$XRP Winter #HeadAndShoulders

2024年12月15日

With all the great news on the table - the RLUSD, its wide acception and upcoming XRP #ETF, the #Ripple stands under heavy selling pressure due to SEC’s decision to #appeal the Ripple case ruling, impacting demand and market sentiment.

SEC Commissioner Caroline Crenshaw’s reappointment vote is set for Wednesday, December 18, according to Fox Business. Congress adjourns for the year on Friday, December 20, meaning that if Crenshaw’s renomination fails, Trump could nominate a new Commissioner.

The SEC must file its appeal-related opening brief in the Ripple case by January 15. Crenshaw’s reappointment would mean three Democrats could vote to file its opening brief. XRP could face selling pressure if the SEC pursues the appeal.

If the SEC withdraws its appeal, the agency could approve pending XRP-spot ETF applications, driving XRP demand. If not, the price could form the Head And Shoulders pattern driving the XRP price to $2.2 or below.

2024年12月17日

交易進行

Of the more than $65.9 million in RLUSD minted, only $13.3 million was on #XRPL and $52.9 million was on the #Ethereum network!