Ripple (XRP) remains highly vulnerable to downside risks as the broader cryptocurrency market consolidates while on the edge amid geopolitical tensions in the Middle East. Meanwhile, the price of XRP hovers at around $2.20, down nearly 1.5% at the time of writing on Tuesday.
Ripple (XRP) is slowly losing its grip on the uptrend printed on Monday, following last week's sell-off, triggered by the public spat between United States (US) President Donald Trump and Tesla's CEO Elon Musk.
Ripple (XRP) pared losses following last week's sell-off to trade at around $2.26 at the time of writing on Monday. The sideways trading comes ahead of trade negotiations between the United States (US) and China in London.