Experienced in technical analysis of stocks and digital currencies for 5 years, using Gann Theory, Fibonacci, Elliott Waves, Harmonics, time analysis, Dow Theor
The Impact of Ripple's Legal Battle with the SEC on the Stability of XRP
XRP is experiencing low volatility due to the ongoing legal conflict between Ripple and the U.S. Securities and Exchange Commission (SEC). The SEC seeks to impose a substantial penalty on Ripple, proposing a fine of $2 billion, while the XRP community remains optimistic about Ripple's eventual victory.
XRP's jittery movement reflects the anticipation of crypto users regarding the developments in the legal case, as the final outcome could determine the long-term trajectory of the currency. In Ma