XRP tests support, Bitwise files S-1 form with the SEC for first US-based Spot XRP ETF
Ripple’s XRP is in a multi-month downward trend as seen in the XRP/USDT daily chart. The altcoin trades at $0.5709 after testing the $0.5946 support on Wednesday. The Moving Average Convergence Divergence (MACD) indicator shows that the XRP price trend likely has underlying negative momentum as the streak of green histogram bars ends.