expected by Ripple SEC and Ripple (XRP) by sec in the process of his case
As a result of the objection, the litigation process was extended by going to an additional time. In addition, after the case
In the latest development, Ripple money transfer company Al Fardan Exchange has announced a new partnership announcement.
When we evaluate it technically in the light of the latest developments; With the withdrawals on the BTC side, there was a decrease in altcoins, as well as a pullback of about 26% in the XRP coin. Along with this, as a reaction to the decline and this positive partnership news reflected on the price, we observed that it collected its buyers from the support zone in the daily time frame and its positive effects on the price.
If it does not close below the support level on the daily timeframe, the resistance levels in the $0.71 and $0.80 band gap can be followed. In the event that the major support is broken, that is, in possible retracements, the support levels that can be followed are $ 0.46 and $ 0.37.
will have levels.
The decision in the litigation process, which was postponed to February 17, may change the uncertain process on the XRP side and its effect on the price.