XRP is in a huge consolidation range therefore it is quite normal for amateur traders to lose money easily in this market since it requires huge PATIENCE in both sides. The current sentiment for XRP is neutral. If the court case rules in favor of the SEC against the XRP, we may see potential downturn however if XRP wins the trial, the coin will easily return to its former price.
Comment:
Due to the positive news of FED today, the move to the upside is more likely now than approaching the 0.58$ range however the resistance near the 2$ is still a major resistance until proven otherwise. Happy Longs Everyone!