XRP price dips to four week low, Ripple CLO critiques SEC Director’s statements on lawsuit

Ripple (XRP) price is in a downward trend this week, down to $0.5623 low, for the first time in nearly four weeks.

price nosedived to $0.5623 on Thursday, nearly four-week low for the altcoin. Ripple’s Chief Legal Officer Stuart Alderoty condemned the SEC Director’s statements on the lawsuit. SEC Director Gurbir Grewal lashed out at crypto firms for non-compliance in an event by the Practicing Law Institute. Ripple price is in a downward trend this week, down to $0.5623 low, for the first time in nearly four weeks.

price could begin its recovery and make a comeback to the Fair Value Gap between $0.6030 and $0.6103, on the four-hour chart. Once this inefficiency is filled, the altcoin could see another correction or a liquidity sweep below support at $0.5678, a level that existed as support throughout March 2024.

? therefore facilitates trustless and instant payments on the to power transactions. The ledger is different from other blockchains as it has a built-in inflammatory protocol that helps fight spam and distributed denial-of-service attacks. The

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