🔥RIPPLE vs SEC: 2 POSSIBLE SCENARIOS FOR XRP WITH TARGETS
Updated
🔥Hi, friends! Ripple is one of the few cryptocurrencies that truly holds value and has its own product. The ECB is launching its own digital currency (CBDC), in which Ripple has played a significant role.
🚩There has been a lot of news regarding this company's involvement in developing country currency analogs using blockchain solutions XRP.
📊What could influence the price of Ripple? In May, the Ripple case is expected to conclude. I see two scenarios:
✅1. Negative: the company is found guilty of selling unregistered securities. In this case, the price may fall to the nearest major support zone, specifically $0.37-0.41.
✅2. Positive: the company is acquitted, and the XRP token is deemed a commodity. The price skyrockets, with all growth targets outlined below.
✅ THE MAIN LONG TARGETS FOR XRP:
1. $0.66 - the key level, local high
2. $0.8 - the key level
3. $ 1 - the even number and huge resistance for the price
💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
🚩There has been a lot of news regarding this company's involvement in developing country currency analogs using blockchain solutions XRP.
📊What could influence the price of Ripple? In May, the Ripple case is expected to conclude. I see two scenarios:
✅1. Negative: the company is found guilty of selling unregistered securities. In this case, the price may fall to the nearest major support zone, specifically $0.37-0.41.
✅2. Positive: the company is acquitted, and the XRP token is deemed a commodity. The price skyrockets, with all growth targets outlined below.
✅ THE MAIN LONG TARGETS FOR XRP:
1. $0.66 - the key level, local high
2. $0.8 - the key level
3. $ 1 - the even number and huge resistance for the price
💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Trade active
Hi, friends! The price is falling to the value area and it was expected.I think that local pullback up is still possible to accumulate more long traders before the liquidation.
Trade active
🔥Hi, friends! XRP follows the first scenario with a target of $0.37-0.405 value area.Today it's a pump but I think that the price test the value area. This will happen if the whales want to collect more liquidity. We will enter the trade with them, of course.
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