đ June 16, 2025
đ„ The crypto community is on fire with rumors that todayâs Ripple-SEC update could launch $XRP đ to $5+ â but not so fast!
đšââïž According to top pro-XRP lawyer Bill Morgan, investors should stay cautious and avoid getting trapped in unrealistic hype. Here's why đ
đ Today marks the deadline for the SEC to file a status report with the U.S. Court of Appeals, following a joint request with Ripple to pause the appeal and explore a settlement.
đ The motion seeks an indicative ruling to:
đ„ Dissolve the injunction
đ° Reduce Rippleâs penalty
đĄ If granted, this could be HUGE â potentially ending the years-long legal war and opening the door for institutional adoption đȘđŒ. Thatâs why some bulls are screaming:
đŻ "$XRP to $10 by EOY?!"
BUTâŠ
â ïž Morgan warns that Judge Torres previously denied a similar motion within 7 days â so another fast decision might not be bullish đŹ.
đ Current Price: $2.16
đ Short-Term Target (if positive news): $2.50 - $3.00
â $5 Today? Highly unlikely.
đŹ "The real win," Morgan says, "is if the court agrees that modifying the judgment is necessary to end this battle â saving time, money, and uncertainty for everyone."
đŁ Until then, donât ape in blindly.
đ Stay sharp. Watch the court. Follow the facts.
#XRPArmy, the storm isn't over yet âł
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