Ripple and the SEC both agreed to expedite the lawsuit on Friday to get an answer on whether $XRP is a security or not.
— Jeff Sekinger (@JeffSekinger) September 19, 2022Fed spoils SEC vs. Ripple euphoria
The XRP/USD pair dropped by over 1% to $0.35 while forming extremely sharp bullish and bearish wicks on its Sep. 19 daily candlestick. In other words, its intraday performance hinted at a growing bias conflict among traders.
XRP/USD daily price chart. Source: TradingView
The indecisiveness could be due to XRP’s exposure