- Bill Morgan believes XRP would break its six-year-old all-time high of $3.84 this year.
- Morgan sees this possibility regardless of whether Ripple’s lawsuit concludes.
- He disclosed that he is buying more XRP as Bitcoin reached a new all-time high.
Prominent attorney Bill Morgan, renowned for his pro-XRP stance, has voiced his bullish sentiment that XRP would break its six-year-old all-time high of $3.84 this bull cycle regardless of whether the lawsuit around XRP concludes.
No appeal will disturb the finding XRP itself is not a security. You are correct the SEC said it will not appeal that finding. The market took it into account as the short term price rises showed.I think the market did care about the lawsuit but the impact on XRP price was baked… https://t.co/CNj7uUR9Bj
— bill morgan (@Belisarius2020) March 8, 2024
Morgan expressed this view amid Bitcoin setting a new ATH above $70k. He noted that Bitcoin hitting such a threshold implies it is prime time to load more XRP tokens in his bag. “With Bitcoin at or touching ATH and XRP at $0.62 and near ATL against Bitcoin time, the time is ripe,” Morgan remarked.
Responding to this sentiment, …
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