$XRP, $XLM, and Others Are Trading at ‘Deep Discounts' Says Wall Street Exec

Popular Wall Street executive Linda P. Jones has recently revealed she believes that several altcoins, including $XRP, Algorand ($ALGO) and Stellar ($XLM) are trading at a “deep discount,” and told her followers she believes they could move up higher over the next two years.

Timeline of Stellar, Xrp

In a move that is anticipated by keen observers in the digital currency ecosystem, blockchain payments firm Ripple Labs Inc has filed its opposition to the anticipated motion for leave to file an interlocutory appeal submitted earlier by the United States Securities and Exchange Commission (SEC) in the duo's ongoing legal brawl. #XRPCommunity #SECGov v.

In the weekly time frame chart, the XRP price shows the formation of a cup and handle pattern. The chart setup often spotted at the bottom indicates a high probability of bullish reversal.

Some members of the XRP army shared the announcement by an influencer who teased the addition of XRP cryptocurrency to the list of coins supported by PayPal. However, fact-checkers failed to find proof of this listing.

The ongoing legal tussle between Ripple and the US Securities and Exchange Commission (SEC) has taken a new turn as an investment banker declarant has been granted approval by Judge Analisa Torres to make an appearance.

Ripple has continued to revel in the glow of Judge Analisa Torres' ruling in favor of the crypto company, with many use cases being touted for its native token XRP. The most recent use case to surface is a Spot XRP ETF, and Bloomberg analyst James Seyffart has quickly weighed in on the possibility of this happening.

Ripple's price is yet to show any sign of bullishness after a decisive rejection from a significant resistance level. However, the market has currently reached a point where a rebound is probable.

Leading crypto payment provider BitPay has announced its full-fledged global support for XRP, marking a significant milestone in the widespread adoption of this digital asset. Users of BitPay's services across the globe can seamlessly utilize XRP for purchasing goods and services, as well as storing and swapping the cryptocurrency.

Linda P. Jones has identified a life-changing buying opportunity for XRP, urging investors to capitalize on this moment. Jones, known for her works, “3 Steps to Quantum Wealth: The Wealth Heiress' Guide to Financial Freedom by Investing in Cryptocurrencies” and “You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!

XRP investors are looking forward to the resolution of the SEC v. Ripple case, as a favorable outcome could boost the market's value perception on the, already, 5th most valuable cryptocurrency.

James Seyffart, a prominent ETF analyst at Bloomberg, has emphasized the necessity of XRP inclusion on a derivative platform before any prospects of an XRP ETF can materialize. During a recent segment on Thinking Crypto Podcast, Seyffart shed light on the conditions that need to be fulfilled before cryptocurrency enthusiasts could witness the introduction of