#XRP bullish will crash the market | kevssg on Binance Square

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Bullish

#XRP bullish will crash the market

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JUST IN: 🇺🇸 SEC files notice of appeal in the Ripple $XRP case.

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Are you still here guys? see how xrp has moved according to our analysis, and here is the next analysis, be ready!!!! Break above $0.6325 could indicate strong bullish momentum. Hold or bounce from $0.6171 suggests buyers are still in control and could push the price back up. Break below $0.6171 would invalidate the bullish structure and could lead to further downside. #XRPGoal #RippleX #futurebinance

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Ripple vs SEC: A Legal Battle Shaking the Crypto World The case between Ripple Labs, Inc. and the U.S. Securities and Exchange Commission (SEC) has become one of the most significant legal battles in the history of the cryptocurrency industry. The dispute began in December 2020 when the SEC sued Ripple, accusing the company of selling unregistered securities in the form of XRP tokens, worth over $1.3 billion since 2013. The SEC claims that XRP is a security, meaning Ripple should comply with U.S. securities laws, such as reporting token sales to regulators. Ripple, on the other hand, argues that XRP is not a security but rather a digital asset, like Bitcoin or Ethereum, which are not subject to SEC regulation. A key point in the case is the definition of "security" under the Howey Test, a test used to determine whether an asset qualifies as an investment contract under SEC oversight. Ripple asserts that XRP does not meet these criteria, as there is no "investment contract" between Ripple and XRP buyers. In 2023, the case reached a critical juncture when the court ruled that some XRP sales did not qualify as security offerings, giving Ripple a partial victory. However, the case is not entirely resolved, and its final outcome could significantly impact future crypto regulation. The Ripple vs SEC case carries major implications for both the cryptocurrency industry and digital asset regulation worldwide. Its conclusion could set a legal precedent for how regulators handle digital assets and shape the future of various crypto projects. #XRPGoal #Ripple💰 #SECCryptoRegulation #RippleX

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#XRP Just start the flight, but don't be afraid of missing out guys, keep your risks in check, Here is a little analysis for you guys The order block between 0.5961 USDT and 0.6121 USDT is a critical zone to watch for potential support. If price revisits this level and holds, it could trigger another bullish move. However, if the price breaks below, it could signal a deeper correction.

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1. Trend & Pattern: The price is moving within a descending triangle pattern, characterized by lower highs and a flat support line around the $2,636 level. Descending triangles are typically seen as a bearish pattern, especially if the price breaks below the support. However, the pattern can break either way depending on the broader market conditions. 2. Moving Averages (MA): MA(7) (yellow): $2,695.67 – The short-term moving average is very close to the current price, showing indecision. MA(25) (pink): $2,696.27 – The medium-term moving average is also close, suggesting consolidation. MA(99) (purple): $2,672.99 – This longer-term moving average is below the price, which indicates a generally bullish trend, but the current price action seems to be struggling to gain momentum. 3. Resistance & Support: Support level: Around $2,636, marked by the flat orange line. This level has held multiple times and serves as a key area of interest. Resistance level: The upper boundary of the descending triangle (around $2,728), which has rejected upward moves. 4. Volume: The volume appears to have decreased over time, as indicated by the lower bars toward the right of the chart. This reduction in volume during consolidation is typical before a significant breakout or breakdown. 5. Price Action: The price is currently at $2,699.10, sitting just above the moving averages. It hasn't broken out of the descending triangle yet, indicating that traders are likely waiting for a decisive move either above resistance or below support. 6. Potential Scenarios: Bullish Breakout: If the price can break above the descending trendline ($2,728) with high volume, there may be a continuation of the bullish trend, targeting levels around $2,733 and higher. Bearish Breakdown: A breakdown below $2,636 could see the price head lower, possibly testing the $2,600 or lower support levels. Sideways Movement: If the price continues to consolidate within the triangle with low volume, traders might continue to wait for a larger catalyst. #futurestraders $ETH

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