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XRP Price Prediction: Pro-Ripple Lawyer Slams Sam Bankman-Fried Pardon — Could XRP React?

XRP Price Prediction: Pro-Ripple Lawyer Slams Sam Bankman-Fried Pardon — Could XRP React?

Author:
Cryptonews
Published:
2026-02-23 22:00:00
16
3

Ripple's legal champion just threw a grenade into the crypto discourse—and it's aimed squarely at Sam Bankman-Fried's potential pardon. The question now hangs over the market: will XRP's price chart feel the shockwaves?

Legal Firestorm Ignites

The pro-Ripple attorney didn't mince words, framing the mere discussion of a pardon for the former FTX CEO as a profound insult to the entire digital asset ecosystem. It's a stark contrast to Ripple's own protracted battle with the SEC, a fight that has, ironically, lent the company a sheen of regulatory perseverance that bankrupt exchanges lack.

Market Mechanics on Edge

XRP's price has always danced to the tune of legal developments. This verbal salvo injects pure, uncut sentiment into the trading pools. While no direct legal link exists, the narrative is potent: it draws a line between projects navigating the system and those accused of burning it down. Traders are left weighing whether this moral stance translates into market momentum or gets dismissed as just another day on Crypto Twitter.

The Cynical Take

Let's be real—in an industry where 'funds are safu' became a morbid joke, public outrage is a tradable asset. A lawyer's condemnation is free marketing, and in crypto, all publicity can be fuel for the pump. Whether this moves the needle depends less on ethics and more on whether the crowd decides to buy the story alongside the token.

The verdict won't come from a court, but from the charts. Watch for a sentiment-driven spike or a shrug of indifference—either will tell you everything about what the market truly values.

Source: SBF

A chart by Sam floating around claims that if FTX had not collapsed in November 2022, its assets WOULD have exploded higher with the rest of crypto.

Deaton is not buying it.

He says real court findings and real creditor losses matter more than “what if” models, especially when those projections lean on illiquid tokens that may never have delivered that value anyway.

For him, this is about accountability. He does not want the damage to retail investors softened by hindsight math.

It is not directly about XRP fundamentals. But Deaton carries weight in the XRP community because of his role in the SEC fight. His tone fits the pro-law, anti-corruption stance many of his supporters share.

XRP Price Prediction: Could XRP Price React Now?

XRP did break out of the descending channel. That was the first real structural shift after weeks of lower highs. But instead of exploding higher, price stalled NEAR $1.61 and pulled back to retest the breakout zone.

This is the key moment.

Source: XRPUSD / TradingView

If XRP slips back inside the channel and starts printing lower highs again, the breakout turns into a fakeout. That opens room toward $1.30, with $1.10 as the bigger downside scenario.

But if price holds this former resistance as support and bounces, the breakout remains valid. Stay above the channel, and another retest at $1.61 becomes likely.

Clear that level cleanly, and $1.90 comes into view. Woohoo, that could feel like a bull market again, although it seems far-fetched for now.

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