Global XRP Sales To land Under SEC Jurisdiction?

The US SEC is filing multiple lawsuits over digital assets and related firms in an attempt to extend its jurisdiction over the industry. However, long running Ripple lawsuit has grabbed every expert's eyeball, since both parties filed for Summary Judgment in the case.

Timeline of Xrp

Ripple has increased 20.6% over the last week. After more than 100 days, the bulls were able to close a candle over $0.40 on favorable news associated with the trial against the US Securities and Exchange Commission.

Over the past three months, the weekly technical chart shows two swing lows bounced back from the $0.315 support. In addition, the W-shaped formation in the chart reveals the shape of a double bottom pattern.

Today Ripple price analysis shows that the price of Ripple (XRP) is up again as bullish momentum builds and inflates to $0.4042.Resistance for XRP/USD is present at $0.4215, while support for the Ripple coin is seen at $0.3774.

XRP is up 25% since September 16 and is leading the top 100 cryptocurrencies. The post XRP bucks market sell off to lead top 100 amid string of positive developments appeared first on CryptoSlate.

The legal tussle between Ripple and the Securities and Exchange Commission appears to be coming to an end, both sides in the dispute have asked that a federal judge rule on the diatribe

XRP has broken out from a short-term pattern and could soon break out from a long-term descending resistance line. The post SEC v Ripple: Demand for a Swift Verdict Helps XRP Price Soar appeared first on BeInCrypto.

The legal battle between the US Securities and Exchange Commission (SEC) and Ripple XRP is getting tougher. The watchdog has been hunting crypto assets and firms tagged to deal with unregistered securities.

Ripple, Brad Garlinghouse, and Chris Larsen, defendants in a lawsuit filed by the US SEC filed an opposition to the latest filing. The letter suggests this is another attempt by the commission to delay awaiting the resolution of this case.

Ripple's [XRP] 24-hour performance in the crypto market would have lightened up the mood of its investors. According to CoinMarketCap, XRP had increased 10.11% in the last 24 hours.

The US Fed meeting will play a vital role for the entire US stock and the crypto market. The Federal Open Market Committee (FOMC) meeting on the rate hike will decide the future price actions of leading crypto coins.