XRP resumed its downward trend which it entered in January 2018
Unfortunately XRP, due to the SEC lawsuit and continued dumping of XRP by Ripple and its former co-founder Jed McCaleb, has re-entered the downward trend it established in January 2018.
According to the clean pitchfork channel it could fall as low as USD 0.03 by late March 2021 unless Ripple reaches an agreement with the SEC.
If the lawsuit drags on for more than 3 months Ripple might start losing the banking customers currently using RippleNet as more and more exchanges delist XRP. This would essentially kill XRP for good or at least damage it for many years to come.
According to the clean pitchfork channel it could fall as low as USD 0.03 by late March 2021 unless Ripple reaches an agreement with the SEC.
If the lawsuit drags on for more than 3 months Ripple might start losing the banking customers currently using RippleNet as more and more exchanges delist XRP. This would essentially kill XRP for good or at least damage it for many years to come.
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