XRP rally likely as Bank of International Settlement adds Ripple to its interoperability task force
• XRP price has slowly but consistently risen over the past month, with the altcoin shooting up by 10%.
• Ripple proponent John Deaton stated that despite the win against the SEC, the other projects and tokens remain in a regulatory gray area.
• Rumors of Circle and Ripple working together arose this week after the revelation of Circle’s vice president being a speaker at Swell.
XRP price rise is on the cards as the payment service provider is making advancements in not just cementing its win against the SEC but also in the fintech space. Joining hands with the Bank of International Settlement, Ripple is now a part of the task force established for cross-border payments.
The SEC might not fight Ripple
The recent rulings regarding the ongoing lawsuit by the Securities and Exchange Commission (SEC) against Ripple have been in favor of the payment processor. The XRP parent chain initially partially won the ruling of “XRP not being a security” in July. Earlier this week, the SEC appealed this decision and filed a motion, which was denied by US District Court Judge Analisa Torres.
Now discussing the same, popular Ripple proponent John Deaton stated that the chances of the regulatory body going to a trial are rather slim. He added that it is possible that the SEC might attempt to either dismiss the case or, at the very least, settle with Ripple.
The reason given by Deaton is that the SEC would not want to try the case, especially since the possibility of the regulator winning is very bleak. Furthermore, as the trial goes on, it would be rather expensive, which, in Deaton’s opinion, the SEC would choose to refrain from and instead dedicate the same resources to other cases.
• XRP price has slowly but consistently risen over the past month, with the altcoin shooting up by 10%.
• Ripple proponent John Deaton stated that despite the win against the SEC, the other projects and tokens remain in a regulatory gray area.
• Rumors of Circle and Ripple working together arose this week after the revelation of Circle’s vice president being a speaker at Swell.
XRP price rise is on the cards as the payment service provider is making advancements in not just cementing its win against the SEC but also in the fintech space. Joining hands with the Bank of International Settlement, Ripple is now a part of the task force established for cross-border payments.
The SEC might not fight Ripple
The recent rulings regarding the ongoing lawsuit by the Securities and Exchange Commission (SEC) against Ripple have been in favor of the payment processor. The XRP parent chain initially partially won the ruling of “XRP not being a security” in July. Earlier this week, the SEC appealed this decision and filed a motion, which was denied by US District Court Judge Analisa Torres.
Now discussing the same, popular Ripple proponent John Deaton stated that the chances of the regulatory body going to a trial are rather slim. He added that it is possible that the SEC might attempt to either dismiss the case or, at the very least, settle with Ripple.
The reason given by Deaton is that the SEC would not want to try the case, especially since the possibility of the regulator winning is very bleak. Furthermore, as the trial goes on, it would be rather expensive, which, in Deaton’s opinion, the SEC would choose to refrain from and instead dedicate the same resources to other cases.
XRP price to see more upside
XRP price, trading at $0.524, is presently maintaining the uptrend it started about a month ago, during which it managed to rise by more than 10%. While the recovery is slow compared to past instances, it is the first consistent growth noted since the crash of July.
Looking at the Relative Strength Index (RSI), it is evident that bullish momentum has room to continue. The indicator is in the bullish zone above the neutral line at 50.0, suggesting demand for XRP could still grow before the market is overheated.
Should this be the case, XRP price could breach the month-old barrier at $0.542, which would also flip the 50 and 100-day Exponential Moving Average (EMA) into a support floor. This would enable a further rise beyond the $0.550 mark.
However, if the breach fails and XRP loses the uptrend support, it could fall to $0.505, losing which would invalidate the bullish thesis and send the altcoin below $0.500 toward $0.476.
#share
XRP price, trading at $0.524, is presently maintaining the uptrend it started about a month ago, during which it managed to rise by more than 10%. While the recovery is slow compared to past instances, it is the first consistent growth noted since the crash of July.
Looking at the Relative Strength Index (RSI), it is evident that bullish momentum has room to continue. The indicator is in the bullish zone above the neutral line at 50.0, suggesting demand for XRP could still grow before the market is overheated.
Should this be the case, XRP price could breach the month-old barrier at $0.542, which would also flip the 50 and 100-day Exponential Moving Average (EMA) into a support floor. This would enable a further rise beyond the $0.550 mark.
However, if the breach fails and XRP loses the uptrend support, it could fall to $0.505, losing which would invalidate the bullish thesis and send the altcoin below $0.500 toward $0.476.
