Ripple (XRP) may face a dip to $0.20 as its ongoing legal battle with the SEC adds uncertainty. It has also kept the XRP price in a narrow range and exerted downward pressure.
Meanwhile, RCO Finance (RCOF) is gaining investor interest with its AI-powered investment platform and strong presale performance, which has raised over $4 million so far. RCOF could offer 100x ROI after listing in CEXs. Let’s dig deeper.
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The XRP Price Faces Continued Downtrend Amid SEC Appeal
Ripple has faced ongoing volatility due to its legal battle with the SEC. XRP had initially claimed a partial victory with the court’s ruling. Yet, the SEC’s recent appeal has rekindled uncertainties. The legal struggle has led the XRP price into a narrow price band of $0.50 to $0.60.
It struggled to regain previous highs and was trading around $0.52 in late October. Since the start of October, the XRP price has been in a continuous downtrend and decreased nearly 16% in the past month.
The SEC has requested a 90-day extension and tried to delay the hearing until January 2025. Analysts are predicting a possible low of $0.20 for the XRP price shortly. Yet, they believe this could be the final dip before a recovery if the SEC dispute is resolved.
The XRP price is below the 50-day and 200-day EMAs, which signals downward pressure. However, analysts suggest that if XRP breaks above $0.53, it may test higher resistance levels at $0.57.
RCO Finance Democratizes High-Level Investing with AI and ML
Amid legal lawsuits between Ripple and SEC, RCO finance has captured market attention with its amazing AI DeFi solution. RCO Finance aims to democratize everyone’s access to advanced investment strategies.
Before the emergence of RCO Finance, these strategies were only accessible by institutional and high-net-worth individuals. Now, everyone can invest directly via RCO Finance without brokers and heavy fees.
RCO Finance uses AI and ML to power its platform. Thus, it provides a fully automated, no-code platform to users. You don’t need to have financial knowledge to invest in it. Its AI robo advisor creates the best investment strategy for you.
The robo advisor can access world-class data from Reuters and Bloomberg in real-time. It processes the data and adjusts your portfolio based on its insights, which are based on your preferences and real-time market data.
In addition, RCO Finance is the first choice of every investor, as you don’t have to switch between multiple platforms to invest in different assets. It has over 120,000 assets, including stocks, bonds, ETFs, RWAs, etc., on a single platform.
You can choose the assets from the available options and create a diverse portfolio according to your plan and needs. Moreover, RCO Finance has a KYC-free policy, which means anyone can join its platform from anywhere without ID verification and start investing.
RCOF Presale Raises $4.32M with 1,000% Growth Potential Before Launch
RCO Finance has already raised over $4.32 million in its token presale till stage 3. RCOF is available at $0.055 at stage 3 and it is expected to rise by 40% and reach $0.077 in stage 4.
Stage 1 investors have already made over 337%, and experts expect its price to rise over 1,000% before the launch. When it gets listed in top exchanges, experts are convinced that RCOF will yield at least 100x ROI to investors.
RCOF token holders benefit from governance rights and exclusive access to private ETF funds and advanced AI tools, which are all reserved for the RCO Finance community. Analysts believe RCOF will become more useful in the near future, and its demand will rise.
SolidProof also audits its smart contracts and has no vulnerabilities. Thus, it is considered as one of the safest investment platforms. Buy RCOF now for a massive rally shortly!
For more information about the RCO Finance Presale:
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