🚨For
#CryptoNewss → A federal judge has OFFICIALLY ruled that “XRP IS NOT A SECURITY!!! Marking a BIG Victory for the Crypto Community!!!🚀
🤓Here`s what you need to know:
→ In a key decision for the crypto world, the judge sided with Ripple Labs, stating that XRP is not considered a security in secondary market transactions. This ruling is part of an ongoing lawsuit from the Securities and Exchange Commission (SEC), which accused Ripple of selling
#XRP without proper registration.✅
→ This decision could have major effects on the cryptocurrency sector and may influence how future tokens are classified.📈🚀💥
→ The court found that while Ripple's direct sales were unregistered securities offerings, the sales made through exchanges were different.✅
→ The judge pointed out that most people who bought XRP from exchanges did not invest directly in Ripple. These buyers, making up less than 1% of XRP's global trading volume, had no way of knowing if their money went to Ripple or another seller.✅
→ The court concluded that Ripple's exchange sales did not qualify as investment contracts.✅
→ This ruling is a major milestone after a lengthy three-year legal struggle between Ripple and the SEC. It not only clarifies XRP 's status but could also impact the rules governing digital assets.✅
→ The judge confirmed that XRP itself is not a security, stating that it does not meet the criteria of an investment contract. Instead, the court focused on the sales and distribution methods of XRP.🙏👍
🧐 Is This Ruling the End of the Road for the
#XRPArmy ?
→ While this ruling marks a notable win for Ripple, it’s crucial to understand that the legal saga may not be concluded just yet. The SEC retains the right to challenge the court’s decision. Given the significant implications for future regulatory matters, it’s highly probable that the SEC will contemplate an appeal.🙏👍
→ Should an appeal occur, the case could ascend to the 2nd Circuit Appellate Court for additional scrutiny and a conclusive verdict. The appellate court would reassess the arguments and evidence from both sides, which could result in a different conclusion or further elucidation of the legal frameworks governing digital assets.😱
→ If the SEC decides to pursue an appeal, this legal confrontation could extend for several years. Moreover, if various Circuit courts reach conflicting conclusions regarding the classification of cryptocurrency as securities, the case could eventually be taken to the Supreme Court of the United States.😱
📊Impact on the Crypto Market!
→ The court’s decision concerning the
#Xrp🔥🔥 token and its programmatic sales on crypto exchanges is a positive development for many within the industry.✅
→ Recently, the SEC has targeted several exchanges, including Coinbase and Binance, partly for allegedly selling securities without appropriate registration. This ruling could weaken some of the SEC’s positions in those ongoing cases.✅
📊Price
#XRPPredictions for the upcoming week:
In a Bullish Scenario, should
$XRP manage to surpass the $2.80 resistance level, it could surge towards $3.00 and potentially reach $3.40 if the upward momentum continues. Dark Defender also backs the forecast of a new all-time high of $5 on the horizon.📈🚀💥
Conversely, in a Consolidation Scenario, if
$XRP finds it difficult to break through the $2.80 mark, it might remain stuck in the $2.60 to $2.80 range, biding its time for a fresh catalyst. This scenario could occur if there's a rise in profit-taking or if the overall market sentiment begins to wane.📊✅
In a Bearish Scenario, a drop below $2.50 might push XRP to explore lower support levels around $2.40 or potentially $2.00. Nevertheless, this scenario appears unlikely considering the current positive indicators.📉🧐
→ Let’s stay tuned to see if XRP can keep its bullish energy going or if it will take a step back this weekend!👍
📊Trading advice: If you're thinking about making a purchase for a short-term or a long-term trade, it's wise to keep a close eye on the market. Pay attention to the 1h and 15m charts, along with the 24h volume, MACD, and RSI. Observing these indicators for a period of 1-4 hours for short-term trading and to 2-3 days for long-term trading can help you lock in a better price.👍
🚨Attention: Please keep in mind that cryptocurrency investments and trades always come with risks, and market conditions can change quickly! If you enjoyed the article/post, it is greatly appreciated if you would share your thoughts in the COMMENTS, give it a LIKE and please FOLLOW for more insights, research, analysis, and trends related to cryptocurrencies. Wishing you all lots of success for the CryptoTrends2025 !🙏👍
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