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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

How High Will XRP’s Price Go if All Ripple ETFs Are Approved in 2025? 3 AIs Give Big Predictions

How High Will XRP’s Price Go if All Ripple ETFs Are Approved in 2025? 3 AIs Give Big Predictions

How high can XRP's price surge this year?
Ripple (XRP) Price Predictions for This Week

Ripple (XRP) Price Predictions for This Week

XRP fell to the $2.7 support before staging an impressive recovery. Will buyers retur...

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

How High Will XRP’s Price Go if All Ripple ETFs Are Approved in 2025? 3 AIs Give Big Predictions

How High Will XRP’s Price Go if All Ripple ETFs Are Approved in 2025? 3 AIs Give Big Predictions

How high can XRP's price surge this year?
Ripple (XRP) Price Predictions for This Week

Ripple (XRP) Price Predictions for This Week

XRP fell to the $2.7 support before staging an impressive recovery. Will buyers retur...