The Cloud of legal wrangling took another turn when Mary Jo White, former SEC Chair said that the SEC is “Totally Wrong” in charge XRP Ripple.
I’m Buying the dips at the moment but a break out of those highs could be driven by a surprise decision by the SEC not to proceed or to come to an out-of-court settlement.
The technicals show that we are in a waiting period but traders are becoming impatient. Although there is a buyer/seller fight going on the buyers are winning as you can see from the chart. Sellers only maintaining a bullish triangle wedge.
Which says one thing.
Eventually, this will break up. The loss of some exchanges allowing trade in XRP Ripple is already built into the price. This means that the driver for a break out (SEC giving up) could be the extra volume provided by exchanges starting to trade the currency.
NOW is the time to buy those dips folks, trust me, HODL this one. I was right about buying GME at the bottom and my gut feeling is that we are in for a nice rally.
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