**Ripple Challenges SEC Ruling in Appeals Court**
Ripple Labs is taking its battle with the US Securities and Exchange Commission (SEC) to the United States Court of Appeals for the Second Circuit. The company filed Form C to contest a recent district court decision that slapped Ripple with a $125 million fine for institutional XRP sales, labeling them as securities transactions.
Ripple’s chief legal officer, Stuart Alderoty, announced the filing on Oct. 25, emphasizing that the SEC cannot introduce new evidence or demand further disclosures from Ripple. The appeal questions the district court's application of the Howey test, a key legal standard for identifying investment contracts.
Ripple seeks a de novo review, allowing the appeals court to reassess the district court’s legal interpretations from scratch. Alderoty remains optimistic, dismissing the SEC’s tactics as mere "background noise."
This move follows the SEC's own Oct. 16 appeal, which did not challenge the ruling that XRP isn’t a security for programmatic sales on digital exchanges but focused on institutional sales. Judge Analisa Torres had previously ruled partially in favor of Ripple in July 2023.
📊LINK/USDT Chart Analysis and prediction 🧐
Price Movement
The LINK/USDT pair is currently priced at $11.81, showing a 4.61% increase. The pair has seen a 24-hour high of $12.10 and a low of $11.22, indicating short-term bullish strength. The price is trending upwards but is close to the upper Bollinger Band, suggesting a potential pullback or consolidation.
Bollinger Bands Analysis 📊
The Bollinger Bands (20, 2) show that the price has reached near the upper band at $12.26, while the middle band sits at $11.65. This suggests that the price may face resistance around the $12.26 level, and if it fails to break through, a retracement toward $11.65 is possible.
Moving Averages (MA) 📈
• MA(5): 390,415 LINK (bullish momentum).
• MA(10): 373,780 LINK.
The short-term moving averages are in a bullish formation, supporting the upward trend. However, volume needs to increase for the price to sustain this upward move.
RSI Analysis 🔍
• RSI(6): 63.56 shows the pair is entering the overbought territory.
• RSI(12): 57.24 and RSI(24): 54.81 indicate moderate bullish momentum, but caution is advised as the pair could correct soon.
MACD Analysis 🧠
The MACD (12, 26, 9) shows positive momentum with a slight bullish crossover. The DIF is currently above the DEA, supporting the potential for further price increases, but a consolidation could occur before another leg higher.
Price Prediction for LINK/USDT 🔮
Given the bullish indicators but also considering a possible pullback, I predict that LINK/USDT may rise to $13.00 within the next few days. However, if a correction occurs, the price could retrace to around $11.00 before resuming its upward trend.
$LINK
{spot}(LINKUSDT)
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🚨🔥 $TON AT A CRITICAL STAGE – GET READY FOR BIG MOVES! 🔥🚨
$TON has been showing consolidation and volatility around key levels, and now it's gearing up for a breakout. Whether you're riding the bulls or bears, this moment is crucial for the next big market move.
Current Price: $5.111 USDT
💡 KEY Levels to Watch NOW: 💡
🚧 Key Resistance: $5.180 USDT – A breakout above this level will signal strong buying interest, potentially driving the price upward toward $5.250 USDT. Watch closely for a push through resistance!
📉 Support Level: $5.062 USDT – If TON breaks below this support, more selling pressure could come in, dragging the price down toward $5.000 USDT. This is a critical level to maintain stability.
📉 MAKE OR BREAK – WHAT'S NEXT? 🔮
⚠️ Bearish Breakdown Risk:
If TON/USDT falls below $5.062 USDT, sellers might take over, pushing the price lower as bearish momentum builds. This could lead to a deeper pullback.
🚀 Bullish Breakout Watch:
A break above $5.180 USDT could trigger a bullish rally, sending TON higher as buyers rush in to capitalize on the momentum.
Don’t blink – the market is setting up for a major move! Stay sharp!
