Ripple Secures Another Small Win Against SEC as Bull Market Returns

Azeez Mustapha


Unlock Daily Forex Signals

Select a Plan


1 - month



3 - month



6 - month






Separate Swing Trading Group



Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored

Service for copy trading. Our Algo automatically opens and closes trades.


The L2T Algo provides highly profitable signals with minimal risk.


24/7 cryptocurrency trading. While you sleep, we trade.


10 minute setup with substantial advantages. The manual is provided with the purchase.


79% Success rate. Our outcomes will excite you.


Up to 70 trades per month. There are more than 5 pairs available.


Monthly subscriptions begin at £58.

Defense attorney James K. Filan, familiar with the Ripple vs. US Securities and Exchange Commission (SEC) lawsuit, recently tweeted that the defendant has bagged another small victory against the SEC after receiving a time extension on the motion filed with the court last week.

Filan tweeted on Monday that the San Francisco-based payments company has gotten the approval to extend its response period to the SEC on some alterations the agency made on its minutes of the meeting it had with third parties.

The regulatory watchdog was granted permission to make some changes to four sets of documents from the third parties’ meeting minutes, relating to the Ripple case. That said, the regulator is expected to deliver the redacted documents for assessment by Ripple’s legal team later today. The team is then expected to give a response on April 4.

Originally, the Commission filed for the allowance of more time to make alterations to the previously mentioned documents.

That said, CryptoLaw founder John Deaton’s prediction that the case would be settled in March has been negated by the ongoing developments. Meanwhile, vocal Ripple community member and lawyer Jeremy Hogan has adjusted his April forecast to September or October, noting that “this case goes away due to collateral estoppel.”

Key Ripple Levels to Watch — March 30

Ripple has found some bullish support at the $0.8500 level, following a rejection from the $0.9120 level, which coincided with my ascending channel from late February. The cryptocurrency has spent the past 48 hours wading off bearish attempts to drag prices down as it eases out of overbought trading conditions.

XRPUSD 2022 03 30 17 20 59.png
XRPUSD – Daily Chart on Bitfinex. Source: TradingView

XRP now trades within the mid-channel area as a dip to the $0.8350 base looms. Regardless, the broader sentiment in the market remains hyper-bullish, meaning that any move to the $0.8350 level will be followed by a bullish resurgence to the $0.9000 level and possibly the $1 barrier.

Meanwhile, my resistance levels are $0.8800, $0.9000, and $0.9275, and my support levels are $0.8500, $0.8350, and $0.8250.

Total Market Capitalization: $2.14 trillion

Ripple Market Capitalization: $41.4 billion

Ripple Dominance: 1.93%

Market Rank: #6


You can purchase Lucky Block here. Buy LBlock

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *