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XRP Holders on Edge: Navigating Legal UncertaintyRipple ( CRYPTOCAP:XRP ) finds itself embroiled in a legal saga fraught with uncertainty. Recent developments surrounding a federal judge's ruling against Coinbase have reignited speculation and raised concerns among CRYPTOCAP:XRP holders about the potential implications for the ongoing legal battle. The crux of the matter lies in Judge Analisa Torres' previous verdict affirming XRP's non-security status—a decision that has been called into question following Judge Failla's refusal to consider it as precedent in the Coinbase case. Instead, Judge Failla opted to lean on the analysis of Judge Jed S. Rakoff, who cast doubt on Torres' ruling and emphasized the Securities and Exchange Commission's (SEC) jurisdictional arguments. Judge Rakoff's stance has cast a shadow of uncertainty over XRP's regulatory standing, prompting speculation that Ripple Labs may consider a settlement to mitigate legal risks. The possibility of revisiting Judge Torres' ruling and the potential for a new appeal from the SEC loom large, underscoring the complex legal landscape Ripple must navigate. Amidst mounting legal pressure, Ripple CEO Brad Garlinghouse and the company's Chief Legal Officer, Stuart Alderoty, were recently spotted outside a New York courthouse, fueling speculation of a forthcoming settlement conference. This development hints at Ripple's willingness to explore alternative paths to resolution as it seeks to mitigate legal uncertainties and restore investor confidence. The implications of Ripple's legal battle extend far beyond the courtroom, reverberating throughout the cryptocurrency market and impacting investor sentiment. With regulatory clarity remaining elusive, stakeholders are left to grapple with the uncertainty surrounding XRP's regulatory status and its broader implications for the cryptocurrency ecosystem. As Ripple ( CRYPTOCAP:XRP ) teeters on the precipice of legal uncertainty, the path forward remains fraught with challenges and complexities. Whether through litigation or settlement, the resolution of Ripple's legal battle will undoubtedly shape the future trajectory of CRYPTOCAP:XRP and influence the broader regulatory landscape for cryptocurrencies.
by DEXWireNews
4
ETH HAS BEEN SERVED BY THE SEC! GOOD BYE ETHEREUM!ETH HAS BEEN SERVED BY THE SEC! GOOD BYE ETHEREUM! Hello everyone. Just as I thought something big was going to happen well here it is. SEC is going after Ethereum. A lawsuit by the SEC has possibly already been filed. If you need a better explanation please watch the video by Bitcoin University on youtube that just came out, he explains it fully and why he believes they have already been served already has 20k views. This would be a perfect catalyst to make ETH drop to way low prices over the next many years during the lawsuit. Look what happened to XRP and multiply that x10. Oh boy this is going to be epic. Once ETH loses and is deemed a security because it simply is theres no way around it. ETH is going to TANK mark my words people. I called this years ago. I knew this would happen but I was called crazy. We'll see who the crazy one is at the end of this. Do you realize how much money the SEC is about to make. This is why Bitcoin, Litecoin and a couple others are going to go to such crazy numbers no one would ever imagine. The whole shltcoin market is about to drain into the real decentralized crypto commodities. THE ONLY NON SECURITIES IN ALL OF CRYPTO RIGHT NOW IS BITCOIN, LITECOIN, DOGE, AND BITCOIN CASH. There may be others like Feathercoin, or Namecoin from the early days but they are dead chains. Isn't it funny how Charlie Lee stepped down from Litecoin just at the right time right before securities regulations? I Hmm and Digibyte founder Jared Tate just did the same thing, hmmm? All these decentralized mined cryptocurrencies from the early days that all these people called dinosaurs could actually rise up again and become the top 5? No way right? Wrong its happening but most of you were too blind to see it. Maybe youll see it now or maybe you learn lessons the hard way and you lose all your money. Once this thing starts to fall its going to be a waterfall youll never get out of your staking in time. If ETH is a security then SOLANA is BNB all of them, its all over for all these shlt coin scams like DogWifShlt and all the other trash all these fools are buying. Coinmarketcap will be half of one page you'll see. The rest will be archived for future reference and so people can have a good laugh at what people actually invested in! Dont be a fool and hold to zero, I would get to the exits and into something safe ASAP or you may gut stuck in the burning building cause the exits are jammed. Im not biased I just know whats coming and I dont want to see you all lose money, I hate it when people lose money. Not financial advice just my opinion!
