XRP Price Slips Below $0.50 Support Amid SEC Lawsuit and CFO Resignation

XRP price slipped nearly 5% on Monday, losing support at $0.50. Price indicators show potential bearish momentum building.

Ripple CFO Kristina Campbell resigned this week amid ongoing lawsuit with SEC.

Deribit exchange, world’s biggest for BTC & ETH options, announced upcoming XRP options trading.

XRP finds more demand in derivatives market despite SEC tiff and price decline.

If bullish sentiment returns, XRP could reclaim $0.50 support and target $0.54 resistance again.