XRP Holds Tight Range as SEC ETF Decision Deadline Nears

Share

Ripple’s XRP (XRP) was trading in a tight $1.44–$1.45 range on Saturday UTC, as traders zeroed in on a looming U.S. Securities and Exchange Commission (SEC) deadline that could determine whether the token becomes one of the next major crypto assets to gain spot exchange-traded fund access. The price action has been coiling inside an ‘ascending triangle’—a chart pattern typically associated with building upside pressure—placing the $1.50–$1.60 zone as the immediate ceiling and $1.39–$1.42 as the key support band watched by short-term market participants.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles