June 28, 2023
The price of XRP undergoes a downward trend, descending from its previous height of $0.55 in June and breaching the $0.50 support level.
- There has been a recent surge in on-chain activity for XRP during the past week, which could indicate an impending price rally for the altcoin.
- XRP is entangled in a constant struggle between bullish and bearish sentiments amid Ripple’s ongoing legal dispute with the US Securities and Exchange Commission (SEC), which holds significant implications for investors and market participants who eagerly await a potential resolution that could shed light on XRP’s future trajectory.
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