Court Rejects SEC Appeal in Ripple Case; Crypto Analyst Sees Positive Signs for XRP But Bearishness for Ethereum
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Court rejects SEC appeal attempt in Ripple case, seen as positive for XRP by trader Credible Crypto. He says XRP needs to break $0.60 resistance to rally.
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Credible Crypto expects Bitcoin to respect support at $24,800 if it corrects.
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He is more bearish on Ethereum, saying it may make new lows while Bitcoin holds support.
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Credible Crypto believes altcoins and ETH/BTC will show weakness as Bitcoin dominance rises.
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At time of writing, XRP is at $0.532, BTC is at $27,422, and ETH is at $1,637.