The content discusses the ongoing legal battle between Ripple and the SEC regarding XRP. The recent Programmatic Sales ruling, which stated that XRP does not qualify as a security when sold on digital asset exchanges programmatically, is highlighted. The article mentions the possibility of an appeal to the ruling after the conclusion of the SEC v Ripple case. The uncertainty surrounding the SEC’s motives and the potential impact of an appeal on investors are also discussed. The timeline of the case is mentioned, with estimates suggesting that an appeal could extend the case into 2025. The article speculates about the potential consequences of a Ripple win at the Supreme Court level and the decision of the SEC to accept or appeal the Programmatic Sales ruling. It also provides technical analysis of XRP’s price movements.
AI Sentiment: Neutral