Ripple’s $XRP Verdict—Court Rules Smart Contracts Are Securities”
U.S. court just ruled that XRP transactions via smart contracts are securities sales.
Market Impact: XRP dumped 12% on the ruling but recovered half the losses into close.
Analysis:
Legal Pivot: This sets a precedent for DeFi tokens—expect volatility in LINK, AAVE, UNI.
TA for XRP:
Support: $0.48 held on the daily test
Resistance: $0.58–$0.60 zone is the make-or-break battleground
“🚨 How will this ripple through DeFi? Drop your predictions—#DeFiTokens at risk?”