Ripple (XRP) Down 11.25% – XRP to Gain Support Near $0.4000
Join Our Telegram channel to stay up to date on breaking news coverage The Ripple (XRP) coin continued its long winning streak, reaching a high of $0.5582 before falling to $0.4274. Last week, the price of Ripple (XRP) skyrocketed, making it the fastest growing of the top ten currencies. The reason for its upward rally could be attributed to investors’ hopes that the SEC’s lawsuit against Ripple will be resolved. However, the XRP/USD pair has given up all of its gains due to a bearish bias in the cryptocurrency market . Furthermore, the fear & greed index indicates Extreme Fear, indicating that the market is exhibiting risk-off sentiment and is attempting to keep investment in safe-haven assets. As a result, this was regarded as one of the primary factors influencing Ripple pricing. Meanwhile, the US dollar’s decline in value aided the gains. Ripple (XRP) Seeks SEC Lawsuit Settlement The current down...