Current Situation #xrp

Key Date

August 15 – mandatory SEC report

Proposed Settlement

US$ 50M to the SEC + US$ 75M returned to Ripple

Internal Process

Formal SEC vote may take 1–2 months

Risk of Extension

Experts find it unlikely, if motion is approved

Impact on XRP

Potential rise with resolution; caution until confirmation

Consolidation Until Decision

• Trigger: Market awaits August 15 with caution, no leak of decision.

• Price Action: Sideways movement between US$ 3.20 and US$ 3.35 with moderate volume.

• Strategy: Trade within the range or wait for clear breakout; reinforce positions near US$ 3.05.

Negative Decision or Delay (Strong Correction)

• Trigger: Judge denies or delays decision; negative rumors.

• Price Action: Loss of US$ 3.05 → testing US$ 2.92; breaking US$ 2.65 opens the way to US$ 2.06.

• Strategy: Strict stop-loss; possibility of re-entry at lower supports.

Strategic Summary

• Short-term rise confirmed, but main movement depends on judicial trigger of August 15.

• Plan for traders:

• Positive: Breakout of US$ 3.34 with volume → target US$ 3.66 / US$ 4.00.

• Neutral: Sideways movement until news → range 3.20–3.35.

• Negative: Loss of US$ 3.05 → risk of drop to US$ 2.65.