XRP drops 11% despite SEC victory: What's happening?
Portfolio Pulse from
Despite winning a significant legal battle against the SEC by having the appeal dropped, XRP is experiencing a sharp decline in market performance. The token has lost 11% in value, with daily active addresses plummeting nearly 70%, suggesting waning investor confidence and reduced market engagement.
March 30, 2025 | 5:15 pm
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NEGATIVE IMPACT
The SEC's decision to drop its appeal provides regulatory clarity, but XRP faces significant market challenges with declining network activity and price weakness.
Despite the legal victory, XRP is experiencing negative market dynamics: 1) 11% price decline 2) 70% drop in active addresses 3) Weak RSI and On-Balance Volume 4) Potential further downside to $1.90
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100