US Securities and Stock Exchange CommissionThe leadership change in Ripple has brought the fate of the case with Ripple. New SEC President who started his duty by swearing on Tuesday, April 21st Paul AtkinsCrypto currency investors will change the direction of the institution by shaping the direction of the institution. SEC will hold a closed meeting on Thursday (April 24th) and this development SEC – Ripple Increased speculation in the case that the final decision could be explained. As it is known, despite the official explanations that it has been officially completed, the case is still not legalized.
Fast solution expectation for the SEC meeting and the Ripple case
Ripple CEO Brad GarlinghouseDespite his “the case ended” in March, ” Sec – Ripple case Still in the judicial process. XRP priceAlthough it rose to $ 2.55 after the announcement, it decreased by 17.64 percent since then to $ 2.10. Altcoin, which has just risen 0.83 percent since the beginning of the year, has not satisfied its investor, but has found strong support in $ 2. However, a new and powerful acceleration is required to exceed the critical resistance level in $ 2.20.
Since the SEC’s meeting on April 24 is not open to the public, there is no clear information about the agenda items. For this reason, the situation of Ripple and XRP comes to the agenda at the meeting. One of the former SEC lawyers James FarallIn his sharing on social media, he predicted that the case could be concluded in October and in January 2027 at the latest.
Farall, Atkins’ leadership will accelerate the process of the allegations of the decisions taken during the previous presidential periods, because of the fast enough, he said.
Technical indicators and market conditions can support XRP price
XRP There are also opinions that the price can gain momentum independent of the Ripple – SEC case in the short term. Crypto currency analyst Ali MartinezDrawing attention to the compression of Bollinger bands, suggesting that a strong price movement may be experienced in the near future. This technical signal altcoinvolatility may increase and the price of the price may be up.
On the other hand, despite harsh sales in the traditional financial markets in recent days, the new capital entry of $ 60 billion to the crypto currency market. This shows that investors are turning to crypto currencies as they move away from risky assets. Although this flow has not yet had a strong effect on XRP, if the general market sensitivity is recovered, including XRP crypto currencyIt is possible that the s will move upward.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
