微信截图_20230704111944.png

XRP increased on Sunday by 2.30%. After rising by 0.13% on Saturday, XRP lost 1.18% of its value for the week to conclude at $0.4845.

XRP saw a negative first hour, dropping to a low of $0.4701. As XRP climbed to a morning high of $0.4962, it avoided the First Major Support Level (S1) at $0.4669. The Major Resistance Levels were broken by XRP, who then retraced their steps through R3 ($0.4936) to close the day at $0.4845.

False reports cause XRP to test its resistance level at $0.50.

There were no noteworthy court decisions in the continuing SEC v. Ripple lawsuit, thus it was a calm Sunday session.

Although there were no new developments to take into account, misleading reports about SEC Chair Gary Gensler circulated. Gary Gensler's resignation from the SEC has been confirmed by inside sources, according to a number of sites, including Documenting Ripple.

The XRP community also discussed the upcoming US elections and the likelihood of Gensler resigning.

When informed by SEC PR that Gary Gensler would not be quitting, John Deaton said, "Not yet. But as election season approaches, the likelihood that it does occur increases the more of a political liability Gary Gensler becomes.

Trade

Market

Market Analysis

Trading Tutorial

Bonus rebate to help investors grow in the trading world!