Despite all of the commission's attempts, Ripple will most likely win in the process and finally prove that it is not a security, hence, it will avoid regulatory crackdown from the SEC. The current scenario plays out in favor of the coin since a lot of market participants still identify XRP with Ripple.From a technical perspective, XRP is breaking through the important resistance level reflected in the 200-day moving average.
Generally, Bitcoin is moving in the local downtrend and will most likely continue this tendency while the U.S. dollar is rallying against a bracket of foreign currencies.
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Source: Utoday_en - 🏆 295. / 63 Read more »