XRP PRICE TO DRASTICALLY CHANGE IN 2 DAYS – EXPLAINED ! XRP LATEST AND BIG NEWS TODAY’S

XRP PRICE TO DRASTICALLY CHANGE IN 2 DAYS – EXPLAINED ! XRP LATEST AND BIG NEWS TODAY’S
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Hello and welcome back to coin lady Channel there will be a dramatic shift in the xrp price soon you should watch this if you’re even somewhat interested in xrp or if you own any xrp tokens first things first shall we examine the chart for xrp’s performance on December 27th before diving into our

First topic today xrp is trading at 62 cents on a $1.5 billion trading volume it has risen 1% in the last 20 4 hours and 1.5% in the last week there are 100 billion xrp coins in circulation with 48 billion already in circulation be advised that some prices may have

Undergone changes by the time you view this video cryptocurrency Investments are dangerous and this is not Financial advice make sure you invest wisely by conducting your own research bitstamp Toro and GitHub are among the most popular platforms where you may buy and sell xrp well that is enough let’s get down to

Business okay then let’s watch the video if this does not occur the experts say the Ripple versus SEC case will not resolve the inventor of crypto law attorney John Dean has new remarks on the possibility of a settlement in the SEC and ripple dispute which has been

Underway for some time the attorney Dean recently made the speculation in an interview with thinking crypto that the SEC secuity action against other crypto Ventures will prevent a settlement in the Ripple case possible stumbling block to Ripple settlement SEC claim against cardano in particular Deon has stated

His belief that the SEC will not reach a settlement with ripple and acknowledge that xrp sold on exchanges is not a security as long as the agency maintains its view of cardano salana and madic as investment contracts does the SEC intend to fin acknowledg that xrp traded on exchanges

Does not constitute a security but cardano did legal council Dean expressed a skepticism about the matter keep in mind that during its litigation against coinbase in June the SEC classified cardano solomatic and more than 10 cryptocurrencies as Securities by allowing the trade of assets that were considered investment contracts and by operating in

Unregistered Securities Exchange coinbase allegedly violated us regulations according to the SEC the much anticipated summary ruling in the Ripple lawsuit was released a month later by a federal court in New York the court found that xrp is not a security on its own the court also rejected the sec’s contention that

Payouts and ripples programmatic sales constitute investment contracts even though the SEC may be able to file an appeal following the final verdict According to some legal analysts the regulator May reach a set settlement with ripple as a potential component according to certain predictions among the many attorneys who

Do not see a settlement as the likely next step in the case is attorney Deon according to Deon who thinks the SEC is fighting crypto at the moment the outcome of the commission’s legal battle with coinbase will determine whether or not it settles with ripple deedon claims

That the Ripple case may reach a settlement when coinbase request to dismiss the SEC charges is granted if coinbase is successful even partially in their request to dismiss then and only then will the settlement take place there is nothing else the conflict persists regardless according to attorney Dean we

Are currently engaged in a war in the event that the exchange situated in San Francisco prevails in court the assertion by the SEC that Ida and several other digital assets or Securities will be rejected the SEC might reach a settlement with ripple and agree that exchang traded xrp coins are not

Securities more easily in this matter as per the remark made by Deon to set the scene coinbase originally moved to dismiss the sec’s accusations in October claiming that the cryptocurrency assets traded on its platform did not constitute investment contracts furthermore The Exchange contended that the SEC lacks the

Authorization from Congress to oversee a sector as volatile as cryptocurrency no ruling has been handed down by the court as of yet according to Deon and other legal experts the coinbase verdict might be announced as early as January of next year meanwhile the remedy stage is still ongoing in the

Ripple case and the procedure is set to begin in February the SEC will determine whether to settle with ripple or appeal the summary judgment ruling to the second circuit after the court issues the final verdict please consider subscribing leaving a like and viewing the rest of the video so you don’t miss

A thing if you’re still here let’s get down to business now we may continue with the video there will be a major shift in xrp on December 29th this chart pattern explains why xrp might be about to make a huge breakthrough for xrp the date December 29th is quite significant primarily from

A technical standpoint according to the xrps to price charts technical analysis the assets price is about to break out of a descending triangle pattern which might signal a dramatic increase in volatility and a change in its direction a downward sloping upper boundary denotes lowering resistance levels and a

Flat lower boundary functions as support in the descending triangle seen on the xrp daily chart with the price compressing toward the apex of the triangles this pattern typically signals accumulation during a period of uncertainty the probability of a decisive move for xrp is increasing as it approaches this converging point

Around half a dollar is a crucial support level to keep an eye on maintaining xrp’s position Above This level which has steadfastly resisted bearish pressure on multiple occasions strengthens the argument for an upward breakout on the flip side xrp price could encounter lower supports like the 0.50 Zone where purchasing activity from

The past might provide some buoyancy if it falls below this critical support equally important are resist levels under these conditions the first point of resistance is around 0.63 which is close to the top of the triangle if the price manages to break through this level of resistance it

Might accelerate its Ascent into the 0.65 Mark past price movements have formed a congestion Zone breaking through this Zone could lead to Greater resistances perhaps around the 70 cents Mark investors should brace themselves for increased activity particularly after the holidays as tensions rise and volatility Rises as December 29th draws

Near when prices break out of these patterns it can cause a dramatic shift in value you must think about both possibilities the medium-term perspective may need to be re-evaluated in the event of a downward break but an upward Drive might confirm a bullish one for

Xrp Please be aware that we are not here to give you Financial advice or encourage you to put your money into any particular business all it is is a conduit for the distribution of instructional materials to you be wary of con artists in no way will we ever use

WhatsApp or any other medium to solicit funds from you be wary of comments or emails that seem to be from our Channel and click on only those please like And subscribe my channel see you later bye