{"id":246544,"date":"2024-02-13T17:08:51","date_gmt":"2024-02-13T11:38:51","guid":{"rendered":"https:\/\/dripp.zone\/news\/pro-xrp-lawyer-deems-xrps-poor-performance-unnatural-price-to-hit-0-6-soon-crypto-news\/"},"modified":"2024-02-13T17:08:54","modified_gmt":"2024-02-13T11:38:54","slug":"pro-xrp-lawyer-deems-xrps-poor-performance-unnatural-price-to-hit-0-6-soon-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/pro-xrp-lawyer-deems-xrps-poor-performance-unnatural-price-to-hit-0-6-soon-crypto-news\/","title":{"rendered":"Pro-XRP Lawyer Deems XRP&#8217;s &#8216;Poor&#8217; Performance &#8216;Unnatural&#8217;, Price To Hit $0.6 Soon? &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>In a recent development, pro-XRP lawyer Bill Morgan has raised questions over the cryptocurrency\u2019s sluggish performance in the market. With XRP trailing behind its peers over the last 90 days, Morgan deems the situation \u201cunnatural,\u201d sparking speculation about the crypto\u2019s future trajectory.<\/p>\n<p>Meanwhile, amid this backdrop, analysts and investors alike are pondering whether the crypto will soon witness a resurgence, propelling its price to new heights.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<h2>Pro-XRP Lawyer Deems XRP\u2019s Performance \u2018Unnatural\u2019<\/h2>\n<p>Bill Morgan\u2019s commentary on XRP\u2019s performance has stirred the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/glossary\/cryptocurrency\/\">cryptocurrency<\/a> community, shedding light on the coin\u2019s recent underperformance. Pointing to a chart shared by an X platform user, Morgan noted the crypto\u2019s position second to last, with a 17.8% decline over the past 90 days.<\/p>\n<p>Meanwhile, he also seemed relieved with the comment that \u201cAt least XRP isn\u2019t last\u201d. In addition, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/xrp-news-pro-xrp-lawyer-argues-ripple-odl-transactions-not-investment-contracts\/\">Bill Morgan<\/a> sparked curiosity by sparking a query about why the crypto\u2019s performance has been poor in the last 90 days, deeming it \u201cunnatural\u201d.<\/p>\n<p>However, the user\u2019s comment, \u201cThis says it all,\u201d encapsulates the sentiment surrounding XRP\u2019s lackluster performance. However, despite the gloomy outlook, optimism looms on the horizon for crypto market enthusiasts.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p>With Crypto Rover echoing sentiments of a potential breakout after years of stagnation, confidence in XRP\u2019s prospects seems to be growing. In addition, this optimism coincides with a recent uptick in the crypto\u2019s price, signaling renewed investor interest amid a broader market resurgence.<\/p>\n<figure style=\"width: 757px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GGHmpHsWsAAxowC?format=jpg&#038;name=medium\" alt=\"XRP Chart\" width=\"757\" height=\"409\"\/><\/noscript><figcaption class=\"wp-caption-text\">Source: Crypto Rover, X<\/figcaption><\/figure>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p><strong>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/spot-ethereum-etf-weighing-in-pros-cons-ahead-of-anticipated-approval\/\">Spot Ethereum ETF, Unveiling Pros &#038; Cons Ahead Of Anticipated Approval<\/a><\/strong><\/p>\n<h2>Whale Activity &#038; Analysts Remain Bullish<\/h2>\n<p>Adding fuel to the optimism, recent whale <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/whale-alert.io\/transaction\/ripple\/FB43A7D5CEA69065436E0CC4F3FEE150C55A4DEBA57FFBA0601D6B0B649C7A51\">activity<\/a> in the crypto market has caught the attention of observers, according to WhaleAlert data. An anonymous whale\u2019s acquisition of 200 million XRP, valued at around $106 million, from <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/blog\/binance-exchange-review\/\">Binance<\/a> has fueled speculation and injected fresh optimism into the market. The move hints at renewed confidence among large-scale investors, potentially foreshadowing a bullish trend for the crypto.<\/p>\n<p>Subsequently, further buoying sentiment, top crypto market analyst Dark Defender predicts an imminent surge in XRP\u2019s price trajectory. Breaking through key resistance levels, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/xrp-price-analyst-remains-bullish-xrps-run-to-1-88\/\">Dark Defender<\/a> anticipates XRP\u2019s price to soar to $0.60 in the near term, with a long-term target set at $1.88 and beyond. Notably, this bullish outlook stands in defiance against skeptics, signaling potential growth opportunities for XRP investors.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p>Meanwhile, as of writing, the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/xrp\/\">XRP price<\/a> was up 2.46% over the last 24 hours to $0.5291, while its trading volume over the last 24 hours rose 35.46% to $1.01 billion. Notably, the crypto has touched a high of $0.537 and a low of $0.5149 in the last 24 hours.