XRP price could rally by 50% based off comments from a former SEC director

Cointelegraph

Published Oct 03, 2022 12:15PM ET

Updated Oct 03, 2022 02:00PM ET

XRP is hoping that the token could see a massive price rally in 2022 based off the fingers-crossed assumption that Ripple will win its long-running legal battle against the U.S. Securities and Exchange Commission (SEC).

On Sept. 29, the district court judge in the case, Judge Analisa Torres, ordered the commission to release the documents penned by William Hinman, the former director of the corporation finance division at the SEC.

XRP/USD weekly price chart. Source: TradingView

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