Latest Developments In Ripple Prices
XRP was on the rise after the pre-hearing of the case between Ripple and SEC. So what’s the latest developments in Ripple prices?
XRP prices have gained an upward momentum after the pre-hearing of the lawsuit between Ripple and SEC was seen recently. According to the information obtained from the trial, this rise in cryptocurrency came with the good defense made by Ripple lawyers. XRP, which reached above the $ 0.60 that day, is trading at $ 0.50 today.
XRP: XRP / USDT
The Symmetrical Triangle structure that was followed in the medium term was distorted and turned into a Descent Triangle formation. The daily Oblique support level and the Strong Resistance-Support zone coincide with the same levels and operate that zone as Strong Support. In the short term, the uptrend will continue, although the candle does not close below 0.34725 in the medium term, which tries to gain value with the support it receives from the Strong Support zone. If the descending Triangle formation breaks upwards and closes the candle on it, 0.85255 and 1.06957 levels should be set as targets.