صقر الجزيرة
39 Following
20 Followers
16 Liked
0 Shared
All
Quotes
Hhhhhhhhhhh
Before the end of today, I will reach my goal 2.13, I am sure of achieving it today
See original
Now it is possible to ascend
The chart shows a false breakout of the descending triangle pattern, followed by the price rebounding back to the upper boundary of the pattern. The currency price is currently settling near the level of 2.17. The nearest resistance levels are formed at the "50-day moving average (SMA50)" (around 2.20) and the "200-day moving average (SMA200)" (at 2.30), while the lower boundary of the triangle between 1.90 and 2.00 is considered a support area.
The Relative Strength Index (RSI) value of 49.60 indicates a neutral state reflecting a balance between buyers and sellers. Meanwhile, the MACD remains in a moderately positive area, although it is gradually declining on the histogram, suggesting weakness in the upward momentum. Based on these indicators, it is likely that the price will continue to move sideways in the near term, with a retest of the mentioned support and resistance levels.
The table below illustrates the monthly forecasts for the XRP/USD pair over the next twelve months.
The Relative Strength Index (RSI) value of 49.60 indicates a neutral state reflecting a balance between buyers and sellers. Meanwhile, the MACD remains in a moderately positive area, although it is gradually declining on the histogram, suggesting weakness in the upward momentum. Based on these indicators, it is likely that the price will continue to move sideways in the near term, with a retest of the mentioned support and resistance levels.
The table below illustrates the monthly forecasts for the XRP/USD pair over the next twelve months.
See original
BTC # will reach 110,000
within two days
within two days
See original
XRP #Uptrend after the legal issues are resolved 🥳🥳
Binance News
--
XRP News: Ripple Settles With SEC, Agrees to $50 Million Fine Amid XRP Legal Resolution
Ripple and SEC reach agreement to conclude long-standing legal battle; $125M escrow to be partially returnedRipple Labs and the U.S. Securities and Exchange Commission (SEC) have officially reached a settlement, concluding one of the most closely watched legal battles in the crypto space.Key Points:Ripple will pay a $50 million fine to the SEC.The remaining $75 million from a $125M civil escrow account will be returned to Ripple.Both parties requested the court to terminate existing restrictions on Ripple’s operations.The case closure may impact XRP price and broader crypto regulatory sentiment.Settlement DetailsAccording to crypto journalist Wu Shuo, the settlement involves both Ripple and the SEC submitting a joint request to the court. The request aims to:Lift the ban previously imposed on Ripple, andRelease $125 million in escrowed civil penalties.As part of the agreement, Ripple will forfeit $50 million to the SEC, while the remaining $75 million will revert back to the company.Regulatory and Market ImpactThis development marks a significant turning point in the SEC’s enforcement campaign against crypto companies, particularly around the classification of digital assets like XRP.The resolution of the case could:Strengthen Ripple’s position in U.S. and global markets,Influence XRP’s legal clarity, andAffect the tone of future SEC lawsuits involving other crypto firms.
Login to explore more contents