XRP Forms Bullish Engulfing As Ripple Wins Court Case?

[sirty143]

After days of selling off, Ripple’s XRP finally saw some bullish movements. At the time of this writing according to coinmarketcap.com, it shot up by 9.31% and is valued at $0.288953. XRP fell significantly since its all-time high of US$3.78 at the start of the year. Its market capitalization is US$11.37 billion today as it stands. Do you think Ripple XRP’s market sentiment has something to do with Ripple Lab’s fundamental news where it won a court case?

[altcoingamer]

We'll see I don't really like ripple on a fundamental sense but could be really good for a position trade if you get in and out.  My portfolio looks like an alt rainbow right now with things I'm looking to flip lol.

[Sudarmono]

I think so too, that fundamental news is very helpful in influencing ripple prices in determining the rise in ripples.

[Synvc]

It doesn't really affect the price that will come even if he wins it. but investor confidence is needed

[troiano9]

It cant hurt

[jonathancool220]

I want whatever is best from Ripple to be presented in 2021 because too many things have happened to Ripple in 2020.

There is little for Ripple from the Bullish problem, which is centralized.
Ripple is indeed a decentralized coin that is around 30% and 70% owned by Jed McCalleb, is this comparison not a problem for Bullish?

[Astra]

I want whatever is best from Ripple to be presented in 2021 because too many things have happened to Ripple in 2020.

There is little for Ripple from the Bullish problem, which is centralized.
Ripple is indeed a decentralized coin that is around 30% and 70% owned by Jed McCalleb, is this comparison not a problem for Bullish?

Ripple is a fully centralized coin and the SEC lawsuit dated December 22 last year on charges of the top executives of this company of abusing unregistered and hidden from users in the sale of hundreds of millions of these coins vivid confirmation of this statement. Therefore, it fell in price after this news from $ 0.60 to $ 0.30.
Most likely, ripple will continue to exist, but investor confidence in it has fallen sharply.