The crypto world is ruthless. While some projects emerge with brilliance, others struggle to convince or sink into oblivion. This harsh reality is what Max Keizer, emblematic figure of Bitcoin maximalism, bluntly reminds XRP holders. With a statement as clear as expected, he announced that “the XRP rally will never happen”, once again attacking Ripple's cryptocurrency. While the XRP community is still hoping for a rebound, the latest developments in the lawsuit against the SEC continue to weigh down its price. However, optimistic voices remain and are betting on a potential technical reversal.
The Max Keizer Attacks and the Fall of XRP
Max Keizer, a staunch Bitcoin supporter and harsh critic of altcoins, recently reignited the controversy surrounding XRP by stating that its holders “ waiting for a rally that will never happen“. The claim, posted on Twitter, is accompanied by a metaphorical video showing a baby bird unable to catch a worm, an image Keizer associates with the forlorn hope of XRP investors. For several years, Keizer has not hidden his contempt for alternative cryptos, which he regularly describes as centralized “s-coins”. This new attack is part of a long line of criticism targeting XRP, which he has already accused of being nothing more than a tool intended to “ stealing billions from naive investors“.
This verbal offensive comes in a particularly tense context for XRP, whose value fell 16% in October, largely due to recent developments in the lawsuit between Ripple and the Securities and Exchange Commission (SEC). Indeed, the SEC recently appealed the decision of Judge Analisa Torres, plunging XRP once again into uncertainty.
An uncertain climate, but hopes for a rebound
Despite the gloomy climate surrounding XRP, some analysts refuse to give in to pessimism. Among them, Jack The Rippler, a respected observer in the crypto community, recently highlighted a historic chart pattern. According to him, XRP is in a consolidation phase, entering a descending triangle pattern that has preceded strong rises in the past. This model, already observed in 2016 and 2020, could herald a reversal of the trend. This optimism is fueled by significant movements of whales, which transfer millions of XRP to crypto exchanges and arouse traders' interest in a possible new phase of volatility.
However, these optimistic prospects must be qualified, because the main threat to XRP remains the ongoing lawsuit with the SEC. The outcome of this legal battle is crucial: if the SEC manages to prove that Ripple violated American securities laws, the fall of the token could be even more severe, with some analysts even suggesting a floor price of $0.11 . On the other hand, a legal victory for Ripple could create the conditions necessary for a lasting recovery. This trial, a true sword of Damocles, continues to weigh on the future of crypto, forcing investors to navigate between hope and fear.
While speculation around XRP is rife, the future of ripple crypto seems more suspended than ever following the SEC trial. Max Keizer's words sound like a warning to investors, but some analysts continue to see signs of technical recovery. The truth will play out in the courts, and the outcome of this legal battle could determine the fate of XRP for years to come. In the meantime, caution and anticipation remain essential for those who are still considering a bet on this crypto.
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