Posted 3/20/2024, 6:09:48 AM
XRP Price Drops Below $0.60 Ahead of SEC Lawsuit Deadline As Whales Continue Selling
- XRP price fell below $0.60 psychological support level ahead of March 22 SEC vs Ripple lawsuit deadline
- SEC and Ripple filed joint proposal to seal confidential materials related to upcoming remedies briefs
- XRP whales have been moving large volumes of the token, averaging losses on their holdings
- XRP price could extend losses to $0.54 support level amid negative momentum
- A decisive daily close above $0.60 could reverse XRP price downtrend