{"id":264800,"date":"2022-10-18T06:00:36","date_gmt":"2022-10-18T00:30:36","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=264800"},"modified":"2024-01-30T02:22:01","modified_gmt":"2024-01-29T20:52:01","slug":"will-xrp-survive-the-decentralization-trial-after-btc-maximalist-says","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/will-xrp-survive-the-decentralization-trial-after-btc-maximalist-says\/","title":{"rendered":"Will XRP survive the decentralization trial after BTC maximalist says\u2026"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Ripple [XRP]<\/span><span style=\"font-weight: 400;\"> might be faced with a non-court case after <\/span><span style=\"font-weight: 400;\">Bitcoin [BTC]<\/span><span style=\"font-weight: 400;\"> maximalist Max Kesier\u00a0 \u201caccused\u201d it of being centralized. While responding to a tweet about him secretly holding XRP, Keiser noted that he was no supporter of the payment-centered coin. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, Keisier said that XRP was no different from traditional money; hence the reason, Ripple has not been able to win the SEC case.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Decentralization test: The only test that matters: <\/p>\n<p>XRP is centralized, therefore no different than any fiat money; insecure, easily taken down, + SEC is outlawing it. <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&amp;ref_src=twsrc%5Etfw\">#BTC<\/a> is decentralized, separating money from state, immutable, can\u2019t be stopped + SEC ignores it. <a href=\"https:\/\/t.co\/mLIKlQfChM\">https:\/\/t.co\/mLIKlQfChM<\/a><\/p>\n<p>&mdash; Max Keiser (@maxkeiser) <a href=\"https:\/\/twitter.com\/maxkeiser\/status\/1581712299730968576?ref_src=twsrc%5Etfw\">October 16, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Here\u2019s AMBCrypto\u2019s <\/span><a href=\"http:\/\/ambcrypto.com\/predictions\/ripple-price-prediction\"><span style=\"font-weight: 400;\">Price Prediction for Ripple<\/span><\/a><span style=\"font-weight: 400;\"> for 2022-2025<\/span><\/p>\n<hr \/>\n<h3><b>\u201cXRP is not useful?\u201d<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The back and forth between Keiser and XRP faithful did not end with the decentralization comments. He went further <\/span><a href=\"https:\/\/twitter.com\/maxkeiser\/status\/1581736582133911553\"><span style=\"font-weight: 400;\">noting<\/span><\/a><span style=\"font-weight: 400;\"> that not only was the token less useful to the crypto community. With his opinions, it could be likely that Keiser was in support of the SEC claims against Ripple. However, there was a chance that the firm might emerge <\/span><a href=\"http:\/\/ambcrypto.com\/ripple-v-sec-i-remit-goes-further-with-expanded-amicus-appeal\/\"><span style=\"font-weight: 400;\">victorious<\/span><\/a><span style=\"font-weight: 400;\"> in the ongoing case.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While Keiser might have downplayed XRP\u2019s utility, its community did not seem to care about the comments. This was because <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/xrp\/\"><span style=\"font-weight: 400;\">CoinMarketCap<\/span><\/a><span style=\"font-weight: 400;\"> data showed that the 24-hour trading volume had increased 92.77% to $1.47 billion. However, its price did not indicate that much impact from the volume surge. At press time, XRP was trading at $0.477\u2014 1.10% down from the previous day value.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But, XRP could be on its way to recovery in the short term. This was because a descending triangle formed on the four-hour chart. As such, creating a bullish divergence could lead to a break out up the charts. Similarly, the Relative Strength Index (RSI) indicated that XRP could get back to a good buying momentum at 46.05. Hence, there was a possibility of the price hitting the $0.50 if XRP sustained the current momentum.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Still, investors might need to watch out for the Moving Average Convergence Divergence (MACD) status. At press time, the MACD showed that XRP buyers (blue) have not fully surmounted the pressure from the sellers (orange) as the momentum was still in the latter\u2019s favor. Due to this trend, the potential of a XRP bullish movement could well be neutralized. However, it did not negate the overall possibility.<\/span><\/p>\n<figure id=\"attachment_264801\" aria-describedby=\"caption-attachment-264801\" style=\"width: 1101px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/XRPUSD_2022-10-17_14-26-44.png\"><img decoding=\"async\" class=\"size-full wp-image-264801\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/XRPUSD_2022-10-17_14-26-44.png\" alt=\"\" width=\"1101\" height=\"727\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/XRPUSD_2022-10-17_14-26-44.png 1101w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/XRPUSD_2022-10-17_14-26-44-300x198.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/XRPUSD_2022-10-17_14-26-44-1024x676.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/XRPUSD_2022-10-17_14-26-44-768x507.png 768w\" sizes=\"(max-width: 1101px) 100vw, 1101px\" \/><\/a><figcaption id=\"caption-attachment-264801\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<h3><b>Can we count on \u201con-chain\u201d?