This breakout looks wonderful on the chart, I hope it works!
Professor Mende - Bonuz Ecosystem Founder
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💰 XRP Eyes 60% Gain as Gensler Prepares to Exit!!
XRP just burst out of a symmetrical triangle formation, suggesting a run toward $4 could be in the cards. This breakout arrives on the heels of Ripple sealing sensitive documents in its legal battle with the SEC. As if that weren’t enough, agency chair Gary Gensler is stepping down on January 20, stirring hopes for a more crypto-friendly tone.
Still, traders should watch their backs. If XRP slips back below $2.37, the bullish thesis weakens. Adding to the suspense, the SEC must file its appeal by January 15, so expect more price swings as the deadline approaches.
Is This the Big Opportunity? Keep Track of Court Updates. Ripple’s case has moved markets before, and new twists could come any day. Also, make sure to observe Key Chart Levels. The breakout’s backbone is $2.37. Falling below it might cause a steeper retreat. Lastly, stay safe and guard Against Whiplash. Consider partial profits if price surges. It’s better to lock in gains than watch them vanish.
Follow @Professor Mende - Bonuz Ecosystem Founder to stay updated on the topic! #XRP #Ripple #SEC #GaryGensler #Trump $XRP
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