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{spot}(TONUSDT)
📉 $XRP Faces Possible ‘Death Cross’
XRP might soon experience a "death cross," a bearish signal where short-term and long-term moving averages cross, often predicting further price drops. Currently, XRP’s support at $0.50 is weak, raising concerns about a decline to $0.45 or even $0.42 if downward pressure continues. Investor interest at these levels may help stabilize it, but if the death cross forms, XRP’s bearish outlook could intensify.
Do you think $XRP will hold above support?
#newsaboutxrp #Xrp🔥🔥
Source: U.Today, Arman Shirinyan.
🔥Solana's native token, $SOL, jumped 14.13% over the past month, fueled by a surge in memecoin hype.
🐐Memecoins like Goatseus Maximus ($GOAT) skyrocketed to a $666M market cap, driven by rumours of an AI bot launch. Spoiler: the bot basically promoted the GOAT token!
📊Other Solana memecoins like SPX6900 ($SPX) and Apu Apustaja ($APU) posted massive gains in October, with increases of 1840% and 259% respectively.
👀As memecoins pump, Solana's network sees higher activity, boosting fees and Total Value Locked (TVL).
Solana looks like the network to be looking at right now! 🔥
🚨 $PIXEL /USDT ON THE VERGE OF BREAKOUT 🚨 Traders, PIXEL has surged +5.93%, now trading at $0.1751 USDT after bouncing off a low of $0.1649 USDT, signaling strong bullish momentum. The price has just tested key resistance at $0.1755 USDT, and if a breakout occurs, this could ignite a sharp rally toward higher targets. Watch closely—if the price holds above $0.1721 USDT, there’s potential for more upside action. However, if a rejection happens here, we could see a pullback toward support at $0.1683 USDT. Now is the time to position for profits.
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📢 Seraph And Friends in Dubai AMA!
Join us tonight at 8 P.M. (UTC+8) for an exciting Space where we’ll introduce the stellar lineup for our Dubai side event, featuring
@Balance_Fun , @DeepLinkGlobal , @HelloBlockus , @DeBox_Social , and @Gamerboom_ .
🔗:https://t.co/ZjX4HOi9cn
We’ll chat about building vibrant online and offline communities and share tips on making Web3 events that truly bring people together—both virtually and in person! 🎙🌐
🚨🔥 $OG GEARING UP FOR A MAJOR MOVE – KEEP YOUR EYES ON THIS ONE! 🔥🚨
$OG has been experiencing some sharp fluctuations, and now it's holding around a critical level. A powerful breakout or further drop could happen soon – make sure you're ready to act fast!
Current Price: $6.741 USDT
💡 CRITICAL Levels to Watch NOW: 💡
🚧 Key Resistance: $7.485 USDT – If OG can break above this resistance level, expect a significant surge as bulls jump back into the market. Watch for potential buyers driving prices higher.
📉 Support Level: $6.511 USDT – If the price dips below this support, it could open the door for more selling pressure, pulling OG toward the $6.30 range. This is a key level to prevent further downside.
📉 DO OR DIE – THE NEXT MOVE! 🔮
⚠️ Bearish Breakdown Alert:
If OG/USDT falls below $6.511 USDT, brace for a potential bearish wave. Sellers might pile in, pushing prices lower.
🚀 Bullish Breakout Watch:
A break above $7.485 USDT will trigger a bullish rally, potentially driving the price toward $7.70 and higher as buying momentum picks up.
Stay alert – a big shift could be on the horizon!
#Therapydogcoin #USJoblessClaimsDip #Write2Earn! #ScrollOnBinance #APTSurpassesSUI
{spot}(OGUSDT)
$ARPA Huge pump again ... Good momentum Gainer..
$ARPA /USDT is experiencing an explosive breakout 🚀
🚨 The price has surged +13.57%, hitting $0.05097 USDT on strong upward momentum after consolidating near the $0.04450 support level. Traders, take note—ARPA just broke key resistance at $0.04889 USDT, propelling the market into a potential new uptrend. If the price sustains above this level, expect further gains towards the next resistance around $0.05125 USDT. However, if the price dips back below, caution is advised, as it may retest support levels. This is the perfect moment to seize a profitable trade.
#ARPAARMY #EthereumPectraUpgrade #BTC67KRebound #ScrollOnBinance