📢 In a historic step, the U.S. SEC officially announced the end of the lawsuit against company #Ripple after imposing a fine of $125 million and canceling any potential appeal.
This decision ends one of the longest and largest cases in the world of cryptocurrencies, removing a regulatory burden that has haunted $XRP for years.
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📊 Bullish scenario: A breakout and close above $3.27 may push towards $3.50 - $3.60
Bearish scenario: Breaking $3.13 may drop the price towards $3.00 - $2.95
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✅ Positives of the news:
Removing the biggest regulatory obstacle for XRP since its launch.
The possibility of attracting institutional investors after the legal ambiguity is removed.
Price movements independent of $BTC and $ETH indicate a new phase.
⚠️ Negatives of the news:
The possibility of quick profit-taking after the rise resulting from the news.
The overall market is still volatile, and this may affect any sharp rises.