XRP on course to reverse post-ruling gains, here's what is happening XRPArmy XRPCommunity XRPHolders $XRP
staged a historic surge in the wake of the landmark July 13 ruling, which determined that XRP is not in and of itself a security. Now it seems as if the euphoria surrounding the verdict is gradually dissipating as XRP has lost a major portion of its gains due to profit-taking. calls attention to the current profit-taking:"So significant was the Torres decision that the whole market moved up that day, including Bitcoin, yet the effect of the decision was that XRP alone has legal clarity.
Due to profit-taking, the XRP price has fallen by almost 33%, barely two weeks after the legal verdict. XRP had hit a high of $0.932 on July 13, rallying over 100% in the aftermath of the landmark ruling. However, the fifth-largest cryptocurrency still has a chance to limit the damage before losing another critical support level.
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