The XRP price action continues to be a concern for many in the XRP community. Some have gone as far as stating that the crypto token’s price is suppressed. This pro-XRP legal expert, however, thinks otherwise as he provides a different perspective on XRP’s relatively tepid movement. 

XRP Holders Need Deeper Conviction

In a post on his X (formerly Twitter) platform, Bill Morgan said that convictions (likely in reference to XRP holders) need to be “deeper than a day, week, or month of price action.” He mentioned how he doesn’t read much into a month’s price action in the crypto market. 

Before then, the legal expert had highlighted how XRP’s price action hasn’t been great, as it is down over 2% over the last month. Although the 2% drop seems to be significant to Morgan, he was choosing to hold firm to his belief about XRP’s potential. His post came in response to XRP YouTube Moon Lambo’s post, which was also on XRP’s recent price action. 

In his post, Lambo had a word for the naysayers as he stated that there was nothing “weird” with the XRP price decline since other coins were suffering a similar fate at the moment. However, Lambo’s statement was in reference to XRP’s price action in a 24-hour timeframe, and that might do little or nothing to alleviate the concerns of those worried about XRP’s price. 

XRP at $0.61 | Source: XRPUSD On Tradingview.com
Go to Source to See Full Article

Author: Scott Matherson

				

					
Did you like this?
Tip BTC Newswire with Cryptocurrency
					

						
 Bitcoin
 Bitcoin Cash
 Ethereum
 Litecoin
 Monero
 ZCash
					
					
					

					    
Donate Bitcoin to BTC Newswire
					    

					    	
					    

					    
Scan the QR code or copy the address below into your wallet to send some bitcoin:
					    
					    

					    	 Donate via Installed Wallet
					    	Copy
					    
					    
					    
[X] Click Here to Hide Donation Details
					    
					
					

					    
Donate Bitcoin Cash to BTC Newswire
					    

					    	
					    

					    
Scan the QR code or copy the address below into your wallet to send bitcoin:
					    
					    

					    	 Donate via Installed Wallet
					    	Copy
					    
					    
					    
[X] Click Here to Hide Donation Details
					    
					
					

					    
Donate Ethereum to BTC Newswire
					    

					    	
					    

					    
Scan the QR code or copy the address below into your wallet to send some Ether:
					    
					    

					    	 Donate via Installed Wallet
					    	Copy
					    
					    
					    
[X] Click Here to Hide Donation Details
					    
					
					

					    
Donate Litecoin to BTC Newswire
					    

					    	
					    

					    
Scan the QR code or copy the address below into your wallet to send some Litecoin:
					    
					    

					    	 Donate via Installed Wallet
					    	Copy
					    
					    
					    
[X] Click Here to Hide Donation Details
					    
					
					

					    
Donate Monero to BTC Newswire
					    

					    	
					    

					    
Scan the QR code or copy the address below into your wallet to send some Monero:
					    
					    

					    	 Donate via Installed Wallet
					    	Copy
					    
					    
					    
[X] Click Here to Hide Donation Details
					    
					
					

					    
Donate ZCash to BTC Newswire
					    

					    	
					    

					    
Scan the QR code or copy the address below into your wallet to send some ZCash:
					    
					    

					    	 Copy ZCash Address
					    
					    
					    
[X] Click Here to Hide Donation Details