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Despite Hidden Road Acquisition, XRP Struggles as SEC Disagrees on Appeal Status

  • Ripple acquires Hidden Road for $1.25 billion, becoming the first crypto company to own a global prime broker.
  • XRP struggles to gain upward momentum due to the ongoing Ripple vs. SEC lawsuit.
  • Contradictions between Ripple's and the SEC's statements deepen the confusion regarding the lawsuit's status.
  • XRPUSD may face a double top pattern, prompting short positions and potentially driving the price lower.

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