$XRP
The price of Ripple has increased by 3% with the possibility of the initial coin offering (ICO) multiplying by 100 times.
🚀 The price of Ripple increased by 3% as Ripple withdrew its appeal against the U.S. Securities and Exchange Commission (SEC) 📈
Fundamental Update:
The price of Ripple rose to $2.18 after Ripple Labs withdrew its mutual appeal against the U.S. Securities and Exchange Commission (SEC), indicating a potential end to the legal battle.
💡 Practical Insights:
• Monitor the resistance level at $2.26 (50-day simple moving average) to confirm the breakout.
• A drop below $2.13 (50% Fibonacci) could negate the upward momentum.
🧠 Lesson:
Legal clarity fuels rallies - trade with confirmation of the trend.
Stay alert, as the market rewards the prepared! 💎