The recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season.
With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space.
This ruling brings...
If you haven`t sold XRP here:
Then you should know that it appears that XRP has reached the price target associated with the double bottom pattern, which is a significant milestone. However, the formation of a bearish pennant pattern suggests that a retracement to $0.18 may be in store.
Looking forward to read your opinion about it!
If you haven`t bought the chart reversal here:
Then you should know that the SEC sued Ripple in late 2020, arguing that the payments firm sold XRP as an unregistered security.
The U.S. Securities and Exchange Commission must produce documents Ripple intended to use as evidence.
Coinbase Wallet announced this week that it would stop supporting Ripple’s XRP,...
$XRP is currently trading inside a pennant pattern waiting for a breakout while $BTC is trying to liquidate leveraged shorts setting at $38k before bleeding again with a -10% or more.
$XRP's lawsuit with the SEC is so boring as they postpone the decision making.
$BTC broke below the bear flag which is a very strong sell signal that will take alts to more than...
Hello everyone,
Whenever a head and shoulders were drawn on the XRP, there were increases.
As you can see in the current example!
My first target is $ 2.87!
Comment and like,
Greetings
It seems XRP reached its strong support area and it is defending it strongly.
We just need to wait for the XRP vs SEC lawsuit on Feb 28.
If it is not a security, then we might see an all time high this year.
Looking forward to read your opinion about it.
The SEC has filed a Letter of Supplemental Authority in support of its Motion to Strike Ripple's Fair Notice Defense. The fair notice defense was filed in April, they've had plenty time to respond to it and now submit this as an after thought 10 months later whilst Ripple have incurred legal fees through out this 10 months to prepare case. Also what I find amusing...
Hello everyone !
XRP defended the bottom line of the flag on the daily chart. This means that it will continue to move in its field.
However, if the bearish candle closes behind that line, there will be a deeper decline.
# 1 Safe entrance after piercing the flag pattern with retest from the top.
In the first move, the letter W will be formed, which means a...
Technical analysis: #XRP (Daily update)
* XRPUSDT is try to BREAKOUT the Symmetric tringle pattern, the beginning of an uptrend is expected from here.
*The price is trading ABOVE 50- MA but try to break the 21 MA as well as trend line , LOOK too bullish when it will trade above the both MA's as well as downtrend. it could start new really to $4 or more soon!!
*...
I personally believe when the SEC vs XRP lawsuit case settles, this will happen very quickly!!!
This not an investment advice. Please, do your own research!!!
Let's start with the technical aspect here:
1) XRP/USDT broke out of the 20 Day SMA
2) XRP/USDT broke above the 50 Day SMA
3) XRP/USDT has been for days above the 60 RSI
As for XRP vs SEC case, let's just say a rocket is about to be launched to new ATH. Don't take my words for it, check attorney Jeremy Hogan video to get the picture:
youtu.be
