#XRP #Ripple #Analysis for long term

٢٣ ديسمبر ٢٠٢٠

After the news of the SEC's lawsuit against Ripple, acting as a strong negative fundamental, the price has been driven lower with losses of more than 25%. The market HAS ALREADY ABSORBED this news, which could translate into a LONG-TERM buying opportunity for Ripple, as the price has seen an increase in the last few hours by more than 10%, bouncing off the $ 0.30 support.

For those who want to hold a LONG-TERM trade, this could be an interesting buying point at $ 0.35, with a first target at the $ 0.44 resistance and a second target at $ 0.60.