Ripple & Dogecoin — Asian Wrap 12 Jan


XRP price could be setting up a buying opportunity before Ripple bulls prepare for a major recovery. The cross-border remittance token may discover reliable support at $0.65 prior to a significant price reversal. XRP price has formed a symmetrical triangle pattern on the 3-day chart.

 

Dogecoin price continued its path lower yesterday, hitting the $0.13 value area  – a price level traded in April 2021. It appeared as if Dogecoin might push even lower as it breached the lower trendline of the falling wedge, but buyers stepped in to support DOGE.  

 

Ripple no longer relies on its fair notice defence and opposes the SEC’s motion to strike. Ripple’s lawyers argued that the Fife case was from a different legal circuit and not legally binding in a New York district court. 



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