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Why Is Ripple’s (XRP) Price Down Today?


by Jordan Lyanchev
for CryptoPotato
Why Is Ripple’s (XRP) Price Down Today?

TL;DR

  • Ripple’s native token was rejected at $3.1 yesterday and nosedived by over 6% in the following hours to a low ot $2.9.
  • This particular price drop comes in a rather surprising period, as Ripple and its cryptocurrency have seen some enhanced adoption developments lately.
XRPUSD. Source: TradingView
XRPUSD. Source: TradingView

XRP’s Price Struggles

Looking on a monthly scale, XRP managed to do the unthinkable in mid-July when it broke out of its consolidation range at around $2.2-$2.3 and shot up to a new all-time high at over $3.6 – a moment that its community had waited for over seven years.

Read the article at CryptoPotato

Read More

Ripple (XRP) Price Predictions: $4 in Sight After Ripple’s SEC Victory?

Ripple (XRP) Price Predictions: $4 in Sight After Ripple’s SEC Victory?

XRP trades near $3.31 after SEC case closes. Whales stir, NVT drops, and chart signal...
Ripple’s XRP Silences Doubters With Explosive 25% Rally in Days

Ripple’s XRP Silences Doubters With Explosive 25% Rally in Days

XRP soared to a new multi-week peak of almost $3.4 today.

Why Is Ripple’s (XRP) Price Down Today?


by Jordan Lyanchev
for CryptoPotato
Why Is Ripple’s (XRP) Price Down Today?

TL;DR

  • Ripple’s native token was rejected at $3.1 yesterday and nosedived by over 6% in the following hours to a low ot $2.9.
  • This particular price drop comes in a rather surprising period, as Ripple and its cryptocurrency have seen some enhanced adoption developments lately.
XRPUSD. Source: TradingView
XRPUSD. Source: TradingView

XRP’s Price Struggles

Looking on a monthly scale, XRP managed to do the unthinkable in mid-July when it broke out of its consolidation range at around $2.2-$2.3 and shot up to a new all-time high at over $3.6 – a moment that its community had waited for over seven years.

Read the article at CryptoPotato

Read More

Ripple (XRP) Price Predictions: $4 in Sight After Ripple’s SEC Victory?

Ripple (XRP) Price Predictions: $4 in Sight After Ripple’s SEC Victory?

XRP trades near $3.31 after SEC case closes. Whales stir, NVT drops, and chart signal...
Ripple’s XRP Silences Doubters With Explosive 25% Rally in Days

Ripple’s XRP Silences Doubters With Explosive 25% Rally in Days

XRP soared to a new multi-week peak of almost $3.4 today.