Experts’ opinion: bullish #XRP (from Coinsradar.net)
While ETH and BTC are falling, Ripple is stable.
Market sentiment: Traders’ confidence in XRP has increased due to rumors of a positive resolution of Ripple’s legal issues with the SEC.
CEO statement: Ripple’s CEO expressed optimism, saying that a legal resolution with the SEC is expected to be reached “soon”.
Trading volume: XRP’s trading volume is rising.
Price action: Prices have reached local highs, and large investors are accumulating XRP.
Resistance: 0.6378, 0.7440
Support: 0.5712, 0.5100
Resistance breakout: The 0.6378 - 0.5712 range should be watched. If XRP fails to break through the 0.6378 resistance, the price may test liquidity below the support level before growing.
Legal settlement: A positive resolution of the trial could significantly boost XRP, giving it a “second life”.
New Path: Breaking through the resistance of 0.6378 will open a new growth path for XRP, which may bring further gains. #内容挖矿
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