XRP News: Crypto SEC transformations – what XRP means

• Binance Case: SEC and Binance made a joint proposal on February 10, to request Residence for 60 days, citing the impact of the potential encryption squad on the decision.
• Coinbase case: Supreme Education Council required Extension for 28 days to respond to Coinbase (currency) Announcement of an ocean. SEC also referred to the encryption and solution.

The court files have fueled this optimism that SEC may withdraw its appeal in the Ripple case. However, SEC can wait for Paul Atkins confirmation in front of any lawsuit. You must provide ripples Response summary related to appeal By April 16. The deadline can come after Atkins confirmation, which allowed the Uyeda and Commission PeIRCE conference to give priority to other encryption enforcement cases first.

XRP price trends: It intends to collapse on Spot-etef and Appeal morale

Pricing forecasts in the near term depend on the Strategy of Appeal of the Supreme Education Council in the Ripple case and XRP-SPOT ETF approvals.

• If the agency withdraws its appeal, XRP may exceed its highest level at $ 3.5505 to target $ 4.
• ETFS XRP-SPOT withdrawal and approval can increase the bullish direction.
• On the contrary, if the Supreme Education Council continues with its appeal, XRP can decline about $ 1.50.

XRP work rates

Daily chart

After the winning chain for four days, XRP sits over the average of the 60 -day and 200 days (average and 200 days (Ema), Sending up bi -up signals.

If XRP returns to $ 3, Bulls may target the highest level on January 16 at $ 3.3999. The outbreak of $ 3,399 can indicate a move towards the highest level ever at $ 3.550.

On the contrary, a decrease less than 50 days and $ 2.5 can indicate a decrease towards the support level of $ 1.929 and the lowest level on February 3 at $ 1.7024.

By reading the 14 -day relative index (RSI) of 55.68, XRP can collapse above January 2025 at $ 3,3999 before entering