Editors' picks
BITSTAMP:ETHUSDShort
by Bitgolder
237
Bitcoin Irregular Expanded Flat Fractal Straight Up 90kJust an idea, I noticed Bitcoin played out a fractal similar to the previous bull run top. If Bitcoin plays out this fractal then a straight shot to $90k could very well be in the cards. Obviously on the higher time frame it will be a little slower action that on the daily we just had but none the less it would go up pretty fast. I believe the current rally we are having is the first wave of a massive, massive bull run coming for Bitcoin. I think this run is going to go up so fast it will literally leave everyone behind that is waiting for new lows or even on the sidelines. When this thing goes it could make 50% moves up in a single day. Most people arent prepared for that and with all these exchanges ceasing operations in USA, almost one a day now, most people wont even be able to get in or get out at the top. Oh you got Coinbase App? Good luck, look at the history of Coinbase, their site goes down when things get crazy almost every single time, so by the time you get in Bitcoin on Coinbase Bitocoin may well be at 100K or more. Coinbase also cancels orders if it goes up to fast and refunds your money. If you are waiting on the sidelines make sure you have more than one avenue to get and get out so you're not left behind. I dont know guys I see a giant bond collapse coming, and hyperinflation to try and prop up this giant house of cards, which wont work this time. Keep an eye on the Euro. When the Euro starts to tank the USA is maybe a week behind. Also watch silver, when silver starts going up $5 a day just know that shit has hit the fan and the collapse of the USA dollar and all the western republics is very near. Make sure you have some silver if you dont already just as money so you can buy what you need because no one will accept the US Fed Note Dollar. Good Luck out there. This is not financial advice this is just my opinion.
BITSTAMP:BTCUSDLong
by Bitgolder
10
Ripple can continue to move up inside rangeHello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price some time ago rebounded from the resistance line and made a strong impulse down to 0.6035 support level, which coincided with the buyer zone, thereby breaking the 0.6585 resistance level. After this, the price at once rebounded from this level and rose to the resistance line and even higher this line, but soon fell back, making a fake breakout. Also later, XRP declined below the support level and some time traded there. After this, the price turned around and made a strong impulse up, breaking the support level one more time and soon the resistance line, after which Ripple started to trades in a range. In this pattern, the price first rose slightly, then fell to the support level, after which rebounded and rose to 0.6585. But recently, Ripple turned around and in a short time declined to the 0.6035 level, after which it rebounded and started to move up. So, now I think that XRP can continue to move up inside the range. For this case, I set my target at the 0.6410 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
XRPH looks to have bottomed.XRPH (XRP Healthcare) is the first healthcare project that has been built on the XRPL. It has been falling like a waterfall for quite some time now, but looks to have bottomed, and possibly even started the process of breaking out. Limited to 100 million tokens, and you can stake those tokens in the XRPH wallet available in the Apple Store, and Google Play, to get from 20% for 6 months, and 25% for a year. Do your research first, but I think that this could be a great investment over the next 5 to 7 years, and we are definitely early, as this token is only listed on very small exchanges, and is only available in spot markets, and isn't available in futures anywhere, which makes for much better price stability. This isn't investment advice, just my opinion. Good luck, and always use a stop-loss!
Long
by MetaShackle
2
🔥 XRP LEFT THE DESCENDING CHANNEL 🔥Hi! Hope everyone's doing well, if your a regular here then thanks for coming by as always, appreciate it! 🔥 In our last idea we highlighted that descending channel for XRP and pointed out that a lot of what would happen would be in correlation to Bitcoin as well as whether or not we exited the descending channel and that's basically it to keep things short and simple. We got that exit from the channel and since then this sort of ascending channel has formed which I've detailed with the dotted black lines. 🔥 That being said we have exited from the ascending channel and we see exactly what happened with that. We lost both the channel and the 200 day moving average thus we're close to retesting this support here ranging from 0.60-0.61 to gauge whether or not we can regain our footing or if we'll fall further. 🔥 Part of that will likely be on whether or not Bitcoin itself can keep itself grounded above $69,000. Here's the chart below for some perspective: 🔥 I haven't added anything, I've only extended the horizontal lines from the previous post so we're at this resistance point or pivot point right now as some may call it. If we fall back down below 69 I'd expect some volatile movements with a possible drop if we lose the 200 EMA on the lower time frames by which we could see another test of $61,500. After all, we can see that it already did one test of that level before rebounding and exiting it's own descending channel. 🔥 So definitely would recommend keeping an eye on that, it'll likely influence Ripple in the next few days as usual. As for economic events to watch for on the 29th, this Friday Powell will be speaking and we already know how that can sway the market so definitely watch out for some possible volatility depending on what Powell comments, speaks on or about. 🔥 Didn't want to make this idea too long but you get the gist, we're just at another pivot point and we've got these mini channels moving us up and down, nothing too crazy. And all this amongst the SEC asking the Judge to Fine Ripple nearly $2 Billion in the XRP case which alone as it is marks a crazy move by the SEC, they stay being nothing but trouble unsurprisingly. Here's the link to an article on that below: news.bitcoin.com 🔥 Any way I'm leaving the idea at that, there's no clear outlook on things as we're mainly waiting to see if BTC can sustain enough pressure and support to keep above that 69k mark again. I'll leave it there but thanks for coming by as always, really appreciate it you guys. Have a great day and see you all soon! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
