🟦After the conclusion of the lawsuit between Ripple and the SEC, many expected XRP to rally, but the token failed to gain strength. Despite the legal victory, the market remains bearish, with major holders continuing to sell off—offloading 20 million XRP worth $50 million since March 19.
🟦At the time of writing, XRP is trading at $2.38, down 3.8% in the past 24 hours. If support at $2.13 fails, the decline could extend to $1.47. To reverse the trend, XRP must break above $2.61.