<ul><li>Ripple's cross-border token, XRP, saw a price drop of over 11% in just a few days, falling below $2.35 after being rejected at a multi-month peak of around $2.7.</li><li>Despite the recent price drop, a technical indicator, TD Sequential, has signaled multiple buy signals on XRP's hourly chart, indicating a potential trend reversal.</li><li>The rejection of price at $2.7 coincided with a legal development as Judge Torres denied a joint motion by the US SEC and Ripple to settle their lawsuit for $50 million.</li><li>Additionally, concerns arise due to a lack of new users on the XRP network, with daily wallet creation far below leaders like Bitcoin and Ethereum, potentially posing challenges for XRP's price movement.</li></ul>

Ripple’s Price Is Down by 11% in 3 Days But Here’s Some Good News for the XRP Army

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