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2023/12/15 17:20

XRP Price Prediction: Former Goldman Sachs Exec Sa

XRP Price Prediction: Former Goldman Sachs Exec Says He’s Long Ripple’s XRP As The Smart Money Turns To This Under-The-Radar AI PlatformIMG_20231215_221856_983.jpg

The XRP price is up 2% in the last 24 hours to trade for $0.6324 as of 12:50 a.m. EST time, with a 5% surge in trading volume.

It comes after former Goldman Sachs executive Raoul Pal expressed his belief in XRP, having bought the asset after the US Securities and Exchange Commission (SEC)  charged Ripple with selling XRP as an unregistered security.The comment came during an interview with Ripple lawyer John E. Deaton, with Pal saying that the charges were  a buying opportunity.

“When you see something like that, it’s like, Okay, now the price has been massively discounted. We know it’s a real thing, half the people have been shut out of the market, this is the opportunity of a lifetime,” Pal said. “That’s when I bought it. And I’ve held it ever since.”

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