XRP price is down 2% on the day and nearly 9% in the past seven day, extending its losing streak. Catalysts influencing the second-largest altcoin’s price trend are the legal uncertainties in the SEC’s lawsuit against Ripple and the $50 million settlement amount. Bitcoin’s consolidation has potentially led to indecisiveness among traders this week.
Chart of the week: XRP price trend reversal likely, could lead with double-digit gains
