❗️The president of South Korea announced the introduction of martial law, — Yonhap News.
The country's president Yoon Seok-il held an emergency meeting at night, after which he announced the threat of government paralysis due to attempts to conduct impeachment proceedings against him. The introduction of martial law is most likely connected with this.
Support and Resistance Levels: It is important for XRP to hold above 2.50. If the price breaks through 2.60-2.70, this may be a signal for further growth.
Trading Volumes: If there are more purchases, this may indicate an increase in interest in the coin, which will have a positive effect on its price.
Current Risks: Volatility: XRP, like other cryptocurrencies, can fluctuate greatly in price.
Regulatory Issues: Legal proceedings, in particular with the SEC, can have a strong impact on the price.
Forecast:
Short-Term: If XRP stays above 2.50, growth to 2.70 or even higher is possible.
Long-Term: If Ripple continues to develop, the coin has the potential to grow, but much depends on the market situation and regulatory news.$XRP
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