Quote from: Coin_trader on Today at 07:13:29 PM

Quote from: bttmember on Today at 04:42:56 PM

Quote from: Eedward on Today at 04:23:00 PM

"Here’s the note I sent to Ripple employees today regarding Ripple’s preliminary legal response to the SEC’s complaint."

https://ripple.com/insights/sec-update-preliminary-ripple-response/

Just on the announcement of response the price has pumped massively, this goes to show the support and confidence by the community for xrp. I am sure eventually good things will come up for xrp.

Nah, traders just riding the wave using the news but they are not supporters since the price was quickly dump when the buy pressure exhausted. That is not a sign of support but rather just hyping the market. Maybe a group whale trader organize a pump and dump scheme since many traders is watching the XRP price movement. I'm that XRP price will come back again below 1000sats tomorrow when the hype is over. There letter to SEC can't guarantee that they will win the lawsuit.

That's actually happen it may collapse soon when more of the early buyers sold their coins to others. It can only be continue if the organized pump group is strong holders of this coins which can move the supply to other traders that can hold it. But base on the price condition by now its look like the pumpers lost already on the seller that want to take profit. It need to have a good news to heard next day if they want to continue the pump or else it hard to see it again and it will collapse.