XRP Loses Recent Gains, Bleeds 7% in One Day, as Tokenized US Treasury Bills Arrive on the XRP Ledger

Ripple informed market participants of the arrival of tokenized US Treasury bills on the XRP Ledger through an official tweet on X.

Ripple (XRP) price analysis reveals a sharp decline on Thursday, erasing recent gains and dropping nearly 7%.

However, XRP price showed resilience earlier this week, surging past $0.63 amid anticipation of a concluding SEC lawsuit.

Moreover, the XRP price attracted attention by rising to $0.63 at the beginning of the week, and investors expected the SEC case to be concluded soon.

Furthermore, XRP price has recently shown a bearish trend on technical charts and has fallen significantly throughout the week.

Initially, the XRP price rose by breaking the downtrend on July 12 and has made significant gains since then.

But in recent developments, the XRP price recovered rapidly and fell by approximately 7% in a single day.

As a result, the XRP price recently recovered its losses and fell as low as $0.5766 on Thursday.

Currently, XRP price is expected to gather liquidity in the Price Value Gap between $0.5404 and $0.5783.

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