<\/p>\n<figure id=\"attachment_180157\" aria-describedby=\"caption-attachment-180157\" style=\"width: 756px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-180157\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"XRP RSI\" width=\"756\" height=\"312\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/XRP-RSI.png 1796w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/XRP-RSI-300x124.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/XRP-RSI-1224x505.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/XRP-RSI-768x317.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/XRP-RSI-1536x634.png 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/XRP-RSI-150x62.png 150w\" data-lazy-sizes=\"(max-width: 756px) 100vw, 756px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/XRP-RSI.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-180157\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/XRP-RSI.png\" alt=\"XRP RSI\" width=\"756\" height=\"312\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/XRP-RSI.png 1796w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/XRP-RSI-300x124.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/XRP-RSI-1224x505.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/XRP-RSI-768x317.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/XRP-RSI-1536x634.png 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/XRP-RSI-150x62.png 150w\" sizes=\"auto, (max-width: 756px) 100vw, 756px\"\/><\/noscript><figcaption id=\"caption-attachment-180157\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p>In addition, the XRP\u2019s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/glossary\/rsi-relative-strength-index\/\">relative strength index (RSI)<\/a> was near 50, suggesting a neutral condition of the crypto. According to CoinGlass data, XRP\u2019s Open Interest (OI) surged 7.05% to $642.91 million, suggesting a bullish sentiment in the market.<\/p>\n<p><strong>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/just-in-coindcx-and-koinex-merge-to-propel-crypto-adoption-in-india-amid-regulatory-hurdles\/\">CoinDCX and Koinex Merge to Propel Crypto Adoption in India<\/a><\/strong><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/pro-xrp-lawyer-deem-xrp-poor-performance-unnatural-price-hit-0-6-soon\/\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/pro-xrp-lawyer-deem-xrp-poor-performance-unnatural-price-hit-0-6-soon\/\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>          <!-- \n\n<div class=\"m-on pl-2 pr-2\">\n            \n\n<div class=\"row\">\n            \n\n<div class=\"col-6 pr-2\">\n         \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-7-crypto-marketing-firms-of-the-year\/?utm_source=abovesidebartabnews&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top Crypto Marketing Firms \/ Agencies 2023; Here\u2019s Best Picks [Updated]\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                  \n\n<div class=\"col-6 pl-2\">\n                 \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-10-web-3-games-to-explore-in-2023-here-list\/?utm_source=priceanalysisbar&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top 10 Web3 Games To Explore In 2023; Here List\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                <\/div>\n\n\n        <\/div>\n\n                    --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA180150\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>Rupam, a seasoned professional with 3 years in the financial market, has honed his skills as a meticulous research analyst and insightful journalist. 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With XRP trailing behind its peers over the last 90 days, Morgan deems the situation \u201cunnatural,\u201d sparking speculation about the crypto\u2019s future trajectory. Meanwhile, amid this backdrop, analysts and investors alike are pondering whether the crypto [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":246545,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-246544","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/246544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=246544"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/246544\/revisions"}],"predecessor-version":[{"id":246546,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/246544\/revisions\/246546"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/246545"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=246544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=246544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=246544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}