XRP Price Drops 6% Despite Breaking Key Resistance - Technical Analysis Points to $3.38 Retest
XRP trades at $3.09 after a 6% decline, but Ripple technical analysis shows bullish momentum remains intact following the SEC settlement breakthrough. (Read More)
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XRP erases $10 billion in a day despite Ripple victory
In just a matter of hours on Thursday, August 14, XRP’s market capitalization dropped from $192.28 billion to $182.73 billion, erasing nearly $10 billion in value. The token is trading at $3.13 at the time of writing, down 3.88% on the daily chart, although it’s still up 2.47% this week following Ripple’s legal victory, according to CoinMarketCap. Hardly an isolated incident, it appears that the drop was largely a consequence of the U.S. Govern…
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