The post SEC Challenges Ripple Victory, but XRP Paints Historical Pattern As Pomerdoge Presale Demand Spikes appeared first on Coinpedia Fintech News
The ongoing challenge by the U.S. Securities and Exchange Commission (SEC) against Ripple has once again taken centre stage. Undeterred by the challenge, XRP is now showing a bullish historical pattern. Similarly, Pomerdoge (POMD) is showing resilience to the bearish trend, reaching a new milestone while in presale.
Pomerdoge (POMD) Presale
SEC Challenges Ripple Victory, But XRP Prepares To Surge
The Ripple (XRP) community thought they had achieved a major victory over the SEC after the July 13 ruling. However, just weeks later, the regulator filed an appeal to challenge the decision from Judge Analisa Torres.
Ripple’s chief technical officer, David Schwartz, argued that the SEC’s appeal was “completely incoherent.” Despite what many have seen as a bearish trend, XRP could still be bullish, showing a historical trend.
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