$XRP Ledger Foundation says no new XRP was created by the recently patched ledger bug, with supply still capped at 100 billion and fixed in version 3.4.1. ‌ ‌

100 billion token supply scare over, $XRP only moved 0.2% The $XRP scare has now passed: not a single token was added to the 100 billion supply, and the market only moved 0.2%, currently at 1.405. I’m bullish. The XRP Ledger Foundation stated that the vulnerability did not result in any new issuance, and the 100 billion token cap remains firmly locked. The negative news was disproven, with the price only falling from 1.4108 back to 1.4045 (-0.45%); panic selling failed to trigger panic. The market is resisting downside on shrinking volume, with 24h trading volume at 63495844 USDT, only 0.267 times the 30-day average, while still closing up 0.2%; the 7-day cumulative change is -6.84%, and selling pressure is waning. The technicals are also giving bears no ammunition: daily RSI is neutral at 45.6, the green bars of the 11-day zero-line death cross are flattening, and the 4h SAR is providing support at 1.372. Resistance above: 1.4074, 1.413, 1.414, 1.425 Support below: 1.4035, 1.4003, 1.3957, 1.372 The broader market is in an advancing phase, with advances/declines at 58/14, median gains of 1.6%, and the Fear & Greed Index at 69, somewhat overheated. The XRP long-short account ratio is 2.3456, so don’t get carried away. Enter at the current price of 1.405; accept the loss and exit if it breaks below 1.372, and look for an extension above 1.425. CPI is due tomorrow night, so don’t go all in. I’m off to watch the charts. Follow me for the next signal. $XRP