SECXRP
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With XRP currently at $1.9998 and various forecasts suggesting potential growth, do you believe XRP will set a new record this year?
#XRPPredictions #secxrp
#XRPPredictions #secxrp
YES
87%
NO
13%
62 votes ā¢ Voting closed
āļøXRP on Trial Again?! SECās Major Move Could Shake the Crypto Market!
The SEC has filed an appeal in its ongoing legal battle with Ripple, contesting a court ruling that favored the cryptocurrency company. Earlier this year, a judge ruled that XRP sales made on Rippleās platform do not constitute unregistered securities, a major win for Ripple. However, the SEC is now challenging that decision, arguing that the court misinterpreted key aspects of securities law.
In addition to contesting Rippleās platform sales, the SEC is also taking issue with the ruling that personal sales of XRP by Ripple executives did not violate securities regulations. The regulator's move to appeal underscores its continued stance that XRP, like many other cryptocurrencies, falls under the category of securities and should therefore be subject to stringent regulations.
This appeal is the latest development in a years-long legal case that has broader implications for the cryptocurrency industry. Should the SEC succeed in overturning the previous ruling, it could set a precedent that impacts not only Ripple but other blockchain projects and their token sales. As the battle continues, the case remains a pivotal moment in the evolving regulatory landscape of crypto in the United States.
#secxrp #XRP_ETF #XRPGoal #xrpsucess #BinanceLabsInvestsLombard
The SEC has filed an appeal in its ongoing legal battle with Ripple, contesting a court ruling that favored the cryptocurrency company. Earlier this year, a judge ruled that XRP sales made on Rippleās platform do not constitute unregistered securities, a major win for Ripple. However, the SEC is now challenging that decision, arguing that the court misinterpreted key aspects of securities law.
In addition to contesting Rippleās platform sales, the SEC is also taking issue with the ruling that personal sales of XRP by Ripple executives did not violate securities regulations. The regulator's move to appeal underscores its continued stance that XRP, like many other cryptocurrencies, falls under the category of securities and should therefore be subject to stringent regulations.
This appeal is the latest development in a years-long legal case that has broader implications for the cryptocurrency industry. Should the SEC succeed in overturning the previous ruling, it could set a precedent that impacts not only Ripple but other blockchain projects and their token sales. As the battle continues, the case remains a pivotal moment in the evolving regulatory landscape of crypto in the United States.
#secxrp #XRP_ETF #XRPGoal #xrpsucess #BinanceLabsInvestsLombard
XRP Skyrockets 8% as Whales PounceāIs a New Rally Imminent?
$XRP has rebounded 8% in the last 24 hours, surging to $2.17 after a week of turmoil. The altcoin is now trading 12% above its recent low of $1.94, signaling a potential shift in market sentiment. But whatās driving this recovery? Letās break it down.
SEC Case Against Ripple Nears Possible End
The biggest catalyst behind XRPās surge is growing optimism that the SEC might drop its lawsuit against Ripple. The case, which started in December 2020, has long weighed on XRPās price and adoption. However, recent events suggest a shift in regulatory priorities:
ā SEC closed cases against major crypto firms like Coinbase, Consensys, Uniswap, and Robinhood.
ā This has fueled speculation that Rippleās case could be next, or at least reach a favorable settlement.
ā While no official confirmation exists, the mere possibility has sparked bullish momentum
Whales Are Buying the Dip
Large XRP holdersācommonly known as whalesāare aggressively accumulating during the pullback. On-chain data reveals:
š³ Wallets holding 1M-100M XRP have accumulated 440M XRP since Feb. 24, worth nearly $1 billion.
š This accumulation creates a strong price floor, suggesting that whales expect XRP to rally further.
V-Shaped Recovery in Sight?
XRPās price action is forming a V-shaped recovery pattern, a bullish reversal signal. Key resistance levels include:
š¼ $2.35 - $2.58 (where key moving averages sit).
š¼ If XRP breaks through, the next target is $2.74, completing the pattern.
š¼ Beyond that, a push toward $2.84 (+30% from today) could be on the horizon.
Technical indicators, like the Relative Strength Index (RSI) rising from 17 to 44, further support this bullish outlook.
$8 XRP? One Analyst Thinks So
Crypto analyst Dark Defender argues that XRPās corrective phase is over and that it remains on track to hit $8, regardless of the SECās decision.
With whale accumulation, regulatory optimism, and strong technicals, XRP might be gearing up for a massive rally. Could this be the start of something big? Let us know your thoughts!
#XRP #SECXRP #BTCRebundsBack
SEC Case Against Ripple Nears Possible End
The biggest catalyst behind XRPās surge is growing optimism that the SEC might drop its lawsuit against Ripple. The case, which started in December 2020, has long weighed on XRPās price and adoption. However, recent events suggest a shift in regulatory priorities:
ā SEC closed cases against major crypto firms like Coinbase, Consensys, Uniswap, and Robinhood.
ā This has fueled speculation that Rippleās case could be next, or at least reach a favorable settlement.
ā While no official confirmation exists, the mere possibility has sparked bullish momentum
Whales Are Buying the Dip
Large XRP holdersācommonly known as whalesāare aggressively accumulating during the pullback. On-chain data reveals:
š³ Wallets holding 1M-100M XRP have accumulated 440M XRP since Feb. 24, worth nearly $1 billion.
š This accumulation creates a strong price floor, suggesting that whales expect XRP to rally further.
V-Shaped Recovery in Sight?
XRPās price action is forming a V-shaped recovery pattern, a bullish reversal signal. Key resistance levels include:
š¼ $2.35 - $2.58 (where key moving averages sit).
š¼ If XRP breaks through, the next target is $2.74, completing the pattern.
š¼ Beyond that, a push toward $2.84 (+30% from today) could be on the horizon.
Technical indicators, like the Relative Strength Index (RSI) rising from 17 to 44, further support this bullish outlook.
$8 XRP? One Analyst Thinks So
Crypto analyst Dark Defender argues that XRPās corrective phase is over and that it remains on track to hit $8, regardless of the SECās decision.
With whale accumulation, regulatory optimism, and strong technicals, XRP might be gearing up for a massive rally. Could this be the start of something big? Let us know your thoughts!
#XRP #SECXRP #BTCRebundsBack
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