The XRP (CRYPTO: XRP) cryptocurrency, commonly known as Ripple, scored an important legal win in mid-July. The digital-currency's price chart soared from $0.47 to $0.84 in a matter of hours.

However, investor excitement has faded since then. Ripple trades at just $0.52 per token today. The trading volume has also faded dramatically in recent weeks.

Is Ripple's fading chart a sign of long-term weakness or is it a good idea to pick up a few tokens on the cheap?

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Source Fool.com