Accumulation for 130 days ended with a successful test of purchases, followed by an exit from the trading range on the rising volume of purchases. This instrument has all the prerequisites to start trending upward, and the news background is supporting the positive dynamics: the SEC and Ripple Labs have filed motions for summary judgment on a possible violation of the Securities Act. Plaintiff and defendant explained that the judge had sufficient information to do so. The company's lawyers pointed out that the Commission had run out of arguments in trying to prove that the XRP sales constituted an "investment contract." The SEC noted that it was able to confirm this.
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
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