XRP price retraces 5% on Ripple Founder’s Sell-Off

On Saturday, Sept 21, XRP price reached a new monthly time frame peak of $0.61, propelled by bullish tailwinds from the US Fed’s 50bps 

 cut.

However, recent XRP’s upward momentum could be disrupted by recent internal events surrounding Ripple founder’s transactions and SEC’s ongoing efforts to file an appeal in the recently concluded lawsuit