XRP retreats to support after Hinman documents release hype

XRP price has dipped to near $0.50 after jumping to above $0.55 on Tuesday.
The gains followed the eventual release of documents related to a speech by former SEC official Willian Hinman.
Analysts say XRP’s spike might have been a “sell the news event” although upside potential remains if market conditions align.The price of XRP, the cryptocurrency of blockchain company Ripple, has declined to support at $0.50 after the momentum that pushed it above $0.55 on Tuesday faded dram