Latest XRP Sentiment Data Reveals a Longterm Trend

Pent up demand for XRP could be brewing

Even though the legal battle between Ripple and the U.S. Securities and Exchange Commission was not heard yesterday, Ripple, XRP, and the entire crypto industry won an important partial victory in its fight against the SEC’s overreaching regulation by enforcement, thanks to attorney John E. Deaton. In yesterday’s appeal hearing, the SEC sought an affirmation from the New Hampshire district court judge issuing a broad, vague injunction against the sale of the LBRY token, in which the token itself becomes a security, bringing secondary market sales under the SEC’s jurisdiction.

Latest XRP Sentiment Data

January 13th marked and new up trend for XRP and appears to be closing in on a new three-month high, sentiment trends put XRP at a sentiment rating of 60.32 by mid-May, which if price action is similar to the current price action it would place a trajectory into a new price zone at .80 cents.