Ripple (XRP) trades at $0.5800 early on Friday. Ripple Chief Legal Officer (CLO) Stuart Alderoty traded barbs on the recent lawsuit and Securities & Exchange Commission (SEC) Chair Gary Gensler’s role in crypto regulation.
XRP erases 1.16% value on Friday, slips to $0.5800. Ripple Chief Legal Officer Stuart Alderoty acknowledges SEC loss in lawsuit, points out regulatory gaps in crypto. Alderoty has slammed SEC Chair Gary Gensler’s stance on crypto regulation on several occasions. Ripple trades at $0.5800 early on Friday. Ripple Chief Legal Officer Stuart Alderoty traded barbs on the recent lawsuit and Securities & Exchange Commission Chair Gary Gensler’s role in crypto regulation.
The Moving Average Convergence Divergence indicator shows green histogram bars above the neutral line, signaling underlying positive momentum in XRP price trend. XRP/USDT daily chart The altcoin could find support in the Fair Value Gap between $0.5188 and $0.5785 if the bullish thesis is invalidated and XRP corrects. The September 16 low of $0.5598 could act as key support for the native token of the XRP Ledger.
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