movement to make sardines leave and buy lower, xrp will explode but whales don't want sardines to stay
Timor 5780
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Bearish
XRP has seen a significant drop in its price recently, falling by 8% to $2.36.
Possible reasons for this drop:
1. Legal developments: The US Securities and Exchange Commission (SEC) filed an appeal against Ripple, which raised investor concerns and led to selling pressure on the coin.
2. Changes in monetary policy: The US Federal Reserve’s hawkish interest rate policies have reduced liquidity in the markets, negatively impacting digital assets including XRP.
3. Profit-taking: After previous spikes in the price of XRP, some investors sold their holdings to take profits, which contributed to increased selling pressure and a decline in the price. #Xrp🔥🔥 $XRP
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