#XRP #stablecoin
XRP Analysis
April 22, 2024 is the big day for Ripple #SEC
There is a Utopian compensation of 2 Billion USD requested by the Court. The court concluded in favor of the XRP Party and Ripple recorded a rapid rise of 1x. The judge underlined that the sale of The result has been signed. We wonder what kind of response and defense the lawyers will give tomorrow..
Analysis
XRP fell to the key block support between 40 and 45 cents and rose to the price of 52 cents after receiving short-term buy orders from here. There is a 55 cent resistance in front of us. If it closes the day by overcoming it and gets positive results, it will try to break the 59 cent level. Unless there are strong sales, we are ahead of us.
0.55
0.59
0.65
0.70
0.80
0.90
Fibonacci resistances are available as soon as each target turns into support within 4 hours, the upper resistance will be the target. For short-term spot or leveraged transactions, it should be stopped below 50 cents.
If it closes weekly above #BTC 65250 USD, there will be positive upward movements. 64300 USD support, 66600 USD target.
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