After dropping from a September high of $1.4 and testing support at $0.92, Ripple is now hovering around $1. On August 24, a call to sell XRP was issued, which was later reaffirmed on September 6. The market's overall technical picture is bearish, meaning that XRP could decline further before making a strong comeback. In the United States, a lawsuit to classify XRP as a security token is still pending.