Despite the fact that a legal dispute with the Securities and Exchange Commission (SEC) has been effectively concluded, the rally has been sluggish with the price remaining at around $2.50, and it is reported that there are no special favorable factors for the time being.
On the 19th of last month, when the SEC abandoned its appeal against Ripple, its price soared 11% to $2.59 on the same day.
However, it has not risen any further and is trapped in the box range of $2.30-$2.50.
They have not risen since then, even as U.S. President Donald Trump suggested the tariffs, scheduled for April 2, would be weaker than expected.
Ripple broke through $3 on March 2, but has not been able to recover from that level. With no special favorable news for the time being, the rally may be over.
he added.
2025/03/26 11:25 KST
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