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">As a result of the chart&#8217;s ups and downs, XRP\u2019s on-chain data also seemed to be in swinging position. According to <\/span><a href=\"https:\/\/app.santiment.net\/charts\/DPRq6-hn__sCl\"><span style=\"font-weight: 400;\">Santiment<\/span><\/a><span style=\"font-weight: 400;\">, XRP\u2019s thirty-day Market Value to Realized Value (MVRV) lost its surging momentum since 10 October.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With the value at -0.599%, it meant that less investors have been in profit since the decline. Additionally, Ripple had not made significant upgrades on its network as this reflected in the massive downturn of its development activity. In conclusion, XRP could go sideways depending on the market direction.<\/span><\/p>\n<figure id=\"attachment_264802\" aria-describedby=\"caption-attachment-264802\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Bitcoin-BTC-14.41.28-17-Oct-2022.png\"><img decoding=\"async\" class=\"size-full wp-image-264802\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Bitcoin-BTC-14.41.28-17-Oct-2022.png\" alt=\"\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Bitcoin-BTC-14.41.28-17-Oct-2022.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Bitcoin-BTC-14.41.28-17-Oct-2022-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Bitcoin-BTC-14.41.28-17-Oct-2022-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Bitcoin-BTC-14.41.28-17-Oct-2022-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Bitcoin-BTC-14.41.28-17-Oct-2022-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Bitcoin-BTC-14.41.28-17-Oct-2022-2048x693.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-264802\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Ripple [XRP] might be faced with a non-court case after Bitcoin [BTC] maximalist Max Kesier\u00a0 \u201caccused\u201d it of being centralized. While responding to a tweet about him secretly holding XRP, Keiser noted that he was no supporter of the payment-centered coin. Additionally, Keisier said that XRP was no different from traditional money; hence the reason,<a href=\"https:\/\/ambcrypto.com\/will-xrp-survive-the-decentralization-trial-after-btc-maximalist-says\/\">Continue reading <span class=\"sr-only\">&#8220;Will XRP survive the decentralization trial after BTC maximalist says\u2026&#8221;<\/span><\/a><\/p>\n","protected":false},"author":70,"featured_media":264812,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,55,4,20],"tags":[],"class_list":["post-264800","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-xrp-ripple-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Will XRP survive the decentralization trial after BTC maximalist says\u2026 - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Ripple [XRP] might be faced with a non-court case after Bitcoin [BTC] maximalist Max Keiser\u00a0 \u201caccused\u201d it of being centralized.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/will-xrp-survive-the-decentralization-trial-after-btc-maximalist-says\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Will XRP survive the decentralization trial after BTC maximalist says\u2026 - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"Ripple might be faced with a non-court case after Bitcoin maximalist Max Kesier\u00a0 \u201caccused\u201d it of being centralized. While responding to a tweet about him\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/will-xrp-survive-the-decentralization-trial-after-btc-maximalist-says\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-18T00:30:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-29T20:52:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/po-2022-10-17T150517.367.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Saman Waris\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/SamanWaris11\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Saman Waris\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/will-xrp-survive-the-decentralization-trial-after-btc-maximalist-says\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/will-xrp-survive-the-decentralization-trial-after-btc-maximalist-says\\\/\"},\"author\":{\"name\":\"Saman Waris\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/ad73a5a061fcfc27548aa27112d8b9d8\"},\"headline\":\"Will XRP survive the decentralization trial after BTC maximalist says\u2026\",\"datePublished\":\"2022-10-18T00:30:36+00:00\",\"dateModified\":\"2024-01-29T20:52:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/will-xrp-survive-the-decentralization-trial-after-btc-maximalist-says\\\/\"},\"wordCount\":470,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/will-xrp-survive-the-decentralization-trial-after-btc-maximalist-says\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/po-2022-10-17T150517.367.png\",\"articleSection\":[\"Altcoin\",\"News\",\"News 1\",\"Ripple\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/will-xrp-survive-the-decentralization-trial-after-btc-maximalist-says\\\/#respond\"]}],\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/will-xrp-survive-the-decentralization-trial-after-btc-maximalist-says\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/will-xrp-survive-the-decentralization-trial-after-btc-maximalist-says\\\/\",\"name\":\"Will XRP survive the decentralization trial after BTC maximalist says\u2026 - 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