Gemini, one of the leading crypto exchanges, recently dropped a cryptic message that has the Ripple community on high alert.
XRPEEEE
— Cobb (@AlexCobb_) September 4, 2024
The simple phrase “Locking in,” followed by a reply confirming “XRP,” has sparked intense speculation about a potential collaboration between Gemini and Ripple.
𝕏RP
— Gemini (@Gemini) September 4, 2024
Can Gemini’s cryptic tweet push Ripple price above $0.6?
While the community dissects Gemini’s message, Ripple Labs continues its legal battle with the U.S. Securities and Exchange Commission (SEC).
In a recent development, Ripple has requested a stay on the $125 million monetary judgment from August 7. They’ve proposed placing 111% of the amount (about $139 million) in a bank account pending potential appeals.
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Despite these legal hurdles, XRP’s price outlook remains optimistic. CryptoNewsZ’s Ripple price analysis suggests XRP could reach a maximum of $0.690 in September 2024, with an average forecast of $0.593.
This bullish prediction, coupled with Gemini’s mysterious tweet, has many wondering if XRP could indeed push past the $0.60 mark this weekend.
As a major player in the crypto exchange space, any hint of increased XRP support or integration could impact the token’s liquidity and accessibility. If Gemini is indeed “locking in” some form of XRP-related feature or listing, it could provide a substantial boost to XRP’s market position.
According to CryptoNewsZ, XRP’s journey toward the $0.60 mark this weekend is highly possible, whether driven by potential exchange integrations, legal outcomes, or broader market forces. For the weekend, the analysts expect the XRP price to hover around the $0.6 to $0.73 level.
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