🚨 Fresh drama in Ripple vs SEC
Judge Torres just rejected the joint request from Ripple and the SEC for an indicative ruling — and the market didn’t take it lightly. 📉 XRP dipped 5%, briefly touching $2.09 before bouncing slightly to ~$2.10.
But let’s talk structure 📊
$XRP is still in a bearish trend: lower highs, lower lows. Until we see higher lows + a break above $2.20 resistance, don’t expect fireworks. 🚫
📍Key levels to watch:
Resistance: $2.19–$2.20 ➡️ breakout here could aim for $2.30–$2.35, maybe even $2.60 if bulls gain real momentum. 🚀
Support: $2.05–$2.10 ➡️ break below = danger zone, with $1.92 and even $1.79 in sight. 🧨
BTC may be building its fifth wave — but XRP? Not yet. Patience. ⚡
For now, I’m watching $2.08. Lose that, and we could be looking at a deeper leg down.
🧠 Smart money is watching structure, not just headlines.
DYOR. Stay sharp. 🌐