đš Fresh drama in Ripple vs SEC
Judge Torres just rejected the joint request from Ripple and the SEC for an indicative ruling â and the market didnât take it lightly. đ XRP dipped 5%, briefly touching $2.09 before bouncing slightly to ~$2.10.
But letâs talk structure đ
$XRP is still in a bearish trend: lower highs, lower lows. Until we see higher lows + a break above $2.20 resistance, donât expect fireworks. đ«
đKey levels to watch:
Resistance: $2.19â$2.20 âĄïž breakout here could aim for $2.30â$2.35, maybe even $2.60 if bulls gain real momentum. đ
Support: $2.05â$2.10 âĄïž break below = danger zone, with $1.92 and even $1.79 in sight. đ§š
BTC may be building its fifth wave â but XRP? Not yet. Patience. âĄ
For now, Iâm watching $2.08. Lose that, and we could be looking at a deeper leg down.
đ§ Smart money is watching structure, not just headlines.
DYOR. Stay sharp. đ