Morgan Stanley Boosts Nvidia and Broadcom Targets as AI Demand Surges 
Bitcoin Smashes $93K as Institutions Pile In – $100K Next? 
Microchip Technology Boosts Q3 Outlook on Strong Bookings Momentum 
ETHUSD Finds Its Footing: Buy the Dip for a Potential Surge Toward $3600 
Bitcoin Defies Gravity Above $93K Despite Missing Retail FOMO – ETF Inflows Return & Whales Accumulate: Buy the Dip to $100K 
Apple Alerts EU Regulators That Apple Ads and Maps Meet DMA Gatekeeper Thresholds 
Amazon Debuts “Amazon Now” for 30-Minute Ultrafast Grocery Delivery 
Coupang Apologizes After Massive Data Breach Affecting 33.7 Million Users 
Michael Dell Pledges $6.25 Billion to Boost Children’s Investment Accounts Under Trump Initiative 
FxWirePro- Major Crypto levels and bias summary 
Baidu Cuts Jobs as AI Competition and Ad Revenue Slump Intensify 
AI-Guided Drones Transform Ukraine’s Battlefield Strategy 
Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation 
Nexperia Urges China Division to Resume Chip Production as Supply Risks Mount 
XRP, supported by a bullish divergence, is gaining momentum after reclaiming the $0.50 support level. The cryptocurrency’s legal clarity continues to attract investor interest, with market signals showing waning bearish pressure and renewed optimism in its price trajectory.
Bullish Signal Ignites Green Trend for XRP
After displaying a bullish signal, the Ripple-affiliated coin XRP is now trading in the green.
A bullish divergence was recently observed by the seventh-largest cryptocurrency by market capitalization, according to the 100eyes Crypto Scanner, a service that offers alerts based on technical analysis.
This indicates that although the price logged a lower low on the four-hour chart, the relative strength index (RSI) posted a higher low. It appears like the impetus of the bear market is beginning to fade.
XRP Reclaims Key Support Level at $0.50
After collapsing to an intraday low of $0.49, the cryptocurrency has recovered to the crucial $0.50 barrier.
Coincident with Bitcoin's movement, the contentious token has followed suit. Not long ago, the market capitalization leader in cryptocurrencies regained the $69,000 milestone.
According to Ripple's most recent report, XRP made some progress vs. Bitcoin in the third quarter.
SEC Appeal and Ripple’s Market Impact
Following the SEC's decision to appeal the Ripple case, the cryptocurrency market saw a precipitous decline last month. But in the end, it wasn't that long.
Even if Ripple is in for some bad news due to the SEC appeal, the regulator has already stated that it would not attempt to classify the XRP cryptocurrency as a security, U.Today shares.
XRP Benefits from Legal Clarity Amid SEC Challenges
The SEC has frequently acknowledged Bitcoin as a commodity thus XRP continues to enjoy the same level of legal clarity.
With numerous spot ETF filings in the US, the Ripple-affiliated cryptocurrency is rapidly entering into mainstream finance.
ETF Filings Highlight Legal Uncertainty
21Shares made it clear in their most recent ETF filing that XRP is not a security. Nevertheless, one of the potential risks was that XRP might one day be considered a security.
