{"id":228169,"date":"2022-04-16T01:00:34","date_gmt":"2022-04-15T19:30:34","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=228169"},"modified":"2024-01-30T02:29:50","modified_gmt":"2024-01-29T20:59:50","slug":"can-xrp-breach-the-crucial-supply-zone-this-time-around","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/can-xrp-breach-the-crucial-supply-zone-this-time-around\/","title":{"rendered":"Third time’s a charm: Can XRP breach the crucial supply zone this time around"},"content":{"rendered":"

XRP investors clearly don’t know what to do with their investment, and understandably so. With the SEC lawsuit hanging over their necks, XRP has seen much better days in the past. Its near 50% correction from its November 2021 highs has been devastating for many.<\/p>\n

Positivity abound<\/h3>\n

Meanwhile, Ripple CEO Brad Garlinghouse has expressed his optimism that the never-ending case against the U.S. SEC will end positively in favor of the company.<\/p>\n

While speaking at the fireside chat at the Paris Blockchain Week on Thursday, Garlinghouse claimed that Ripple’s defense in the ongoing case was faring better than he had earlier expected.<\/p>\n

\u201cThe lawsuit has gone exceedingly well, and much better than I could have hoped when it began about 15 months ago.\u201d<\/p><\/blockquote>\n

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Live from #PBWS2022<\/a>, @bgarlinghouse<\/a> sat down with @cnbc<\/a>'s @ryan_browne_<\/a> to talk crypto regulation, Ripple's global traction and use cases that he sees growing across the industry. pic.twitter.com\/ouQYhY3B5n<\/a><\/p>\n

— Ripple (@Ripple) April 14, 2022<\/a><\/p><\/blockquote>\n