3 reasons why XRP price can continue to fall after a 63% crash in four days
XRP price dropped to as low as $0.2138 on Binance as three key factors pushed the cryptocurrency down. XRP price dropped steeply below $0.3 on Dec. 24, hitting as low as $0.2138 on Binance. The selling pressure on XRP has intensified in the aftermath of the high-profile lawsuit filed by the United States Securities and Exchange Commission (SEC) against Ripple.There are three main factors behind XRP’s sharp price drop, namely the SEC lawsuit, likely delisting by exchanges and worsening market sentiment.XRP/USD daily candle chart (Coinbase). Source: TradingView.comRipple lawsuit is worse....
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