#XRPGoal : XRP: The Crypto Everybody's Talking About!
XRP has been in the headlines now for the last three days- be it price movements, be it market news, and be it regulatory updates; the noises are just unstoppable.
So, what's happening?
1️⃣ Market Activity:
1. Price Overview:
* Current price: 2.1667 USDT
* 24H High: 2.1760 USDT
* 24H Low: 1.8475 USDT
2. Price Change:
* In the last 24 hours, the price appreciated by 14.69% (≈ $2.16).
3. Volume:
* 24H Volume XRP: 888.15M XRP
* 24H Volume (USDT): 1.73B USDT
4. Moving Averages:
* MA(7): 1.6777 USDT
* MA(25): 1.1518 USDT
* MA(99): 0.7033 USDT
5. Trends in Performance
* Last 7 Days: Up by 46.17%
* Last 30 Days: Up by 324.18%
* Last 90 Days: Up by 297.63%
* Annual Performance: Up 254.15%
6. Technical Indicators:
* Strong upward move supported by a sharp rise in volume and price momentum.
2️⃣ Regulatory Front: Updates on XRP and SEC
Current Status of the SEC vs. Ripple Case:
Both parties in the lawsuit, the SEC and Ripple, are appealing aspects of the trial court's decision. The SEC is challenging a court decision that XRP sales on exchanges do not constitute securities, whereas Ripple is appealing a court classification of XRP sold to institutional investors as securities. Next big date: January 15, 2025-This is when the SEC will be filing its appeal brief 】【18】【19】.
2. Possible Settlement, or Policy Changes:
Some legal commentators have suggested a settlement may be reached in which Ripple pays $125 million to settle the case. There's also speculation that the new administration within the SEC under a supposedly crypto-friendly administration could change tack in favor of Ripple, with some speculating it could even be dismissed .
3. Global Implications:
The outcome of this case will be influential, as clarity over XRP could be used as a reference in the greater cryptocurrency market on a global level. Ripple has continued to advocate for clearer frameworks on digital assets.
3️⃣ Community Impact: The XRP Army is being the loudest ever; speculation is through the roof!
Your Turn:
What do you think? Is this a beginning of something more for XRP, or just one spike in a highly volatile market? Let's hear your predictions below! #XRP
XRP has been in the headlines now for the last three days- be it price movements, be it market news, and be it regulatory updates; the noises are just unstoppable.
So, what's happening? 1️⃣ Market Activity:
1. Price Overview:
* Current price: 2.1667 USDT
* 24H High: 2.1760 USDT
* 24H Low: 1.8475 USDT
2. Price Change:
* In the last 24 hours, the price appreciated by 14.69% (≈ $2.16).
3. Volume:
* 24H Volume XRP: 888.15M XRP
* 24H Volume (USDT): 1.73B USDT
4. Moving Averages:
* MA(7): 1.6777 USDT
* MA(25): 1.1518 USDT
* MA(99): 0.7033 USDT
5. Trends in Performance
* Last 7 Days: Up by 46.17%
* Last 30 Days: Up by 324.18%
* Last 90 Days: Up by 297.63%
* Annual Performance: Up 254.15%
6. Technical Indicators:
* Strong upward move supported by a sharp rise in volume and price momentum.
2️⃣ Regulatory Front: Updates on XRP and SEC
Current Status of the SEC vs. Ripple Case: Both parties in the lawsuit, the SEC and Ripple, are appealing aspects of the trial court's decision. The SEC is challenging a court decision that XRP sales on exchanges do not constitute securities, whereas Ripple is appealing a court classification of XRP sold to institutional investors as securities. Next big date: January 15, 2025-This is when the SEC will be filing its appeal brief 】【18】【19】.
2. Possible Settlement, or Policy Changes: Some legal commentators have suggested a settlement may be reached in which Ripple pays $125 million to settle the case. There's also speculation that the new administration within the SEC under a supposedly crypto-friendly administration could change tack in favor of Ripple, with some speculating it could even be dismissed .
3. Global Implications: The outcome of this case will be influential, as clarity over XRP could be used as a reference in the greater cryptocurrency market on a global level. Ripple has continued to advocate for clearer frameworks on digital assets.
3️⃣ Community Impact: The XRP Army is being the loudest ever; speculation is through the roof!
