Ripple’s investors are currently in confusion if XRP will ever be able to break its multi-year bearish trend as the altcoin makes noticeable price fluctuations with higher highs and lows. However, Ripple’s CEO, Brad Garlinghouse, is optimistic about Ripple’s win against the SEC in the ongoing lawsuit as all motions are filed in favor of Ripple.
Moreover, Ripple’s show-off in making a win has been displayed in its recent development of the XRPL core ledger, which is a decentralized blockchain currently under development with the process of structuring the network.
Will XRP Hold Its Momentum?
XRP price has witnessed an unexpected surge recently after making a slow uptrend for a few days. The primary catalyst behind this massive pump revolves around Brad Garlinghouse’s positive comments on Ripple winning and XRPL core ledger’s development.
Source: https://coinpedia.org/price-analysis/xrp-price-heading-for-fake-breakout/