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XRP Price Prediction: Will XRP Hold $1 After the SEC Cancelled Its Crypto Meeting?


XRP Price Prediction: Will XRP Hold $1 After the SEC Cancelled Its Crypto Meeting?

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  • XRP trades at $1.0036 on August 14, down 0.49%, pressing the Bollinger Band lower boundary at $0.9884 with RSI at 35.63
  • The SEC delayed its innovation exemption for tokenized securities and abruptly cancelled its Reg Crypto open meeting on the same day
  • XRP ETF inflows have stayed positive every week since July 10 though weekly magnitude has dropped from $14.86M to $1.01M before this week’s partial $2.25M

The XRP price prediction is holding by a thread, with XRP trading at $1.0036 and pressing the Bollinger Band lower boundary at $0.9884 as three separate regulatory setbacks land in the same week. 

XRP Price Analysis: Bollinger Band Lower Boundary Is the Last Line

XRP Price Action (Source: TradingView)

The daily chart shows XRP pressing directly onto the Bollinger Band lower boundary at $0.9884, with today’s session opening at $1.0085, briefly touching $1.0133…

Read The Full Article XRP Price Prediction: Will XRP Hold $1 After the SEC Cancelled Its Crypto Meeting? On Coin Edition.

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