Ripple Price Reversal Signals Downturn
This is a U.S. news story, published by CoinGape, that relates primarily to Jeremy Hogan news.
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Will XRP Price DefendCoinGape
•Will XRP Price Defend $0.5 Support If SEC Decides to Appeal?
67% Informative
The XRP price dipped 2.62% to $ 0.56 on Sunday as crypto witnessed renewed selling pressure.
The falling price marks a notable reversal within the multi-year triangle pattern , signaling the potential for a major correction.
XRP 's Open Interest (OI)-Weighted Funding Rate at -0.0085, indicating that traders are paying to maintain short positions.
Attorney Jeremy Hogan believes the injunction on ODL sales will not change much, noting that most sales are outside U.S. jurisdiction.
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