Currently the situation of Crypto market is not really great because if you look at the market closely then you will figure out the current market sentiments. Do people are calling it bullish but this time it is not and the greed and fear index can clearly give you a better view of the market.
The xrp coin price has also been going down where it we have seen its high price which was pretty much close to three dollar but now it is pretty much close to $2 price range and it is continuously falling. Are you concerned about its price and do you think that it is going to be below $2? Again hard to answer this question but I believe looking at the current market sentiment it is quite possible but since ripple lapse has done great against the lawsuit case filed by the security and exchange commission so there are high chances that this coin will go again and it is a game of patience.
If you look at the above chart for XRP coin then you will see that the prices are going down continuously which is possible because the entire market is in correction mode as of now. Generally correction is considered is good for the market because this allowed more people to come forward and become part of the market and that is what I expect that this correction will be doing at the moment and it is encouraging more people to become part of the market.
I am investor on this coin and I did not book of it and its price was grown because I was expecting it to grow further but that did not happen and to be honest I was expecting price to be more than 3 dollar however that did not happen so now I'll wait for that try to come again and properly this my take some time depending up on how this market perform over all.
Thank you so much for stopping by and if you like my content, please vote and share your thoughts in the comments section.