Ripple Victorious As Hinman Materials Unsealed, Why is XRP Down?

In a significant development in the legal dispute between Ripple, a blockchain company utilizing XRP in its On-Demand Liquidity (ODL) solution for cross-border transfers, and the United States Securities and Exchange Commission (SEC), the Hinman materials have now been unsealed.Ripple’s legal representatives had been asserting the relevance of these documents in their defense against the regulator. Still, XRP prices are below the $0.58 resistance level and tracking lower when writing on Ju