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2 Reasons XRP Has a Tough Road Ahead

TheMotleyFool

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Ripple's XRP (CRYPTO: XRP) was one of last year's biggest crypto stories of last year. On July 18, 2024, it was worth just under $0.60. A year later, it had soared over 500% to a new all-time high of $3.65. On Jan. 14, it closed at $2.14 -- still a significant gain in less than two years, but a long way from its high.

Much of last year's growth was fueled by speculation about the end of Ripple's court case with the SEC. XRP has trended downward since the case was settled. In part, that sell-the-news action is common in crypto. However, it also reflects wider challenges.

Here are two reasons the forecast for XRP is not as rosy as bulls might suggest.

Source Fool.com

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