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Down 15% in the Last Month, Is There Any Hope for XRP?
XRP (CRYPTO: XRP) is down 15% during the past 30 days, and it might fall even further. With a trade war kicking in, it's reasonable to expect that digital coins focused on international commerce like XRP could take a severe beating that's only just getting started. Many are wondering if there's any hope for the coin, considering the bearish macro environment and the possibility of a recession looming.But investors should definitely not dump their coins, because there's plenty of hope for XRP. In fact, now could be a great time to buy it. Here's why.There are real reasons for XRP's recent struggles. Given that the coin is intended as a medium of exchange among financial institutions making international money transfers, the prospect of a trade war is a grim.Continue reading
XRP (CRYPTO: XRP) is down 15% during the past 30 days, and it might fall even further. With a trade war kicking in, it's reasonable to expect that digital coins focused on international commerce like XRP could take a severe beating that's only just getting started. Many are wondering if there's any hope for the coin, considering the bearish macro environment and the possibility of a recession looming.
But investors should definitely not dump their coins, because there's plenty of hope for XRP. In fact, now could be a great time to buy it. Here's why.
There are real reasons for XRP's recent struggles. Given that the coin is intended as a medium of exchange among financial institutions making international money transfers, the prospect of a trade war is a grim.
