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Ripple (XRP) price tumbles below $2.40 as Trump calls for stablecoin legislation

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Summary
Nutrition label

59% Informative

Ripple (XRP) price tumbled below the $ 2.40 mark on Friday , down 3% from the weekly time frame peak recorded after Trump ’s appearance at the Digital Asset Summit on Thursday .

XRP fell 3% after hitting a 10-day peak at $ 260 , now testing a key support level.

Trump 's proposed stablecoin legislation could enhance Ripple 's RLUSD adoption, benefiting XRP 's broader utility.

Technical indicators show XRP consolidation, with upside resistance at2.70.

VR Score

43

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38

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24

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formal

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English

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Attention-grabbing headline

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short-lived

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