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Plus Wallet & OKX Wallet Showdown; Developments in Ripple Case

SEC Renomination Delays Fuel XRP Optimism; Plus Wallet Excels in Security Amidst OKX’s New Initiative In key XRP news, there’s increasing hope that the SEC might drop its appeal against Ripple, sparked by the delay in Carline Crenshaw’s renomination. This could pave the way for a new pro-crypto SEC commissioner. In the crypto wallet sector, Plus Wallet stands out along with the latest OKX update. Plus Wallet is favored for its comprehensive features, providing top-notch security and ease of use through its mobile app. Its strong security allows users to trade safely wherever they are. Additionally, the latest OKX update has introduced ‘Alpha Traders,’ an exclusive group for leading Web3 influencers. This initiative gives members early access to OKX updates, special events, and other unique benefits. XRP News: Carline Crenshaw’s Role in SEC vs. Ripple Dynamics Recent XRP news focuses on SEC Commissioner Carline Crenshaw’s ongoing renomination process, which is pivotal for the SEC vs Ripple litigation. Last week, her renomination was postponed due to procedural delays, with opposition blocking the process. This leaves a narrow window for confirmation. Should Crenshaw not be renominated, the next appointee, potentially a pro-crypto advocate, could alter the SEC’s stance towards Ripple, influencing the market’s future significantly. Conversely, if she remains, her position could decisively influence the SEC’s decision on whether to continue the appeal, marking a critical point in XRP news. OKX Updates: ‘Alpha Traders’ Community Inauguration OKX recently unveiled ‘Alpha Traders,’ an exclusive community targeting leading on-chain traders. This group is integral to shaping future OKX updates, offering feedback on product developments, enhancing wallet services, and steering community initiatives. Members enjoy privileged access to new OKX updates, exclusive events, and a host of perks such as monthly stipends, transaction fee refunds, and bespoke products. This elite community is composed of influential figures across platforms like X and Telegram, significantly impacting the trajectory of OKX updates and the broader Web3 trading landscape. Plus Wallet: A Blend of Security, Rewards, and Versatility As the crypto market evolves, an influx of new participants are looking to capitalize on the potential profits of cryptocurrency. Yet, as the market expands, it also attracts malicious entities intent on seizing valuable digital assets. Plus Wallet addresses these concerns with a comprehensive approach, integrating superior security, advanced features, and rewarding opportunities to help users safeguard their investments while enhancing their returns. Plus Wallet boasts a formidable security system, which secures user assets by storing private keys on the user’s own device. This ensures total control by the device owner and restricts access to their funds. To bolster data protection, Plus Wallet employs encryption alongside two-factor authentication (2FA), offering users the choice of Face ID or a PIN code to enhance security measures. These layers of security are critical, especially if the device falls into the wrong hands. Beyond security, Plus Wallet supports strong cross-chain functionality, enabling users to manage assets across multiple blockchain networks from a single interface. This feature simplifies interactions with various cryptocurrencies. Additionally, Plus Wallet encourages passive earning by rewarding users for every transaction made. Its commitment to security, cross-chain capability, and user incentives firmly establishes it as a leading choice for anyone needing a dependable and top crypto wallet. The Road Forward The future of the XRP market could be heavily influenced by the outcome of Carline Crenshaw’s renomination and its effects on the SEC’s approach to the Ripple case. Nevertheless, as cryptocurrency becomes more mainstream, the necessity for top-notch crypto wallets to secure digital assets becomes more apparent. The recent OKX update introduces the Alpha Traders community, involving influential figures in refining the platform. Meanwhile, Plus Wallet remains a standout with its robust security measures, user-friendly interface, cross-chain support, and earning potential, making it the best crypto wallet for both newcomers and seasoned users aiming for high security and profitability. Explore Plus Wallet: Website: https://pluswallet.app/ Download: https://onelink.to/pluswalletapp Twitter: https://x.com/pluswalletapp Instagram: https://www.instagram.com/pluswallet.app/ Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . The Crypto Basic

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XRP whales go on another buying spree; Is $3 next?

As XRP consolidates above the $2 support zone, whale transactions could provide the much-needed trigger to breach the $3 psychological resistance. Specifically, large holders with addresses containing 100 million to 1 billion XRP acquired 30 million tokens in a 24-hour window, according to on-chain data shared by prominent cryptocurrency analyst Ali Martinez on December 17. XRP whale transaction chart. Source: Santiment/Ali_charts Indeed, this was the second consecutive day of whale accumulation for XRP. On December 16, Martinez also pointed out that the holders acquired 830 million XRP within 24 hours. XRP whale transaction chart. Source: Santiment/Ali_charts The buying spree coincides with the recent XRP price growth, and such accumulation has historically preceded substantial rallies. XRP’s potential bull case Meanwhile, Martinez had earlier highlighted the possibility of continuation in XRP’s price appreciation. He noted that once XRP breaks the $2.60 resistance, it could ‘head toward $4.’ This follows his December 12 analysis, in which he identified a bull flag pattern on the four-hour chart. A bull flag is a continuation pattern marked by a sharp rally followed by consolidation within a downward-sloping channel. To this end, if the pattern is realized, XRP could hit a long-term target of $4. A similar bullish outlook was observed by a cryptocurrency analyst with the pseudonym Dark Defender in an X post on December 18. XRP price analysis chart. Source: Dark Defender The analyst stated that XRP has broken out on the daily chart, signaling bullish momentum after rebounding from the $2.72 level. This move follows the completion of an A-B-C corrective wave, a reversal pattern indicating the end of a downtrend, and the start of a new upward move. Additionally, the breakout from a descending triangle—a bullish continuation pattern—confirms XRP’s strength, with previous resistance now acting as support. The expert projected that a potential retest of $2.42 may occur, as breakouts often revisit former resistance to establish a stronger base before continuing higher. The Fibonacci extension at 161.8% projects a near-term target of $3.43. Fibonacci levels are used to identify potential price targets in trending markets, and clearing this level could open the path toward $5.85, the next significant extension. Besides the technical indicators , XRP is backed by additional fundamentals, such as Ripple’s RLUSD stablecoin rollout . In this case, RLUSD transactions burn small amounts of XRP, linking the two assets, a move likely to drive further growth. XRP price analysis XRP was trading at $2.54 by press time, having plunged by over 4% in the last 24 hours. However, on the weekly chart, the asset remains in the green, up almost 7%. XRP seven-day price chart. Source: Finbold Although XRP is exhibiting bearish sentiments in the short term, the overall market outlook remains bullish , supported by the current technical setup. At the current valuation, the Ripple-affiliated asset is trading above the 50-day simple moving average ( SMA ) of $1.39 and the 200-day SMA of $0.75, signaling strong upward momentum both in the short and long term. On the flip side, investors need to be wary of a possible price correction or consolidation for the short term, considering the 14-day relative strength index ( RSI ) stands at 68, approaching overbought territory. Featured image via Shutterstock The post XRP whales go on another buying spree; Is $3 next? appeared first on Finbold . The Crypto Basic