Key Points:
- Since 2012, The Simpsons has been able to foresee cryptocurrency phenomena like blockchain and Bitcoin with accuracy.
- Since July, XRP’s value has increased. The time is right for a big leap. It is subject to opposition and possible declines, nevertheless.
- XRP holders’ morale has improved as a result of Ripple’s cross-appeal against the SEC’s decision.
Did you realize that the well-known animated show The Simpsons has been subtly forecasting the direction of cryptocurrency? It’s accurate! Levi, a bitcoin expert, found an intriguing trend of allusions to cryptocurrencies throughout the program. This pattern began to appear in 2012.
He responded to reports of a price forecast episode for XRP. Stating that the show did not air any such statements, XRP had reached $589. He referred to the widely shared pictures of XRP hitting that price as clickbait and manipulation. Predicting actual events, such as Donald Trump’s election to the presidency, is nothing new for The Simpsons.
This remarkable precision begs the question: Are they right? Let’s find the messages that are hidden.
Did The Simpsons Predict the Future?
The $589 price goal is deemed unreasonable by many experts. It would take a huge and improbable jump of over 100,000% for XRP to reach that level. The majority of market analysts consider this to be wishful thinking, but some XRP fans are still optimistic.
XRP Rises During Ripple’s SEC Conflict
On Friday, XRP surged above $0.53. In a four-year legal struggle, Ripple confirmed its cross-appeal against the SEC at a price of $0.5370. This appeal comes after the SEC challenged a decision that fined Ripple $125 million. Stuart Alderoty, Chief Legal Officer at Ripple, stressed that the SEC’s appeal has no bearing on XRP’s legality. This assertion improved mood among holders of XRP.
XRP’s Present Market Overview
Since July, XRP has increased in value and appears to be ready for a 5% rise toward the 10-day Exponential Moving Average (EMA), which is currently at $0.5618. There will be some difficulties, though, as the Fair Value Gap (FVG) has resistance between $0.5778 and $0.5445. On the plus side, the Moving Average Convergence Divergence (MACD) shows that bearish momentum is diminishing.
The Relative Strength Index (RSI), which is just below neutral at 42.82, indicates some reluctance. Watch closely because XRP may absorb liquidity near the October 10 low of $0.5228 if there is a correction.
