WHY Robinhood wants to trade $XRP back in the American marke | Intelektual on Binance Square

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WHY Robinhood wants to trade $XRP back in the American market? Give a factual answer!

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$XRP WHY ?? 1. Because of the court decision. 2. Because of government intervention in the United States. 3. Because many banks worldwide have already established partnerships. 4. Because the price is low. 5. Because it is open to the U.S. market through Robinhood. Many people there are not interested in an opportunity that may not come again.

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$XRP This image is a screenshot from the U.S. Securities and Exchange Commission's (SEC) EDGAR website, showing the filing details for Form S-1 submitted by 21Shares Core XRP Trust. Here’s an explanation of the elements in the image: 1. Form S-1: This form is used for the registration of securities for a public offering under the Securities Act of 1933 in the United States. Essentially, the company submitting Form S-1 is planning to conduct a public offering of securities or assets to be sold to the public. 2. Filing Date: The filing was submitted on November 1, 2024, and was accepted at 11:59:42 local time. 3. 21Shares Core XRP Trust: This is the name of the company or trust submitting the Form S-1. They may be planning to offer an investment product related to XRP, a type of cryptocurrency. 4. CIK (Central Index Key): The number 0002028835 is a unique identifier for 21Shares Core XRP Trust within the SEC’s EDGAR system. 5. Submitted Documents: Two documents were submitted along with the Form S-1: Registration Statement: The registration statement for the securities to be offered. Filing Fee Table: The filing fee details required for the submission. 6. Business Address and Other Information: The company's business address is listed in New York, along with a phone number. Additional details include the IRS number, the state of incorporation (DE for Delaware), and the fiscal year-end on December 31. This image indicates that 21Shares Core XRP Trust plans to register an XRP-based investment product in the U.S. market through the SEC.

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$BTC More precise analysis: 1. Support and Resistance: The 24-hour high is 69,519.52 USD and the low is 66,840.67 USD. Currently, the price is at 66,952.81 USD, which is close to the 24-hour low. The nearest support level to watch is 66,840 USD. If the price approaches or touches this level, it could be a potential entry point. 2. Moving Averages (MA): MA(25) is at 64,187.32 USD, MA(50) at 61,950.25 USD, and MA(200) at 63,335.91 USD. The current price is still above all these MAs, indicating a short-term bullish trend. If the price drops to the MA(25) or MA(200) level around 64,000 USD - 63,000 USD, that could be a good entry area. 3. Relative Strength Index (RSI): RSI(6) is at 54.52, suggesting the market is neither overbought nor oversold. You may want to wait for the RSI to approach 30 (oversold) for a safer entry signal. 4. Volume and Trend: The 24-hour volume is quite large (1.98B USDT), indicating significant market activity. This could mean high volatility. The overall trend still appears upward, but a small correction is underway. Conclusion: Entry suggestion: A safer entry might be around 64,000 - 65,000 USD, close to the MA(25) or MA(200). If the price approaches the support level at 66,840 USD and the RSI drops, this could also present a buy opportunity. Keep an eye on the RSI and consider using a stop-loss to protect against unexpected price movements.

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