The article discusses the current legal battle between Ripple and the Securities and Exchange Commission (SEC) and explores the potential outcomes. The judge recently denied an interlocutory appeal, leaving only the hardest part of the case for trial. The SEC may choose to settle the case, although the chances of this happening by December 2023 are relatively low. The article also mentions other possible scenarios, including a case extending beyond 2024 which may benefit Ripple. It also discusses the ongoing SEC v. Coinbase case and the potential impact of a Coinbase or Republican Party victory on the SEC’s desire to compromise. The article concludes with technical analysis of XRP’s price movements and factors that could influence it, such as updates on the SEC cases and geopolitical tensions.
AI Sentiment: Neutral