Chat about Ripple

The current price is around $3.2793, with strong gains exceeding +5%.

The graphical data shows a pivotal resistance at the $3.30 levels, which is an area preventing rapid ascent.

The apparent support is holding around $3.25–$3.26.

The drawing technique shows that the price is moving within a symmetrical triangle (4-hours), reflecting a phase of pressure and waiting for a clear breakout either upwards towards $3.46 or downwards towards deeper support levels.

Technical Summary: Ripple has positive momentum, but the $3.30 resistance is strong, and a clear breakout is needed to confirm an upward trend. In case of failure, we may rely on the current support or see a correction towards lower areas like $3.15–$3.10.

From the widespread news

The decision to end the legal dispute between Ripple and the SEC triggered a strong push in the market, with trading volume rising by 208% and the price increasing by 4% from $3.15 to $3.25.