๐ June 16, 2025
๐ฅ The crypto community is on fire with rumors that todayโs Ripple-SEC update could launch $XRP ๐ to $5+ โ but not so fast!
๐จโโ๏ธ According to top pro-XRP lawyer Bill Morgan, investors should stay cautious and avoid getting trapped in unrealistic hype. Here's why ๐
๐ Today marks the deadline for the SEC to file a status report with the U.S. Court of Appeals, following a joint request with Ripple to pause the appeal and explore a settlement.
๐ The motion seeks an indicative ruling to:
๐ฅ Dissolve the injunction
๐ฐ Reduce Rippleโs penalty
๐ก If granted, this could be HUGE โ potentially ending the years-long legal war and opening the door for institutional adoption ๐ช๐ผ. Thatโs why some bulls are screaming:
๐ฏ "$XRP to $10 by EOY?!"
BUTโฆ
โ ๏ธ Morgan warns that Judge Torres previously denied a similar motion within 7 days โ so another fast decision might not be bullish ๐ฌ.
๐ Current Price: $2.16
๐ Short-Term Target (if positive news): $2.50 - $3.00
โ $5 Today? Highly unlikely.
๐ฌ "The real win," Morgan says, "is if the court agrees that modifying the judgment is necessary to end this battle โ saving time, money, and uncertainty for everyone."
๐ฃ Until then, donโt ape in blindly.
๐ Stay sharp. Watch the court. Follow the facts.
#XRPArmy, the storm isn't over yet โณ
๐ฒ Seen on Binance feed? ๐ฅ
๐ฅ Like | ๐ Repost | ๐ฌ Comment:
โDo you think weโre seeing $5 this week?โ
๐๐๐
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