3 min readRIPPLE (XRP/USD):
After the announcement that the current SEC Chairman will step down in early January 2025, we have observed significant momentum in several Altcoin’s previously embroiled in “SEC” disputes over their legitimacy. XRP is among the notable Altcoin’s listed.
Since the announcement, Altcoin’s like Ripple have surged to remarkable new highs in a short period. XRP is currently trading above $1.40 and shows no signs of slowing down. However, the RSI indicator suggests the price is “overbought” in the short term as it approaches a resistance level around $1.60.
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The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money.
The Company does not accept clients from the Restricted Jurisdictions as indicated in our website/ T&C. Some services or products may not be available in your jurisdiction.
The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.
