currently, part of the case has been favorable for Ripple, which is a bullish sign in the medium term.
2. Fundamentals of Ripple (the company):
• Ripple aims to be the financial bridge between banks and blockchain, offering fast and cheap cross-border transactions.
• It is working with banks, governments, and financial entities in various countries.
3. XRP Ledger (XRPL):
• Proprietary blockchain technology focused on speed and low cost.
• It is beginning to incorporate support for tokens, NFTs, and smart contracts (Hooks).
4. Price and market sentiment:
• XRP often moves based on speculation more than on classical technical analysis.
• It tends to have explosive movements after long sideways periods.
5. Tokenomics:
• XRP has a large portion of tokens in the hands of Ripple Labs, which generates criticism for centralization.
• However, this also allows for greater institutional maneuverability.
