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Xrpvssec

XRP Court Victory ! Ripple's Impact on Crypto Landscape !!The recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season. With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space. This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin. The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market. The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins. The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities. Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list. This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins. I think XRP could easily reach $1! Looking forward to read your opinion about it!
Long
by TopgOptions
2
XRP vs SEC LawsuitIf you haven`t bought the chart reversal here: Then you should know that the SEC sued Ripple in late 2020, arguing that the payments firm sold XRP as an unregistered security. The U.S. Securities and Exchange Commission must produce documents Ripple intended to use as evidence. Coinbase Wallet announced this week that it would stop supporting Ripple’s XRP, Bitcoin Cash (BCH), Ethereum Classic (ETC), and Stellar (XLM) on December 5. For a perfect storm after the FTX exchange collapse, XRP should lose the lawsuit against the SEC and plunge into the crypto abyss.
Short
by TopgOptions
3
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
Long
by ChitoiuAndrei2308
1
XRP defends the bottom FLAGLINE !!! HOLE will deepen ?!Hello everyone ! XRP defended the bottom line of the flag on the daily chart. This means that it will continue to move in its field. However, if the bearish candle closes behind that line, there will be a deeper decline. # 1 Safe entrance after piercing the flag pattern with retest from the top. In the first move, the letter W will be formed, which means a bearish to bullish reversal. There should be sharp gains after the recent declines, which will be recovered very soon. On February 22, the first court hearing regarding XRP will take place, if positive information is published, the price will shoot up on the 1st target. # 2 A drop even lower than the current "higher low" which I found in the last analysis :) Less probable scenario ,but as real as possible. Then we are waiting for a good time to go as low as possible with a stoploss of $ 0.59 I already took my xrp positions in place from my previous analysis of $ 0.71. I believe that it was a very good move, and I will buy more if there will be further drops. Comment and like, greetings
Long
by SayMoney
1
Ripple could be next which can broke it downtrend & take really!Technical analysis: #XRP (Daily update) * XRPUSDT is try to BREAKOUT the Symmetric tringle pattern, the beginning of an uptrend is expected from here. *The price is trading ABOVE 50- MA but try to break the 21 MA as well as trend line , LOOK too bullish when it will trade above the both MA's as well as downtrend. it could start new really to $4 or more soon!! * RSI above the 50 that's means bulls are upper hand and also try to break its resistance, if it broken then xrp will take momentum from here.. Take Profits, TP1= @ $1.41 TP2= @ $1.97 TP3= @ $2.72 TP4= @ $4.39 next to the moon lol SL=close BELOW $0.95 on daily bases. 🥰If you find this helpful and want more FREE forecasts in Tradingview😍. Please show your support back🙏, Hit the 👍 LIKE button, Drop some feedback below in the comment✍️! ❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝 💎 Want me to help you become a better Crypto trader? Now, It's your turn! Be sure to leave a comment; let me know how you see this opportunity and forecast. Trade well, 💪 #RIPPLE #CRYPTO #BULLISHRUN #ALTCOIN #UPTREND
Long
by Bitking786
3