The double top pattern typically requires confirmation through a decisive drop below the “neckline,” the support level between the two peaks, which lies around $80,000 to $84,000 based on recent price action.
Last August, New York judge Analisa Torres ordered Ripple to pay the regulator a $125 million fine for violating securities laws through institutional sales of XRP.
The investment firm and provider of exchange-traded funds (ETFs) launched three protected bitcoin ETFs earlier this year, but it won’t do the same for Ethereum.