Technical analysis by mnmehr about Symbol XRP: Sell recommendation (12/26/2024)

During the previous stages, Ripple experienced two ups and downs in Major Time. The first time it took 399 days to ascend, and 427 days to descend, adding up to 826 days. After that, due to the prolonged court proceedings of Ripple, its ascension time lasted 875 days. Considering the clarity of the issue and the outcome of the Ripple case, it is likely to go down to the level of 786, i.e. the price of $0.65, and it is normal for the SEC to fail to receive compensation , And otherwise, it will lead to a bigger fall.