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XRP Price Prediction as Former SEC Lawyer Says SEC Will ‘Probably’ Appeal

In light of the current bullish trend in the crypto markets, the price of Ripple’s XRP token is quickly approaching a critical resistance level. The outcome of the upcoming appeal decision by the US Securities and Exchange Commission (SEC) on October 7 will serve as a significant determining factor, influencing XRP’s price prediction. While the XRP community remains optimistic that the SEC will not appeal, a former SEC lawyer has expressed a contrasting viewpoint, suggesting that an appeal is a distinct possibility. Additionally, lawyer John Deaton, known for his pro-XRP stance, also believes there is a chance of an appeal, although his reasoning diverges from that of others in the community.