XRP Price Crash : Peter Brandt Issues Dire Warning Amid Ripple vs SEC Drama

The post XRP Price Crash : Peter Brandt Issues Dire Warning Amid Ripple vs SEC Drama appeared first on Coinpedia Fintech News

The ongoing crypto correction triggered by the high-impact news on Wednesday has not spared Ripple Labs-backed XRP in the past 24 hours. The large-cap altcoin, with a fully diluted valuation of about $60 billion and a daily average traded volume of around $2 billion, dropped nearly 8 percent in the last 24 hours to trade about 60 cents on Thursday during the early New York session.

However, the Ripple community is celebrating an impressive performance in July, having rallies over 35 percent. Despite an indecisive weekly close, the XRP price has regained crucial support levels, including the weekly 50 and 200 Moving Averages (MAs).