3
XRP and the coming new all-time-high.XRP's price has been lagging behind the market, but it makes sense as Ripple has admitted to dumping XRP on retail's head during the rallies. As it stands, the selling of XRP is Ripple's only way to raise capital. However, XRP still remains the only single cryptocurrency on the entire market that has legal clarity. Not even Bitcoin has this, even though it is falsely touted to have such by Bitcoin shills all over the internet. Once the lawsuit is finished, there will be nothing standing in the way of XRP finding true price discovery, and people who have gained massive amounts in other cryptos will be taking profits out and reinvesting them in undervalued assets like XRP. I see a short squeeze from hell coming to XRP very soon! Good luck, and always use a stop-loss!
BINANCE:XRPUSDLong
by MetaShackle
Lukso Soon to be listed on Uphold which is one of the few crypto onboarding exchanges that US residents can purchase coins and tokens directly from their bank accounts. This is a chart from Gate.io showing a pretty solid falling wedge pattern. In which the price action has came back down to the entry zone and is retesting the falling wedge. Falling wedge patterns have around a 70% chance of breaking bullish and have multiple ways to find targets upon breakout to where the price action will likely end up during the next extension wave. You can find the first target area by measuring the mouth of the falling wedge opening. This is the area at the top of the wedge which the upper trend line is drawn from the BODY of the candlestick on the chart. You can use a trend line to start this measurement. The second point you will want to extend your measurement trend line to is the beginning of the lower falling wedge trend line. Again, only measure from the top candle body to the bottom trend line candle body. Then you will want to grab the measurement trend line you have just created and place it on the breakout of the wedge. This is the area at the bottom of the wedge that the price action has broken above the top of the wedges trend line you have drawn like in the chart we have here. Your first target will be the top of this line. A few tips, in some occasions you will see that the measurement trend line should have been placed on the lowest point that the price action has came back down after the breakout of the upper trend line of the wedge. The best tip I can give you is this…. If the breakout (the first candle to fully breakout of the wedge and close on a higher time frame than at least 2hr unless you’re trading patterns under the 1hr during intraday trading) breaks out with heavy green volume that supersedes all of the other volume indicator candles during the time period the wedge was formed, it is very likely that the pattern breakout should be measured from this breakout area. If the volume is not at the Brest candle, you may want to measure from the lowest point that the candles retested. The only problem with this is that you cannot predict the future and will not be sure if it will retest the top of the trend line at all. Especially on lower time frames, the price action often goes directly to the target. So, choose, are you a breakout trader? Or are you a retest pattern trader? Then stick to your trading plan. Keep a trading journal and then switch to the other strategy and find out which works best on which asset you’re trading and stick with that. I often will go back and backtest the other strategy every month just to make sure the one I chose is still the better of the two. Ok, back to some fundamentals. I don’t want to make this post too long consider the majority of us that came later than boomers have an attention span of 7 seconds lol (we all need to work on this, especially doing something that can be stressful when you’re just learning how to trade! Personally, I meditate and do yoga . If you saw me you’d never guess that’s what I do to get my head right and back on track. This has increased my win rate greatly and is arguably say it is one of the most important parts of my strategy!) anyways, I’m just going to leave a link here for coin market cap so you can do your own research on this coin and a link to uphold if you’re in the states to use. Link to coin market cap, read the white paper, check out the community and the devs, what is the utility, what does the project set out to do? Do they have any partners? If so who and how big could the integration of the utility in this token get if the partners fully utilized it? All in all, learn as much as you can! Then come back here to TV and add any new related post alerts to your profile. TradingView has everything you need to do all the fundamental research also, unfortunate I am posting this from my phone and it was easier to put the link to CMC for this. I’d suggest you use TV for everything and pay for premium! It’s worth it just for the alerts! I am in no way an employee of TradingView nor do I benefit from saying this unless you were to use my link to sign up. You’re welcome to but, by no means am I asking you to! Here’s a link to uphold for all the people in the U.S. looking to get into this coin! I hope your enjoyed this post, let me know in the comments what you think!
