XRP News: Key Cryptocurrency Developments with Qubetics, XRP, and BNB
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In the ever-evolving world of cryptocurrency, several notable developments have captured the market’s attention. Here’s a summary of the latest news involving Qubetics, XRP, and BNB.
XRP Pumps, BNB and Qubetics Crypto Presale Capture Attention
The cryptocurrency market is seeing exciting developments with Qubetics, XRP, and BNB standing out. Qubetics is transforming tokenized assets, securing massive investments in its crypto presale, and forming partnerships. XRP surged past $2.50 after the SEC lawsuit dismissal announcement by Ripple CEO Brad Garlinghouse. BNB is also gearing up for a bullish breakout. This article does not represent investment advice and is for educational purposes only.
XRP Price Prediction: Potential $3.40 Rally Hinted by Wave 4 Structure
XRP has maintained its channel structure despite a decline. If resistance at $2.45 is broken, a push toward $2.65–$2.70 is possible. Speculation suggests U.S. Treasury integration could fuel a price surge. The cryptocurrency has hit a local 0.5 retracement level but preserved its structural integrity, adhering to its established channel and finding support at the 1.236 extension level for Wave C. This is in line with normal Wave 4 corrective action, preserving the overall bull structure.
SEC Drops Appeal Against Ripple, XRP Price Surges
Brad Garlinghouse, CEO of Ripple, announced that the SEC has dropped its appeal against Ripple, ending a three-year legal battle. The SEC confirmed that Ripple is no longer under threat, leading to an immediate surge in XRP’s price. The legal saga began with the SEC claiming Ripple violated securities laws by selling XRP.
XRP Price Prediction For March 21
Ripple’s XRP is currently down by more than 2% and trading at $2.43. Short-term price bounces are typical, but a major surge like the one at the end of 2024 seems unlikely for now. XRP is moving within a narrow price range with support between $2.24 and $2.30, and resistance levels at $2.65 to $2.80. Recently, the Relative Strength Index (RSI) reached overbought levels, indicating a possible short-term pullback, followed by a slight dip in price.
