Price of XRP in relation to news about SEC lawsuit
In this chart I will be plotting some of the major news stories regarding the SEC lawsuit against Ripple in hopes of getting a better understanding of how this lawsuits affects the price in the long run. I'm aware that there's more news concerning Ripple ($XRP) outside of the SEC lawsuit and I'll try to add those articles that caused major price action, but for the time being I think it'll be more clear to stick to SEC vs. Ripple news. I will be expanding this idea whenever major news regarding the SEC vs. Ripple lawsuit is available.
Technical Analysis
Fibonacci: ↘ XRP briefly touched the 0.618 ceiling earlier this day and is currently retracing back to the 0.500 line.
RSI: ↗ Currently moving upwards at 52.67
MACD: 🔀 Signaling a cross-over on the daily chart
Key levels:
Todays top stories:
https://www.crypto-news-flash.com/judge-denies-motion-to-intervene-by-xrp-holders-in-ripple-vs-sec-case/
https://bitcoinexchangeguide.com/ripples-brad-garlinghouse-chris-larsen-demand-sec-provide-docs-on-bitcoin-and-ethereum/
https://www.financemagnates.com/cryptocurrency/news/xrp-whale-transfers-745-million-coins/
Any donations will keep me motivated to expand this overview!
Donate me a ☕ at XRP wallet address: rG8WkRMcpwkRGsmy8mDiygNAiCar5M4SoT
In this chart I will be plotting some of the major news stories regarding the SEC lawsuit against Ripple in hopes of getting a better understanding of how this lawsuits affects the price in the long run. I'm aware that there's more news concerning Ripple ($XRP) outside of the SEC lawsuit and I'll try to add those articles that caused major price action, but for the time being I think it'll be more clear to stick to SEC vs. Ripple news. I will be expanding this idea whenever major news regarding the SEC vs. Ripple lawsuit is available.
Technical Analysis
Fibonacci: ↘ XRP briefly touched the 0.618 ceiling earlier this day and is currently retracing back to the 0.500 line.
RSI: ↗ Currently moving upwards at 52.67
MACD: 🔀 Signaling a cross-over on the daily chart
Key levels:
- 0.52636 - Strong resistance
- 0.49718 - Nearest resistance
- 0.46962 - Nearest support
- 0.43762 - Stronger support
- 0.42723 - Lower support (long term trend line)
Todays top stories:
https://www.crypto-news-flash.com/judge-denies-motion-to-intervene-by-xrp-holders-in-ripple-vs-sec-case/
https://bitcoinexchangeguide.com/ripples-brad-garlinghouse-chris-larsen-demand-sec-provide-docs-on-bitcoin-and-ethereum/
https://www.financemagnates.com/cryptocurrency/news/xrp-whale-transfers-745-million-coins/
Any donations will keep me motivated to expand this overview!
Donate me a ☕ at XRP wallet address: rG8WkRMcpwkRGsmy8mDiygNAiCar5M4SoT
