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Will XRP Price Defend $0.5 Support If SEC Decides to Appeal?

CoinGape
Summary
Nutrition label

67% Informative

The XRP price dipped 2.62% to $ 0.56 on Sunday as crypto witnessed renewed selling pressure.

The falling price marks a notable reversal within the multi-year triangle pattern , signaling the potential for a major correction.

XRP 's Open Interest (OI)-Weighted Funding Rate at -0.0085, indicating that traders are paying to maintain short positions.

Attorney Jeremy Hogan believes the injunction on ODL sales will not change much, noting that most sales are outside U.S. jurisdiction.

VR Score

49

Informative language

37

Neutral language

37

Article tone

formal

Language

English

Language complexity

45

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not offensive

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not hateful

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Time-value

short-lived

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