After making a strong exit after the summary decision in the court, he made a statement as “wrong decision”. SEC, Ripple ( XRP) can cause changes in price?
Securities and Exchange Commission ( SEC ), shook the Ripple front, saying that the judge made erroneous decisions. However, the SEC has signaled that it will appeal the decision. Ripple tensions, which have been heated again by the SEC, directly XRP reflected in the price. Which price points are critical for XRP, which has lost more than 10 percent in the last two days?
Regions to watch in Ripple (XRP)
XRP, which started to lose strength after reaching $ 0.855, has not been able to break the falling trend yet. The major coin, which continues to lose value with the complex developments reflected in the SEC case, is currently trading at $ 0,772. Developments from the lawsuit in favor of Ripple or BTC’s upward pricing could add value to XRP. The resistance levels for XRP are $0.789 – $0.80 – 0.819 – $0.843 and $0.855, respectively.
SEC The risks in XRP are not over, considering that the case is also getting mixed up. In this period, the support zones to be followed on behalf of XRP are 0.77 – 0.75 – 0.723 and 0.701 dollars, respectively. In particular, one of the most important ranges to be considered is $ 0.731 – $ 0.723. The buyer-seller battle in this region could create greater volatility.
