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XRP price dropCoinGape
•Business
Business & Economics
60% Informative
XRP price tumbled nearly 4% to $ 2.13 after court rejected Ripple 's $ 50 M settlement bid.
Ripple's Chief Legal Officer Stuary Alderoty declared XRP ’s non-security status for retail sales remains unchanged despite the court's ruling against the settlement proposal.
Ripple co-founder ended 14-year silence, pushing XRP higher amid escalating geopolitical tensions due to the Iran -Israel war.
The key support level that needs to be held is the $ 2 psychological level.
A break of $ 2 could trigger a revisit of the immediate support levels at $ 1.95 and $ 161 , respectively.
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