XRP Hogan’s supporter of Xrim Hogan revealed an interesting theory on the Ripple VS SEC case on Friday night. I hinted that Ripple may pay a fine to SEC in XRP codes.
Ripple can pay a fine SEC with XRP codes
In his position on social media, Hugan has explained the legal previously that Ripple may allow her ruling by transferring XRP instead of dollars.
“Although the ruling of ripples indicates US dollars, Ripple could meet the ruling against him by transferring the same amount XRP to the” Federal “XRP address,” Hogan wrote.
To support his theory, Hogan pointed out The case of the Supreme Court of 1869, Williad against Taylo, Which occurred after the civil war when the concept of “American legal giving” was not firmly established as it is today. In this case, the court ordered the performance of a gold contract instead of dollars.
Although the ruling of the ripple indicates US dollars, Ripple could meet the ruling against it by transferring the same amount XRP to the address of the federal “XRP” stock.
There is the case of the Supreme Court of 1869, Williad against Thailai, which occurred … https://t.co/56imazjgo
Jeremy Hogan (@acortneyjeremy1) March 7, 2025
The logic of the court, as Hogan reported, was that a specific rest will be granted when “the ends of justice” will be held and held when “caused by difficulties or injustice to either part.”
While Hogan theory is definitely creative, it faces some practical challenges. For one of them, SEC will need to agree to accept the payment in XRP, which seems unlikely to be their position during the case that XRP is safety. In addition, XRP acceptance can be considered as a payment as a contradiction with the SEC position.
Hogan has admitted that the 125 million dollar penalty should go to the US Treasury, but he suggested that this may not be a problem because the cabinet will oversee the XRP stock anyway. Whether the Treasury will be ready to accept the encryption as a payment for a federal penalty that is still doubtful, although strange matters have occurred in the advanced relationship between the government and digital assets.
Also read: Experts urge to buy XRP in the center of Ripple Ripple Vs Secrettle – a higher alternative to buying?
Can we see another XRP price cluster soon?
Ali Martinez’s encryption analyst recently discovered a head and shoulder style on the XRP/USDT scheme of the Binance time frame for one day. This style usually indicates a landmark when confirming.
The graph shows the classic composition: the left shoulder (the first peak), the head (the top peak), and the right shoulder (the lower peak), with the support of the neck line hovering about 2.15 to $ 2.20.
At Martinez’s time, the XRP price was traded at $ 2.34, with a rise of $ 2.40 and the lowest level at $ 2.30. However, the price has since decreased to $ 2.17, putting it on the edge of supporting the decisive neckline.
The situation provides two main scenarios. If XRP collapses and closed below the neck line $ 2.15, the downtown pattern will be confirmed, which may push prices down at a range of $ 1.80 to $ 1.90 or even less if sellers control.
On the other hand, if the XRP price is from the current levels and eventually broken over the right shoulder (about $ 2.80 to $ 3.00), the declining pattern will be nullified. As Martinez suggested in a tweet, this may lead to an upward outbreak that might send XRP to a mark of $ 5.
“If $ XRP avoids the closure below the neck and shoulder line and is broken over the right shoulder instead, the declining pattern may nullify. This step may lead to an upper outbreak of about 5 dollars!” Martinez wrote.
With the presence of XRP now he sits a cinema away from a critical decision point, traders closely monitor to see if the support will carry or give way to the coming days.
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