XRP targets all-time highs after surviving SEC massacre

Although parent company Ripple is still in a legal battle with the United States Securities and Exchange Commission, XRP is currently trading at a price of $ 1 or more. The last pump not only proves the power of unlimited cryptocurrencies, but also takes the token to an important technical level, if it breaks it should target a new all-time high above its old high of $ 3. room. XRP pumps more than $ 1, but may reach all-time highs. Investors in the United States are likely upset at this point by the Securities and Exchange Commission's decision to take legal action against parent company XRP Ripple and its leaders. The SEC saw the token as unregistered security, and exchanges in the country had to abandon XRP immediately. An anticipated liquidation resulted in many investors holding their bags – strong hands otherwise forced by the government to protect them. Related reading | Mapped: Why Ripple Skyrockets Looks Possible to Break Above $ 1 Whatever the legitimate implications for Ripple, the boundless design of cryptocurrency technology and incompatibility with a single country kept XRP alive – now growing as it quickly regains $ 1 per XRP. The Ripple Rocket To Launch With SEC Decision or Without XRP's latest hit on $ 1 is not over here. The coin continued to rise above $ 3.50 per coin during the peak of the altcoin season in early 2018. Now, infamous guides have been published by the mainstream media informing users about the summit and how to buy investors. I was waiting for improvement. Related reading | XRP tops top 10, SEC case against Ripple dead? Now that the currency is back at $ 1, the recovery could be here. After the initial sale, the monthly timeframes stochastic indicator rose sharply and the Bollinger Bands literally dropped from the chart along with volatility. Expansion is coming Read more

Join the Discussion

Back to top