XRP to Surge? SEC's Non-Security Verdict Fuels Bullish Momentum

The XRPUSDT has successfully reached the 50% Fibonacci retracement level, indicating a positive development. Following the recent declaration by the SEC that XRP is not considered a security, the asset appears poised to continue its bullish momentum. The initial target remains at 1.5, with an ambitious second target set at 8 dollars.

Given the highly positive news, it is expected that significant shorters may choose to avoid interfering with this asset. The trend remains undoubtedly bullish, especially in the post-SEC news period.