The expectations of Ripple-XRP prices after his company put an end to his judicial dispute with the Committee of Securities and Exchanges (SEC) and his increase of 4.4% in one day, reaches $ 3.50?

Ripple officially announced its withdrawal from its appeal in the long -term trial with the American Committee on Securities and Exchanges (SEC) marking a decisive end of one of the most famous organizational conflicts in the world of Cripto; It is expected that the committee in turn fell back, which means that the judgments of judge Analisa Torres in 2023 remained a list without beads.

In his final decision, Judge Torres confirmed that Rippal Rippaux sales (undulation) of the institutions violated the laws of titles, but at the same time, she recognized that sales via trading platforms do not come under this classification. “We fold this page forever.” Legal experts – including Bill Morgan – considered this moment as a victory for solid logic and the entire digital currency market.

Despite the company and the committee agreement to reduce the fine of $ 125 million to $ 50 million and increase the permanent ban, the judge rejected these modifications. The two parties omitting the call, the fine of $ 125 million remains valid, the company definitively preventing the sale of XRP currency to institutions without registration.

The most important legal results:

• XRP was not classified as titles when sold via trading platforms.
• Institutional sales are always under constraints.
• Civil fine of $ 125 million.
• Ripple can now focus on growth and partnerships.

Market reaction to fold the legal file

The end of the conflict helped to improve the atmosphere of the XRP community, while merchants pushed its price to increase by 4.4% in the last 24 hours to reach $ 2.19. The Chief Legal Advisor of the Alderoty Stuart (Stuart Alderoty) confirmed that the XRP classification is still constant, which supports its functional use in institutional financing and international financial transfers.

This legal clarity represents an opportunity for Ripple to expand the scope of strategic uses of the XRP, in particular in the fields of digital financing and institutional payments. Analysts believe that this decination can restore the attention of institutions, in particular in the light of continuous talks on immediate negotiation funds for XRP on the stock market (XRP Spot ETF).

The technical indicators alluded to a possible start of price for the Ripple part (Ripple)

The graphic diagram appears as part of the 4 hours of similar triangle style, because the price is firm under central resistance at $ 2.21. The formation of a series of downs up $ 1.99 led to the formation of an increased support line, while the top of the triangle continues to limit attempts of height.

The “golden intersection”, which is placed between the average movement average of if of 50 days and its measurement counterpart, takes care of 200 days, while the change in the color of the MacD index table refers to the green – associated with its intersection on the signal line – at the beginning of an explanatory moment. On the other hand, the appearance of the Marubozu candle rises when it resists a real test by buyers of the display levels.

Suggested trading strategy:

• Entrance: Buy above the level of $ 2,215 if the penetration is confirmed
• The first objective: $ 2.288
• The second goal: $ 2.338
• Loss of stop: In $ 2,139 (intermediate convergence area with steering line support)

If the resistance proves its strength, the decline can constitute about $ 2.14 the second chance of entering with a calculated risk. If penetration is confirmed, the movement is likely to accelerate towards the psychological barrier at $ 2.50, with the possibility of targeting $ 3.50 if the ascent extends.

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Does the Ripple-XRP Prize post after his company put an end to his judicial dispute with the securities and exchanges committee (sec) and his increase of 4.4% in one day, does it reach $ 3.50? APPLERDIRST on Arab Cryptonews.