Cryptocurrency analyst and trader Ali Martinez published a post pointing out the “strong buying opportunity” that cryptocurrencies present. $XRP To the community at the moment.
The analysis was released after US regulators SEC and CFTC approved it. $XRP and other cryptocurrencies as non-security assets.
“Strong purchasing opportunity $XRP”
Martinez shared multiple years $XRP Chart showing Ripple related cryptocurrencies $XRP It has gradually risen from the lows recorded in 2021. This can be clearly seen on the chart. The asset follows a trend line and shows the current situation. $XRP/USD exchange rate may find support near $1.46.
“This trendline could provide a strong buying opportunity. $XRP‘ he claims.
This trendline could provide a strong buying opportunity. $XRP! pic.twitter.com/rdyxCeal1s
— Ali Charts (@alicharts) March 20, 2026
SEC admits $XRP As a digital product
As U.Today reported two days ago, the SEC, in conjunction with the CFTC, issued a press release announcing a significant shift in policy regarding digital currencies. Unlike the previous SEC administration run by Gary Gensler, the regulator led by Paul Atkins has now announced that certain cryptocurrencies will not be considered digital securities.
With the exception of Bitcoin and Ethereum, which have been called commodities for over a decade. $XRP is also currently listed as a non-security asset. Popular cryptos such as BCH, LTC, XLM, ADA, SOL, HYPE, and even meme coins DOGE and SHIB are also included in that list. Commenting on the announcement, Ripple’s Chief Legal Officer Stuart Alderotti said the Ripple team had never had any questions about this matter. $XRP It’s not a security.
The news coincided with $XRP It had already risen earlier in the week and peaked at the $1.60 level on Wednesday, which accounted for about 14% growth. However, the stock has since reversed, dropping 11.27%. Over the past 24 hours. $XRP We have cut our losses slightly and are switching trades at $1.45 as of this writing.
