Ripple long-term investors rely on XRP and expect the bias lawsuit against the SEC to be successful

• After the nonprofit government regulator accused the SEC of bias against Ripple, investors expect a positive outcome.
• Long-term investors predict a compromise with the SEC and a positive impact on Ripple’s price.
• Ripple price has surged over 13% in the past week, with analysts expecting the upward trend for XRP to continue.

Long-term investors expect Ripple to take a hiatus as a nonprofit watchdog casts prejudice against the SEC. Ripple’s success in the SEC lawsuit could spark a bull run in the altcoin.

Brave all odds, Ripple posts 13% weekly profits

Ripple investors are positive about winning the altcoin in the event that the Securities & Exchange Commission (SEC) took action against the payment giant. Empower Oversight, a nongovernmental organization, filed a lawsuit against the SEC, accusing the regulator of bias against Ripple.

Proponents expect Empower Oversight to be successful and result in a compromise in the SEC vs. Ripple case. The SEC’s conflict of interest to declare XRP as a security and not take action against the largest altcoin, Ethereum, has led to a public scrutiny.

Ripple price rose 13% over the past week, and analysts are predicting the altcoin’s uptrend will continue. Analysts are bullish on Ripple and a possible bullish trigger of a favorable result in the SEC vs. Ripple case.

CoinsKid YouTube channel cryptocurrency analysts recently rated the Ripple price trend. The analysts believe that Ripple mirrors the double floor pattern observed over the last two weeks of July 2021.

Ripple price broke the resistance at $ 0.83 and is currently trading at $ 0.89. The analyst predicted that ripple price could plunge into a rally if it catches up with the ongoing trend.

FXStreet analysts predicted that Ripple price could turn down and go down.