This has resulted in the altcoin breaking down its important support zone of $2.40. Marketers considered the conclusion of the XRP vs SEC lawsuit to be the gateway
The price of XRP today has dropped by 3.12%, with a trading volume of $2.950 billion. This move has seen the altcoin break an important support zone of $2.40.
Marketers considered the conclusion of the XRP vs SEC lawsuit to be the gateway for a new all-time high (ATH). However, the Ripple token has failed to deliver, resulting in a price correction.
On the other hand, the technical sentiments hint at a constant rise in the bearish action, indicating a further correction this week. Following this, the internet has witnessed a significant surge in various questions including Why is XRP dropping? Are you one of many who are micro-monitoring the possible Ripple price analysis for next week
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