#share
Now let get into the weekend 🚀
Till Monday Fam
Hope you take profits
Enjoy your weekend ❤️
Till Monday Fam
Hope you take profits
Enjoy your weekend ❤️
Crypto Update
Buy PENDLE Buying zone: $0.65-$0.67 Targets: $0.8 - $0.9 - $1 Stoploss: $0.55 You can buy PENDLE on Spot and hold till the end of year💪
Good Morning Fam
Buy and hold this on spot
Moon soon 🚀
Buy and hold this on spot
Moon soon 🚀
#Enj
Formed Falling Wedge & Testing Multi Year Trend line Too Incase Of Breakout Expecting Massive Bullish Rally Towards 1$📈
Formed Falling Wedge & Testing Multi Year Trend line Too Incase Of Breakout Expecting Massive Bullish Rally Towards 1$📈
It’s IMPOSSIBLE for you to be here and you complain you don’t make money everyday
Happy New week
Hope you all are enjoying the #xrp strategy.
Info confirmed and Trusted ✅
Contact @xrplhq for the info
I can’t release or spread the strategy here
Book a slot and print the hell out of xrp while it’s still working
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No Depositing to anywhere
Get into it and enjoy while it last
100% legit and working ✅
Happy weekend Fam💯❤️
Happy New week
Hope you all are enjoying the #xrp strategy.
Info confirmed and Trusted ✅
Contact @xrplhq for the info
I can’t release or spread the strategy here
Book a slot and print the hell out of xrp while it’s still working
No payment required
No Depositing to anywhere
Get into it and enjoy while it last
100% legit and working ✅
Happy weekend Fam💯❤️
#Xtz
Formed & Breaking Descending Channel In 3 Days Timeframe Incase Of Successful Breakout Expecting Move Towards 3$ In Next Weeks✍️
Formed & Breaking Descending Channel In 3 Days Timeframe Incase Of Successful Breakout Expecting Move Towards 3$ In Next Weeks✍️
#Data
Formed Falling Wedge & Testing Trend line Resistance Incase Of Breakout Expecting 200%+ Bullish Rally
Formed Falling Wedge & Testing Trend line Resistance Incase Of Breakout Expecting 200%+ Bullish Rally
Next Signal Today 10th October
Time: 8:00 PM UTC (convert to your country time)
Exchange: Dexview.com
Pancakeswap.finance
Dextool.io
Poocoin.app
Signal coming From the almighty @shitcoinbeast
Wallet: Trustwallet
#Bep20 #BSC
Time: 8:00 PM UTC (convert to your country time)
Exchange: Dexview.com
Pancakeswap.finance
Dextool.io
Poocoin.app
Signal coming From the almighty @shitcoinbeast
Wallet: Trustwallet
#Bep20 #BSC
Spot/future 🚀📈
Long /buy
Lev 2x to 20x
Bnb/usdt
Entry 206 to 207
TP 216 to 218
Sl 200
Long /buy
Lev 2x to 20x
Bnb/usdt
Entry 206 to 207
TP 216 to 218
Sl 200
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Crypto Update
Binance Will List Neutron (NTRN) with Seed Tag Applied Stay Active ✅
Listed 2hrs ago
Always stay active Fam
A lot of money on the space to grab if you take every necessary positive steps fast .
Holding till tomorrow
Already made 100%+
Always stay active Fam
A lot of money on the space to grab if you take every necessary positive steps fast .
Holding till tomorrow
Already made 100%+
Printing hardly everyday from the Xrp strategy from @xrplhq
Contact him for info and strategy.
Don’t be left out
Contact him for info and strategy.
Don’t be left out
Get Your Trustwallet Ready
Will be dropping the coin call in the next 30mins
Will be dropping the coin call in the next 30mins
Shitcoin Signal
Buy Storm/bnb
Target Area:
Stop loss:
Exchange: Dexview.com
Pancakeswap.finance
Dextool.io
Poocoin.app
Network: bep20
Contract address: 0x96657F3a7f468C7742604F00921cdb6168a5cc81
#NFA
Goodluck#
Buy Storm/bnb
Target Area:
Stop loss:
Exchange: Dexview.com
Pancakeswap.finance
Dextool.io
Poocoin.app
Network: bep20
Contract address: 0x96657F3a7f468C7742604F00921cdb6168a5cc81
#NFA
Goodluck#