The cryptocurrency market has been in turmoil, and $XRP has not been spared. After days of heavy selling, $XRP is now trading at $2.37, down sharply from its recent high of $3.18. The token even touched a low of $1.53, leaving many wondering whether this is a golden buying opportunity or the start of a deeper fall.
This decline is not unique to $XRP — the entire altcoin sector has been moving in sync with Bitcoin and Ethereum. When major coins dropped, smaller assets followed suit, amplifying losses across the board.
Is the Bottom In, or Is More Pain Ahead?
Some experts say $XRP hasn’t reached its bottom yet. They expect another leg down, possibly toward the $1.30–$1.50 range, before a sustained rebound. Others think the worst may be over, with the recent crash flushing out excess leverage from the system.
coinpedia.org