THIS IS NOT FINANCIAL ADVICE. DYOR. Everyone know what happened yesterday: Judge Torres granted summary judgement in favor of Ripple Labs and the price started exploding. However, as more time is passing, it's looking ever more likely it won't break $1 anytime soon. Ripple's coin is currently in an ascending triangle formation, of which it…
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I'm just posting here to get other people's views really. Like all of you, yesterday I saw the news that the SEC finally lost their case trying to prove a top 5 crypto was a security. I keep pretty up to date with crypto news (far more than I should really) so my algorithmic feeds…
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The XRP price rallied over 70% — bringing up its value from $0.47 to $0.82 in a day. The incident also marks the biggest price jump XRP witnessed over the past year.
Through all markets, there's a desire for 99% of us to say "I told you so" or "look at how much I have"-we all seek validation…for example, I was mocked at dinners with past social groups…so of course I have the itch to say It[for now] was a good decision. I'm here to tell you…
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First one I've seen in a while; looks like their stock going up is making them advertise again. This is Access Protocol(ACS), on Solana network. The learn will net you $5 worth of ACS, BUT if you want to connect your Coinbase account to Coinbase Wallet Defi, provide more KYC(lol, the irony), and stake some…
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The CEO believes investors will be inclined to seek exposure to Bitcoin in a more familiar, structured and protected regulatory environment.
Worldcoin surpassed two million sign-ups to World ID in less than half the time it took to reach one million.
Under bail conditions, only Sam Bankman-Fried’s lawyers are exempt from security checks, now they’ve asked if this can be extended to “close friends.”
XRP price rallied over 80% after the court’s ruling and jumped above $0.80 against the US Dollar. It tested the $0.95 zone and is currently correcting gains. Ripple’s token price surged above the $0.65 and $0.80 resistance levels against the US dollar. It is trading well above $0.5000 and the 100-day simple moving average. There was a break above a major bearish trend line with resistance near $0.50 on the daily chart of the XRP/USD pair (data source from Kraken). The pair is currently correcting gains but the bulls might be active near $0.70. Ripple’s XRP Price Surges Over 80% After the court’s verdict in favor of Ripple, XRP saw a monster rally above the $0.45 resistance. It broke many hurdles near $0.50, dragging Bitcoin and Ethereum high as well. There was a break above a major bearish trend line with resistance near $0.50 on the daily chart of the XRP/USD pair. It opened the doors for a strong increase above the $0.65 resistance. The price gained over 80% and even spiked toward the $0.95 level. A high is formed near $0.9479 and the price is now correcting gains. It is trading below the 23.6% Fib retracement level of the upward move from the $0.4460 swing low to the $0.9479 high. XRP is still well above $0.5000 and the 100-day simple moving average. Immediate resistance is near the $0.85 level. The first major resistance is seen near the $0.92 level, above which the price might revisit the $0.95 resistance zone. Source: XRPUSD on TradingView.com The main barrier could be near the $1 level. A clear break above the $1 resistance could open the doors for a sharp increase toward the $1.10 resistance. The next major resistance above the $1.10 level could be near the $1.20 level. Are Dips Supported? If XRP fails to clear the $0.850 resistance, it could continue to move down. Initial support on the downside is near the $0.750 level. The first major support could be near the $0.70 level or the 50% Fib retracement level of the upward move from the $0.4460 swing low to the $0.9479 high. If the price fails to stay above $0.70, it could start another major decline toward $0.55. Technical Indicators Daily MACD – The MACD for XRP/USD is now losing momentum in the bullish zone. Daily RSI (Relative Strength Index) – The RSI for XRP/USD is in the overbought zone. Major Support Levels – $0.7500, $0.7000 and $0.6500. Major Resistance Levels – $0.8500, $0.9200 and $0.9500.
Bitcoin market dominance briefly dipped below 50% as altcoins deemed securities by the SEC notched double-digit gains.
