3 reasons why XRP price can continue to fall after a 63% crash in four days
Cointelegraph
Published Dec 24, 2020 05:04AM ET
Updated Dec 25, 2020 07:00AM ET
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 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.
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Written By: Cointelegraph
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