๐ Ripple's XRP faces turbulence! Despite major milestones, XRP has plunged over 35% from its January high, trading at $2.1564. The U.S. SEC's decision to end its litigation against Ripple clears the path for U.S. partnerships, but the market remains bearish.
Key Highlights:
- Ripple aims to rival SWIFT by partnering with banks globally.
- Secured licenses in NY, Texas, and UAE.
- Ripple USD (RLUSD) stablecoin sees impressive growth.
- XRP ETF applications could attract Wall Street interest.
๐ Technical analysis warns of a bearish breakdown. Will XRP rebound or continue its descent? Share your thoughts below! ๐ฌ