LLong
by Crypto_Kinfolk
DOGE Dogecoin May Be In For A Deeper CorrectionShort term Doge looks like its in trouble. It looks like a big move down is imminent. Bearish pennant, bearish cross 50 over the 100. A significant move down in Doge and the whole market is about to happen in my opinion. I could be wrong and this is a fake out and we blast to the upside but look at Litecoin and what happened when the 50 crossed over the 100 just recently and now the 50 is crossing over the 200 on Litecoin. If Bitcoin drops to 50s then expect this to happen 100% and possibly even lower targets as the new people who just got in with their rent money sell at the bottom. Could be a fire sale if a person is in the right place at the right time. Not financial advice just my opinion , Good luck out there A closure above the 100 SMA blue line and then the previous high on a 4 hour candle would invalidate this whole thing and Doge will continue its rally to crazy new all time highs. Im leaning towards a correction on this one. WEAR AN EXTRA SHIRT IN CASE YOU LOSE THE FIRST ONE :)
BINANCE:DOGEUSDShort
by Bitgolder
48
XRP growth position for the coming monthsWe are approaching exit from the triangle after 6 years of accumulation. The chart shows the potential levels expected in the next few to several months, assuming that no black swan occurs along the way, such as COVID, which will dynamically withdraw capital from the markets. The RSI shows how the lower level has been defended, and in the current accumulation period there is an emerging advantage of growth volume (green candles).
BITSTAMP:XRPUSD
by cryptodailyuk
HelenP. I Ripple will continue to move up to $0.6560 pointsHi folks today I'm prepared for you Ripple analytics. A not long time ago price rebounded from the trend line and in a short time declined to the 0.6735 resistance level, which coincided with the resistance zone. Price some time traded near this zone and later broke the 0.6735 resistance level, made a retest, and continued to decline. Soon, the price reached the 0.5970 support level, which coincided with the support zone. After this, the price some time traded at this level and later rose to the trend line, after which rebounded and declined lower 0.5970 level and even the support zone. Ripple some time traded below the support zone and soon turned around and made a strong impulse up, thereby breaking the support level and trend line. After this, XRP rose a little and then made a retest of the trend line, after the breakout and recently it continued to move up. For my mind, Ripple will make small movements down and then continue to move up. That's why I set my target at the 0.6560 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
2
HOW To Make Money on a #ALTCOINAltcoins provide the most bang for your buck! But very few people actually have a plan. Apart from "I wanna make millions on S coins" Or have a plan, but fail to stick to their plan, once the dopamine high of a bull market is in full effect! This is based on the assumption that you already done the work, during the past year in accumulating your favourite #Altcoin If you are just entering the market now you should be looking for coin's that had a nice pre bull market pump, and is now retesting previous accumulation zones. Basically flipped resistance into support. This will likely halve the number of X's that you may see of course. Some variation of this idea has been floating around for many many years. And by no means is it a original strategy. The only caveat being the 2017 altcoin bull markets was far easier than the 2021 edition. There is more competition for attention than ever before. And as we saw a whole swathe of alts did not pump as hard as certain categories or ecosystems. Hope this helps And I hope it encourages you to draw up a variation of this plan for your favourite coins. Best of luck.
COINBASE:BADGERUSDLong
by BallaJi
ETH Ethereum Possible Long Term OutlookETH looks just like Luna Classic before the drop in a massive rising wedge, kinda like SOL too before its dump to $20. Bearish divergence on the weekly. I dont know what would cause this drop but iI think ETH days are nearing an end. Its clunky and fees are too hard for the everyday person to use. Something will take its place or a tweak to the blockchain crashes the whole thing. Im not sure but i like to speculate on what the news will be to make the chart pattern do this. I saw this in the LUNA chart when it was at highs and people thought I was crazy when I said its going to under a dollar. Go back and look at it. Same thing with SOL I called the last top almost perfectly. Also think of how many people stuck in staking if this happens, they wouldnt have time to get out. Ask yourself why institutional investors dont stake their ETH. :) Not financial advice just my opinion. Good luck out there.
BITSTAMP:ETHUSDShort
by Bitgolder
47