Hello guys, it me with the XRPUSD again, i am having a good fundamental news with beautiful technical.
# fundamental news
Our Statement On Recent Market Participant Activity
2 MIN READ • TEAM RIPPLE
DEC 29, 2020
The public and press have only heard the story from the SEC’s side, and we’ll be filing our response in a few weeks to address these unproven allegations against Ripple.
The SEC’s decision to file this action is not just about Ripple, it is an attack on the entire crypto industry here in the United States. We’ve always said that there is a dangerous lack of regulatory clarity for crypto in the U.S. — their lawsuit has already affected countless innocent XRP retail holders with no connection to Ripple. It has also needlessly muddied the waters for exchanges, market makers and traders. The SEC has introduced more uncertainty into the market, actively harming the community they’re supposed to protect. It’s no surprise that some market participants are reacting conservatively as a result.
In the meantime, Ripple will continue to operate and support all products and customers in the U.S. and globally. The majority of our customers aren’t in the U.S. and overall XRP volume is largely traded outside of the U.S. There are clear rules of the road for using XRP in the UK, Japan, Switzerland and Singapore, for example. For eight years, we’ve built products that help hundreds of customers solve pain points around global payments — we will defend our company and look forward to settling this matter in court to finally get clarity for the U.S. crypto industry.
Stuart Alderoty
@s_alderoty
·
20h
While we would have preferred to achieve regulatory clarity through thoughtful rulemaking or legislation, it’s now up to the Courts (not Twitter “hot takes”). What hasn’t changed is our steadfast commitment to constructive regulatory engagement. (1/2)
those two tweets make a good impact on ripple and make it to raise beautifully.
# TECHNICALLY
The XRP drop in to a monthly demand and and we are seeing a beautiful divergence on the H4 and a clear bullish engulfing candle as i was illustrating on the chart.
let's see what the market decide
# fundamental news
Our Statement On Recent Market Participant Activity
2 MIN READ • TEAM RIPPLE
DEC 29, 2020
The public and press have only heard the story from the SEC’s side, and we’ll be filing our response in a few weeks to address these unproven allegations against Ripple.
The SEC’s decision to file this action is not just about Ripple, it is an attack on the entire crypto industry here in the United States. We’ve always said that there is a dangerous lack of regulatory clarity for crypto in the U.S. — their lawsuit has already affected countless innocent XRP retail holders with no connection to Ripple. It has also needlessly muddied the waters for exchanges, market makers and traders. The SEC has introduced more uncertainty into the market, actively harming the community they’re supposed to protect. It’s no surprise that some market participants are reacting conservatively as a result.
In the meantime, Ripple will continue to operate and support all products and customers in the U.S. and globally. The majority of our customers aren’t in the U.S. and overall XRP volume is largely traded outside of the U.S. There are clear rules of the road for using XRP in the UK, Japan, Switzerland and Singapore, for example. For eight years, we’ve built products that help hundreds of customers solve pain points around global payments — we will defend our company and look forward to settling this matter in court to finally get clarity for the U.S. crypto industry.
Stuart Alderoty
@s_alderoty
·
20h
While we would have preferred to achieve regulatory clarity through thoughtful rulemaking or legislation, it’s now up to the Courts (not Twitter “hot takes”). What hasn’t changed is our steadfast commitment to constructive regulatory engagement. (1/2)
those two tweets make a good impact on ripple and make it to raise beautifully.
# TECHNICALLY
The XRP drop in to a monthly demand and and we are seeing a beautiful divergence on the H4 and a clear bullish engulfing candle as i was illustrating on the chart.
let's see what the market decide
Comment:
XRP HOLDERS GIVE ME SOME LIKES.
