XRP Trades in Range Amid SEC 'Clear Regulatory' Focus as Ripple Case Ends

From financemagnates.com

XRPUSD is trading within a defined range after facing multiple rejections at the 3.33500 level. The cryptocurrency was rejected twice earlier at this price point and, as of writing, has experienced another strong rejection. Traders are expected to closely watch how XRP reacts at this level, which is currently acting as a strong intraday resistance. The U.S. Securities and Exchange Commission and Ripple Labs have ended their nearly five-year legal dispute by dropping appeals and agreeing to cover their own costs, according to a filing with the Second Circuit Appeals Court. SEC officials, including Chair Paul Atkins ... (full story)