XRP’s performance has been subdued since the U.S Securities and Commission’s [SEC] lawsuit against Ripple Labs in 2020. In fact, since the lawsuit, Bitcoin’s [BTC] subsequent price rallies haven’t pumped XRP like other altcoins.
For example, BTC hiked by 30% over the last seven days, pushing most altcoins to appreciate by double-digits. However, XRP only hiked 4.5% over the said time period.
It shows better price action analysis and trade outcomes could become more difficult for XRP, especially for beginner traders.
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