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MainNewsBarring SEC ...

Barring SEC Uncertainty, RSI Indicator Signals an Imminent Rebound For XRP


by Ikemefula Aruogu
for CoinEdition
XRP Ready to Rally: Spots Bullish Signal - But SEC Still a Drag
  • Matrixport analysis firm has spotted a crucial signal for XRP.
  • XRP’s RSI signals an imminent rebound for the cryptocurrency.
  • The expected XRP rebound would depend on the outcome of Ripple’s case Vs the SEC.

Asia-based digital assets analysis platform Matrixport has spotted a key signal for XRP. The platform highlighted a potential breakthrough for the altcoin, with the relative strength index (RSI) signaling a rebound. However, Matrixport noted that the SEC’s regulatory uncertainty remains a concern to the future of XRP.

Related: Whales Accumulate 60 Million XRP In What Might Be A Positive Signal

The crypto community started paying close attention to XRP after Ripple’s partial victory in court back in 2023. Following the ruling, Ripple and the SEC engaged in more exchanges in a continued court process. Even though there were no major final court rulings throughout 2024, related events slanted at R…

The post Barring SEC Uncertainty, RSI Indicator Signals an Imminent Rebound For XRP appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Ripple’s Monica Long on XRP Utility & Why Regulatory Clarity Precedes IPO

Ripple’s Monica Long on XRP Utility & Why Regulatory Clarity Precedes IPO

Ripple Labs is expanding its US operations as the regulatory climate appears to warm ...
CME XRP Futures Launch May 19: Micro & Standard Contracts Offered

CME XRP Futures Launch May 19: Micro & Standard Contracts Offered

CME Group’s move to launch XRP futures, set for May 19th pending final regulatory app...
MainNewsBarring SEC ...

Barring SEC Uncertainty, RSI Indicator Signals an Imminent Rebound For XRP


by Ikemefula Aruogu
for CoinEdition
XRP Ready to Rally: Spots Bullish Signal - But SEC Still a Drag
  • Matrixport analysis firm has spotted a crucial signal for XRP.
  • XRP’s RSI signals an imminent rebound for the cryptocurrency.
  • The expected XRP rebound would depend on the outcome of Ripple’s case Vs the SEC.

Asia-based digital assets analysis platform Matrixport has spotted a key signal for XRP. The platform highlighted a potential breakthrough for the altcoin, with the relative strength index (RSI) signaling a rebound. However, Matrixport noted that the SEC’s regulatory uncertainty remains a concern to the future of XRP.

Related: Whales Accumulate 60 Million XRP In What Might Be A Positive Signal

The crypto community started paying close attention to XRP after Ripple’s partial victory in court back in 2023. Following the ruling, Ripple and the SEC engaged in more exchanges in a continued court process. Even though there were no major final court rulings throughout 2024, related events slanted at R…

The post Barring SEC Uncertainty, RSI Indicator Signals an Imminent Rebound For XRP appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Ripple’s Monica Long on XRP Utility & Why Regulatory Clarity Precedes IPO

Ripple’s Monica Long on XRP Utility & Why Regulatory Clarity Precedes IPO

Ripple Labs is expanding its US operations as the regulatory climate appears to warm ...
CME XRP Futures Launch May 19: Micro & Standard Contracts Offered

CME XRP Futures Launch May 19: Micro & Standard Contracts Offered

CME Group’s move to launch XRP futures, set for May 19th pending final regulatory app...