XRP against SEC(((Since I value your time, I always provide a concise summary - feel free to request more)))
Fundamentally, I believe XRP is going well; the SEC was unable to provide sufficient documentation against Ripple.
Also, as the price is rising, please use a laddering strategy to enter retracements.
SEC
XRP vs SEC!! XRP Holds The Winning HandDaily Timeframe
Price has been Consolidating on the FIB level 0.382 for four days, the daily resistance @0.8763, with XRP having an on going case thus causing less volume of the coin being traded .
H4 Timeframe
The upward channel has been forming for the past week, From 29th - 31st candles have been consolidating on the trend line with no direction of the trend. The same trend had happened last week before the price created a new high @0.9000.
H1 Timeframe
Price is at trendline support level forming the Order Block, between 0.8500 & 0.8700 these been institutional levels, we see a dump back to 0.7700.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Ripple & SEC Settlement In April? XRP Rounded Bottom HOLDING!Will we see the SEC settle with Ripple in April? Here is the rounded bottom update and some price targets on how I could see this playing out. We also have the weekly inverted head and shoulders target of about $1.50. If this plays out we could see new all time highs on XRP into May.
XRPUSD into $0.40Contrary to popular public bias and opinion, I visualize and anticipate XRPUSD to stoop into the $0.40 price region.
Adding in fundamentals of the SEC case not ending until near-November 2022; an explosive reaction is not expected until at-around-or after the SEC case is dismantled or completed.
Technical, multiple indications present themselves to support the much needed dive into liquidity of lower regions in order to supplement an increase of price to break ATHs or at least test them.
Currently, an early entry is held in drawdown and more are being entered currently with expectations to the downside shortly occurring.
Do your due diligence, this is not advise to sell nor buy. Good luck.
Ripple Notches Another Legal VictoryThe latest development in the SEC v. Ripple case could be welcomed by the XRP Army as a positive sign.
The regulator had cited a similar case that it had brought against blockchain content platform LBRY. In the said case, a New Hampshire magistrate judge ruled on the pleadings on unconnected “selective enforcement” defense.
Ripple’s attorneys, however, argued that the SEC shouldn’t be allowed to boost its case against the firm’s fair notice defense by referencing “out of circuit” recently-decided cases. Ripple also indicated that LBRY pled a fair notice defense but the SEC didn’t move to strike it, and the omission of this in the proposed Sur-Sur-Reply is “remarkable”.
And fortunately for Ripple, Judge Analisa Torres has denied SEC’s request to file its Sur-Sur-Reply, in a conspicuous one-word order.
XRP confirming support several timesXRP has had a very interesting previous week with beautiful price swings, large buys, positive SEC lawsuit news and it all builds a much stronger XRP than we've previously known.
As XRP is building support and constructing a key level at ~0.76, this seems to be in preparation for an upcoming massive pump that might take XRP to above 1 USD, at least temporarily.
However, XRP is still following Bitcoin biblically, and that has downsides considering the continous downtrend BTC is experiencing. It is highly expected that after the SEC lawsuit is concluded, XRP to gain some more independence from BTC and be able to decide it's own fate, especially if it gets adopted for any type of governmental integration as it's expected with the USA push to ISO 20022
So far, XRP is a great scalping, swing and day trading asset. The 200 EMA is doing it's job to act as support and resistance bringing high levels of predictability.
XRP IS READY FOR A 10% PUMPHello everyone, XRP has been holding very well during these difficult times, recently Coinbase bought 40m XRP which make us think of how positive is the case with the SEC. A relist maybe?
Potential inverted H&S pattern formed at 4H powered by buying volume, add to position after neckline breakout with volume.
SEC WASTING TIMEThe SEC has filed a Letter of Supplemental Authority in support of its Motion to Strike Ripple's Fair Notice Defense. The fair notice defense was filed in April, they've had plenty time to respond to it and now submit this as an after thought 10 months later whilst Ripple have incurred legal fees through out this 10 months to prepare case. Also what I find amusing is that the case they are citing on from Dec 21,2021 only can be cited because they were give extra time for discovery and would have not been “grandfathered” in to anything that actually involves THIS case. Clearly an attempt of desperation. I don't see why SEC would use Fife lawsuit when they are “picking” the Fair Notice Defense dismissal, when Fife sold their stocks in the US. Ripple never held an ICO. There aren't similarities between the two cases. Sec can not use the Fife ruling. The sec can only use this to strike the lack of fair notice if sec firstly proved that all xrp is a security and all xrp has been sold as unregistered securities. The Fife case is about securities! This is just a motion to draw the judges attention to the reasons why the SEC wants the fair notice defense tossed out.
The Ripple case is based on two things:
1. XRP is not a security
2. The fair notice affirmative defense.
So after, SEC couldn't show that XRP is a security, now they try to file a motion in order to dismiss the fair notice defense because it's the thing that can win Ripple the case, even though this motion was filed in APRIL last year. At this point it just means, SEC is trying to waste as much time as possible because they know they don't have any way out this case, winning it. No matter, what happens to bitcoin or the market, when Ripple wins the case, XRP will be the first crypto fully and legally recognized as decentralized, which means it will revolutionize the crypto industry, and undoubtedly the price will soar, and XRP will finally get it's recognition and true value, after missing a strong bull run, being delisted from many crypto exchanges due to the sec case.
The letter and the case the SEC relies upon: t.co BINANCE:XRPUSDT
XRP - MOMENT OF TRUTH IS HERE - CryptoManiac101XRP / USD TA
Moment of truth has come for XRP, at least in short term. It's holding bye a thread here, and there's only one thing that can save it... SEC lawsuit dismissal which seems to be closer than ever and what would be the odds of it going away in Q1?
Enjoy the show!
XRP Range SupportI pulled a fib from the original ATH and the last pump to $2. We bounced off the .786 for the ATH. Last dump time we breached this box we bounce off the $2 purple .786. If we break .70c I bet we go to .50
I have attached my BTC chart where I think it is going to 33K. I want to believe like everyone Alt season will save XRP, but until the case if over I doubt we see that, unfortunately. XRP Volume on the larger timeframes isn't existent. I don't see that changing until a settlement. Hopefully March like some say. That could align with a BTC ETF approval. Until then hodl and accumulate.
XRP last chanceXRP is doing a very nice Elliot wave count for a potential exponential rise, in JANUARY it will see something with the SEC which is with which it has a demand and has a high probability of rising and exceeding all-time highs of about 3- 4 years that do not come, it can be a great opportunity, if you want a crypto that still explodes, I present to you XRP.
No investment recommendations
Wedge Forming XRPUSDTThis is typically a bullish sign for assets demonstrating this pattern so we see the weekly diverging to a point which would indicate a breakout!
There are larger fundamental plays here with the SEC that could invalidate this massively but for now we are on the same time frame as institutions and seeing a clear pattern so the real question is which was will it breakout?
XRP Post SEC Price Target - Top 3 CoinPost SEC v. Ripple: Rapid move from bottom of channel to top due to full year of price suppression
Resolved Dates& PT's:
- By end of year: $6.32 (670% from $0.82)
- By April 1, 2022: $6.50 (690% from $0.82)
$6.50 XRP PT = mCap of $307 Billion with current circulating supply, placing Ripple's XRP token firmly in spot # 3 on CMC.