@xrp_updates4: An analyst says #XRP is replicating its 2017 breakout setup even if the clarity act fails Dark defender argues that #XRP is mimicking the exponential moving average. Structures seen in 2014 and 2017 periods that preceded major price expansions. The analyst has highlighted XRP's ability to hold its 100-month EMA, which he calls a parabolic surge line on. The August candle closed above the 50-month EMA The point is not that the legislation is irrelevant It is that the XRP price structure may not need congress to provide the initial breakout catalyst THE SEPTEMBER 15 #CLARITYACT VOTE IS STILL ONE OF THE BIGGEST NEAR-TERM REGULATORY EVENTS FOR CRYPTO ENTERS THE DEBATE FROM A DIFFERENT POSITION THAN MANY CRYPTOCURRENCIES RIPPLE LONG RUNNING SEC CASE HAS ALREADY PRODUCED MORE DEVELOPED US LEGAL PRECEDENT AROUND #Crypto #🇱🇷🇱🇷🇱🇷🇱🇷🇱🇷🇱🇷🇱🇷🇱🇷