#Possibility of XRP Reaching $1 ⁉️
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- Price Levels:
$1 is arbitrary; more important levels are $0.70-$0.72, $0.75, and $0.90.
- Technical Analysis:
Currently very bullish with high momentum and a significant breakout on the daily time frame. A daily close above the current price would confirm the bullish trend.
- SEC Case Impact:
The SEC case against Ripple is nearing its end, possibly with a settlement and a fine. The outcome may not impact the price much short term but could lead to a more sustained bullish market long term. Removing uncertainty could help Ripple improve market making and responsiveness.
- Long-term Outlook:
Bullish long term, depending on the reaction after the case is settled and during the next bullish market phase. Higher levels are possible, but specific prices are uncertain.
- Conclusion:
Short-term bullish momentum is expected, dependent on the next few days' price action. Updates will be provided, and questions are welcome in the comments.
