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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