☄️ COULD XRP CASE BE OVER SOON? ☄️
☄️It's looking more and more like this XRP case which has been in play since December 22 of 2020 could finally be coming to a close soon within the next few weeks if not days depending on what happens. In the past week alone we've surged over 60% which in the least to say, is insane!
☄️With rumors swirling around the past week that Ripple and the SEC may come to a settlement soon amidst both the SEC and Ripple calling for a Federal Judge to make a ruling immediately on whether or not Ripple's sales did or did not violate U.S securities laws. Both sides basically want to put this fight to an end and that's what we've been looking to hear!
☄️Here's the daily TA chart before we continue:
https://www.tradingview.com/x/Wa91GKxA/
Now here's the weekly chart:
https://www.tradingview.com/x/MT6FvvB2/
☄️Basically we could be looking at another spike once the case is settled and closes depending on the result but nonetheless it's not too bad to see all of this happen and it's no doubt opened up the eyes of a lot of traders. Price action is honestly doing it's own things and we're getting a lot of mixed things going on as whales enter and exit while a lot of retail investors hop on the coin seeing it's gains over the past week trying to get some for themselves too.
☄️Gonna leave the idea here for now since TA wise we seem to have found support above that marked black line which I already gave you in the previous idea marking it as our resistance which has now become that support and gave us that breakout point that sent us up to the 50 cent range before dropping back down. We move below that line and it's
☄️Here's an article that may interest you guys to sum up the developments of Ripple and what's going on.
https://www.tipranks.com/news/article/the-ripple-xrp-lawsuit-what-you-need-to-know
☄️If you'd like to leave a like or follow it'd be much appreciated of course, simply doing what I can for you guys and providing my daily content day by day. Wishing nothing but the best and a wonderful day to all!
~ Rock '
☄️With rumors swirling around the past week that Ripple and the SEC may come to a settlement soon amidst both the SEC and Ripple calling for a Federal Judge to make a ruling immediately on whether or not Ripple's sales did or did not violate U.S securities laws. Both sides basically want to put this fight to an end and that's what we've been looking to hear!
☄️Here's the daily TA chart before we continue:
https://www.tradingview.com/x/Wa91GKxA/
Now here's the weekly chart:
https://www.tradingview.com/x/MT6FvvB2/
☄️Basically we could be looking at another spike once the case is settled and closes depending on the result but nonetheless it's not too bad to see all of this happen and it's no doubt opened up the eyes of a lot of traders. Price action is honestly doing it's own things and we're getting a lot of mixed things going on as whales enter and exit while a lot of retail investors hop on the coin seeing it's gains over the past week trying to get some for themselves too.
☄️Gonna leave the idea here for now since TA wise we seem to have found support above that marked black line which I already gave you in the previous idea marking it as our resistance which has now become that support and gave us that breakout point that sent us up to the 50 cent range before dropping back down. We move below that line and it's
☄️Here's an article that may interest you guys to sum up the developments of Ripple and what's going on.
https://www.tipranks.com/news/article/the-ripple-xrp-lawsuit-what-you-need-to-know
☄️If you'd like to leave a like or follow it'd be much appreciated of course, simply doing what I can for you guys and providing my daily content day by day. Wishing nothing but the best and a wonderful day to all!
~ Rock '
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